Actuarial Analyst - Property and Casualty - Remote U.S

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Milliman’s New York Property and Casualty practice (NYPC) provides a wide variety of actuarial consulting services to insurance carriers, reinsurers, and self-insureds including loss reserving, pricing, and predictive modeling.

In this practice, an Actuarial Analyst is responsible for performing various levels of analysis related to client work, such as reviewing data in preparation for analysis, checking data for errors and consistency, drafting reports, and maintaining documentation. This is a tremendous career opportunity for an early career actuary with pricing experience to take on direct responsibility for client work.

In addition to tactical responsibilities, Analysts are given opportunities to present their findings to their peers, project managers, and client relationship managers. Work is shared across the practice, giving everyone the opportunity to build their skills and showcase their abilities, and take on increasing responsibilities over time.

Our ideal hire for this role is someone who enjoys thinking critically to solve a client’s business problems; pairs their strong technical skills with creativity; is adept in independently managing their own workload; and is committed to the actuarial exam process through the Casualty Actuarial Society.

• Understand, modify, and operate complex spreadsheets and database tools to analyze data and solve problems
• Receive, reconcile, manipulate, and analyze data using programming languages such as R and SQL
• Check data for consistency
• Develop and use actuarial models
• Present findings to peers, project managers, and client relationship managers
• Draft written reports and exhibits, and prepare other internal/external correspondence
• Check their own and peers’ work for accuracy
• Undertake research projects
• Perform or assist with other duties assigned at the direction of Actuaries and Principals

• Completed bachelor’s degree (at time of application) in actuarial science, mathematics, data science, statistics, or other quantitative major
• Two or more actuarial exams passed (at time of application)
• Between one and four years of professional actuarial experience, which can include internship experience, to ideally include:
  • Experience supporting commercial lines pricing and product development, including rate indications, rating plan development, loss cost multiplier (LCM) estimation, experience rating studies, competitor filing review or related pricing projects
  • Familiarity with ISO loss costs, rating plans, increased limit factors (ILFs), size-of-risk curves, and other commercial lines pricing concepts; familiarity with regulatory rate filing processes is also strongly preferred.
• Strong technical skill in Excel
• Experience managing data and automating complex data manipulation tasks in R (preferred), SQL, SAS or other programming languages

• Available to start within 2-4 weeks of offer acceptance (this is an immediate hire)
• Quick learner who takes initiative to dive deeper and solve problems
• Able to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects
• "Big picture"…