Actuarial Analyst - Atlantic Region Property and Casualty (remote or hybrid)
Milliman, South Burlington, VT, United States
Who We Are
Independent 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. Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability: https://www.milliman.com/en/socialimpact. The Atlantic Region Property and Casualty (P&C) practice, with locations in Boston MA and Burlington VT, provides actuarial consulting services on a range of projects across the insurance, reinsurance, insurance‑linked securities (ILS) and alternative‑risk markets. We work on a diverse set of clients including self‑insured corporations, commercial insurance companies, governmental agencies, risk pools and financial investors. Using a variety of Milliman products and practice‑built tools, we aim to establish and develop the cutting edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnership and advice to advance the financial well‑being of people everywhere.
The team is a focused and tight‑knit group working across multiple locations. Team members work on a range of client projects of various sizes, and we employ a highly integrated project structure that encourages interaction across all members of the team, from Analysts to the Principals who serve as client leads. While most of our team’s time is spent working with members of the practice, we also complete assignments in partnership with other Milliman offices worldwide. We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work in developing market areas, and are committed to developing a pipeline of actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.
What You Will Do On a day‑to‑day basis, an experienced Actuarial Analyst will work autonomously and with project team members to execute key analyses for ongoing projects. Building upon two or more years of professional actuarial experience, this Analyst will be expected to produce high‑quality work and, on occasion, delegate tasks to junior team members. Much of this person’s work will involve complex data manipulation and summarization in Excel, but supplemental programming, statistical and database skills are highly valued and will open up additional opportunities for impactful client assignments and advancement. Our ideal Actuarial Analyst demonstrates professionalism and strong communication skills in all internal and external interaction, with a strong work ethic and intrinsic motivation, especially when working remotely. An up-and-coming actuary who enjoys the technical aspect of the field as well as presenting results and recommendations will thrive in this role. Actuaries in this practice are expected to pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and are provided time and monetary resources to support this pursuit.
Typical Responsibilities In This Role Include
Oversee the execution of projects, whether ad hoc or longer‑term
Write reports and support client communication
Direct interaction with client and/or client’s other vendor partners (e.g., broker, captive manager, auditor)
Direct, train and provide guidance to Actuarial Analysts (e.g. data cleaning, checking)
Comply with internal quality control, risk management, and peer review guidelines
Participate in marketing opportunities including publications and presentations
Present findings to peers, project managers and client relationship managers
Draft written reports and exhibits, and prepare other internal/external correspondence
Check own and peers’ work for accuracy in the mechanics as well as the methodology
Write detailed documentation to keep track of how data is compiled for specific projects
Implement process improvements to produce better results
Perform or assist with other duties assigned at the direction of practice Principals
What We Are Looking For
A minimum of three actuarial exams passed at the time of application, and in pursuit of an Associate credential from the Casualty Actuarial Society
Between two and ten years of professional actuarial full‑time work experience in pricing, reserving, predictive modelling, capital modelling, enterprise risk management and/or reinsurance‑related actuarial topics for North American and/or European companies
Completed Bachelor’s degree or higher at the time of application, including quantitative coursework in actuarial science, mathematics, statistics, etc.
Substantial expertise with MS Excel and Word
If you have already attained your ACAS credential, and have up to 10 years of professional experience, please apply instead to posting # ASSOC010157 .
Individual(s) must be legally authorized to work in the United States without the need for any immigration support or sponsorship from Milliman now or in the future. Personal Qualifications
Strong critical thinking, technical and analytical skills
Superb attention to detail and dedication to technical accuracy
The ability to work collaboratively and organise various client needs simultaneously across multiple concurrent projects
Accustomed to working in a fast‑paced environment, willing to put in extra effort when required by our clients
The ability and willingness to clearly articulate questions and ideas
Clearly demonstrated leadership and creative thinking abilities
Intellectual curiosity about the topics of risk, Milliman and the work of our practice
Enthusiasm for producing high‑quality, professional work with accuracy and integrity
Inspired to contribute to the success of a project and succeed as a team
Self‑starter, with excellent time‑management skills including collaboration across time zones
Preferred Qualifications
Four or more passed actuarial exams
Expertise with statistical and modelling tools such as R, @Risk, VBA, Python, SAS, STATA, etc.
Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
Location This is a hybrid position for candidates with under five years of relevant full‑time actuarial experience, based out of either the Milliman Boston office (Wakefield, MA) or Vermont office (Burlington, VT). Candidates with five or more years of relevant full‑time actuarial experience who are not local to one of these two locations may apply for remote work. Additional periodic travel may be required nationwide for meetings, conferences and team events (up to 20 %). The expected application deadline for this job is April 30, 2026.
Compensation The overall salary range for this role is $67,600 – $152,605. A combination of factors will be considered, including, but not limited to: education, relevant work experience, qualifications, skills, certifications, etc.
For Candidates Residing In
Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington or the District of Columbia: $77,740 – $136,160 if overall experience is more than two but less than four years; and $87,170 – $152,605 if overall experience is more than four but less than seven years.
All other states: $67,600 – $118,400 if overall experience is more than two but less than four years; and $75,800 – $132,700 if overall experience is more than four but less than seven years.
Benefits We offer a comprehensive benefits package designed to support employees’ health, financial security and well‑being. Benefits include:
Medical, Dental and Vision – Coverage for employees, dependents and domestic partners.
Employee Assistance Program (EAP) – Confidential support for personal and work‑related challenges.
401(k) Plan – Includes a company matching program and profit‑sharing contributions.
Discretionary Bonus Program – Recognizing employee contributions.
Flexible Spending Accounts (FSA) – Pre‑tax savings for dependent care, transportation and eligible medical expenses.
Paid Time Off (PTO) – Begins accruing on the first day of work. Full‑time employees accrue 15 days per year, and employees working less than full‑time accrue PTO on a prorated basis.
Holidays – A minimum of 10 paid holidays per year.
Family Building Benefits – Includes adoption and fertility assistance.
Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria.
Life Insurance & AD&DD – 100% of premiums covered by Milliman.
Short‑Term and Long‑Term Disability – Fully paid by Milliman.
Equal Opportunity All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability or status as a protected veteran.
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What You Will Do On a day‑to‑day basis, an experienced Actuarial Analyst will work autonomously and with project team members to execute key analyses for ongoing projects. Building upon two or more years of professional actuarial experience, this Analyst will be expected to produce high‑quality work and, on occasion, delegate tasks to junior team members. Much of this person’s work will involve complex data manipulation and summarization in Excel, but supplemental programming, statistical and database skills are highly valued and will open up additional opportunities for impactful client assignments and advancement. Our ideal Actuarial Analyst demonstrates professionalism and strong communication skills in all internal and external interaction, with a strong work ethic and intrinsic motivation, especially when working remotely. An up-and-coming actuary who enjoys the technical aspect of the field as well as presenting results and recommendations will thrive in this role. Actuaries in this practice are expected to pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and are provided time and monetary resources to support this pursuit.
Typical Responsibilities In This Role Include
Oversee the execution of projects, whether ad hoc or longer‑term
Write reports and support client communication
Direct interaction with client and/or client’s other vendor partners (e.g., broker, captive manager, auditor)
Direct, train and provide guidance to Actuarial Analysts (e.g. data cleaning, checking)
Comply with internal quality control, risk management, and peer review guidelines
Participate in marketing opportunities including publications and presentations
Present findings to peers, project managers and client relationship managers
Draft written reports and exhibits, and prepare other internal/external correspondence
Check own and peers’ work for accuracy in the mechanics as well as the methodology
Write detailed documentation to keep track of how data is compiled for specific projects
Implement process improvements to produce better results
Perform or assist with other duties assigned at the direction of practice Principals
What We Are Looking For
A minimum of three actuarial exams passed at the time of application, and in pursuit of an Associate credential from the Casualty Actuarial Society
Between two and ten years of professional actuarial full‑time work experience in pricing, reserving, predictive modelling, capital modelling, enterprise risk management and/or reinsurance‑related actuarial topics for North American and/or European companies
Completed Bachelor’s degree or higher at the time of application, including quantitative coursework in actuarial science, mathematics, statistics, etc.
Substantial expertise with MS Excel and Word
If you have already attained your ACAS credential, and have up to 10 years of professional experience, please apply instead to posting # ASSOC010157 .
Individual(s) must be legally authorized to work in the United States without the need for any immigration support or sponsorship from Milliman now or in the future. Personal Qualifications
Strong critical thinking, technical and analytical skills
Superb attention to detail and dedication to technical accuracy
The ability to work collaboratively and organise various client needs simultaneously across multiple concurrent projects
Accustomed to working in a fast‑paced environment, willing to put in extra effort when required by our clients
The ability and willingness to clearly articulate questions and ideas
Clearly demonstrated leadership and creative thinking abilities
Intellectual curiosity about the topics of risk, Milliman and the work of our practice
Enthusiasm for producing high‑quality, professional work with accuracy and integrity
Inspired to contribute to the success of a project and succeed as a team
Self‑starter, with excellent time‑management skills including collaboration across time zones
Preferred Qualifications
Four or more passed actuarial exams
Expertise with statistical and modelling tools such as R, @Risk, VBA, Python, SAS, STATA, etc.
Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
Location This is a hybrid position for candidates with under five years of relevant full‑time actuarial experience, based out of either the Milliman Boston office (Wakefield, MA) or Vermont office (Burlington, VT). Candidates with five or more years of relevant full‑time actuarial experience who are not local to one of these two locations may apply for remote work. Additional periodic travel may be required nationwide for meetings, conferences and team events (up to 20 %). The expected application deadline for this job is April 30, 2026.
Compensation The overall salary range for this role is $67,600 – $152,605. A combination of factors will be considered, including, but not limited to: education, relevant work experience, qualifications, skills, certifications, etc.
For Candidates Residing In
Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington or the District of Columbia: $77,740 – $136,160 if overall experience is more than two but less than four years; and $87,170 – $152,605 if overall experience is more than four but less than seven years.
All other states: $67,600 – $118,400 if overall experience is more than two but less than four years; and $75,800 – $132,700 if overall experience is more than four but less than seven years.
Benefits We offer a comprehensive benefits package designed to support employees’ health, financial security and well‑being. Benefits include:
Medical, Dental and Vision – Coverage for employees, dependents and domestic partners.
Employee Assistance Program (EAP) – Confidential support for personal and work‑related challenges.
401(k) Plan – Includes a company matching program and profit‑sharing contributions.
Discretionary Bonus Program – Recognizing employee contributions.
Flexible Spending Accounts (FSA) – Pre‑tax savings for dependent care, transportation and eligible medical expenses.
Paid Time Off (PTO) – Begins accruing on the first day of work. Full‑time employees accrue 15 days per year, and employees working less than full‑time accrue PTO on a prorated basis.
Holidays – A minimum of 10 paid holidays per year.
Family Building Benefits – Includes adoption and fertility assistance.
Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria.
Life Insurance & AD&DD – 100% of premiums covered by Milliman.
Short‑Term and Long‑Term Disability – Fully paid by Milliman.
Equal Opportunity All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability or status as a protected veteran.
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