Boston MA

Chicago IL

Remote

Seattle WA

Graduate

Associate

Qualified

Health

Property & Casualty

Python

Motor

Pricing

Excel

Marketing

About MillimanIndependent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.About Our PracticeMilliman’s Seattle Health Practice serves a wide variety of organizations, including insurance companies, health plans, state and federal agencies, healthcare providers, reinsurance companies, and employers. The staff consists of 100+ actuarial professionals in addition to Healthcare Management Consultants, IT, Administrative, and other non-actuarial staff.At Milliman, our mission is to serve our clients to protect the health and financial well-being of people everywhere. We believe we can accomplish this mission by adhering to our core values:<ul><li>Quality – Our advice, products and client service adhere to the highest standards of quality.</li><li>Integrity – We demonstrate integrity in all that we do. We are committed to honesty and professionalism in our interaction with our clients and fellow employees, including independent advice free of conflicts.</li><li>Opportunity – We are committed to providing our people opportunities to achieve their full potential, including opportunities to:</li><ul><li>Shape their own careers</li><li>Assist in developing the strategy of their practice</li><li>Pursue innovations to further Milliman’s mission in the marketplace</li></ul></ul>By joining Milliman, you be working with some of the most experienced, most capable people in the health industry. Through our mentor program, you will have a dedicated colleague available to help guide your career growth. For the right candidate, these opportunities will help you grow professionally while enjoying the work you do.Responsibilities<ul><li>Analyzing data and producing reports using spreadsheets and databases</li><li>Drafting written reports and other correspondence</li><li>Reviewing the work of others as part of Milliman's commitment to high-quality work</li><li>Assisting with research and marketing projects</li><li>Ambition and progress towards the completion of actuarial exams with the goal of attaining a Fellowship</li></ul>Experience/Education<ul><li>Bachelor’s degree in mathematics, statistics, actuarial science, economics, or a related field</li><li>College GPA of 3.3 or higher (3.5 or higher preferred)</li><li>Actuarial internship or other data analysis experience desirable, but not required</li></ul>Requirements<ul><li>Successful completion of one or more (1+) Society of Actuaries exams</li><li>Excellent communication skills, both written and oral</li><li>Working knowledge of Excel</li><li>Some knowledge of SAS, SQL, R, or Python</li></ul>In addition to the requirements listed above, we would like candidates that possess the following qualifications and skills:<ul><li>Willingness and aptitude for detail work</li><li>Strong organizational skills</li><li>Ability to work both independently and in team environments</li><li>Proficiency with Excel</li><li>Proven ability to work in a fast-paced environment where client satisfaction is key</li><li>Entrepreneurial spirit</li></ul>SalaryThe salary range is $76,000 to $90,000, depending on relevant factors, including but not limited to education, work experience, certifications, location, etc.Milliman Benefits (U.S. only)We offer competitive benefits which include the following based on plan eligibility:<ul><li>Medical, dental and vision coverage for employees and their dependents, including domestic partners</li><li>A 401(k) plan with matching program, and profit sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>A discretionary bonus program</li><li>Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue</li><li>15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked</li><li>Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period</li><li>A minimum of 8 paid holidays</li><li>Milliman covers 100% of the premiums for life insurance, AD&amp;D, and both short-term and long-term disability coverage</li><li>Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs</li></ul>

Join the exciting New Business Analytics team within the Personal Lines Economics State Tactics team, dedicated to driving profitable growth through state-specific new business strategies in the Personal Lines Auto/Homeowners’ lines. In this role, you will play a pivotal role in influencing pricing, underwriting, marketing, and capital strategy through timely and robust analyses and tailored guidance. You will be leading state-level new business indications reviews, guiding and evaluating underwriting initiatives, optimizing channel portfolio, and providing consultation on new program launch rate level. In addition, you will drive the development of innovative actuarial tools to identify untapped opportunities and guide our profitable growth strategy.**This position is able to be remote/hybrid.**Responsibilities:<ul><li>State level reviews of new business indications and adjustments.</li><li>Provide new program consultation and rate calibration, including by-coverage and by-peril recommendations.</li><li>Serve as a subject matter expert on NB strategy and provide guidance to state management partners.</li><li>Develop NB strategy based on profit positions, identify new opportunities, and propose tailored actions to achieve profitable growth in each individual market.</li><li>Understand life time value of a policy and provide state profit guidance to influence state level marketing spend.</li><li>Prepare actuarial research and complex reports and projects present findings and recommendations. </li><li>Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, and on cross functional teams. </li><li>Maintain clear and concise documentation of methods and activities. </li><li>Interact with and provide actuarial technical assistance and information to peers, senior managers, and others within and outside of the organization. </li><li>Mentor, motivate, and train less experienced staff and peers. </li><li>Direct the development of actuarial tools.</li><li>Experience with Personal Lines insurance preferred.</li></ul>Qualifications<ul><li>Bachelor’s degree required; Master’s degree preferred.</li><li>Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience.</li><li>Minimum 5-7 years relevant experience required.</li><li>Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.</li><li>Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.</li><li>Ability to motivate and mentor peers and motivate and train subordinates.</li><li>Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.</li></ul>

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