Actuarial Analyst - EB Consulting

The Employee Benefits (EB) Consulting Practice offers excellent retirement, health, compensation, and investment consulting services to our clients. We are seeking an analytical and detail-oriented Actuarial Analyst to support our defined benefit pension & OPEB clients. As an Actuarial Analyst, your primary responsibilities include conducting funding and accounting valuations, processing census data, and calculating liabilities using Pro Val. You may also prepare government filings, perform benefit calculations, prepare benefit statements, and assist with zone certifications.

You will work closely with your team and other internal teams, with limited client interaction, while learning and applying foundational actuarial skills. If you are proactive, organized, and eager to grow in the employee benefits field, we encourage you to apply—including recent graduates and students graduating in May 2026.

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 Social Impact | Milliman | Worldwide to learn more about Milliman’s commitments to our people, inclusion, and sustainability.

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.

This entry level position provides support and assistance to actuarial consultants. You will perform actuarial tasks to support defined benefit pension and OPEB plans, including funding and accounting valuations, census data processing, and liability calculations using Pro Val. You will prepare benefit statements, government filings, and assist with zone certifications as needed. You will ensure your work is accurate, well‑documented, and completed on time while following established processes and compliance requirements.

In this role, you will collaborate with your team, apply foundational actuarial skills, and communicate effectively about project status and deadlines.

• Perform actuarial valuations for pension and OPEB plans, including census data processing and liability calculations using Pro Val.
• Prepare and review government filings, benefit statements, and assist with zone certifications as needed.
• Ensure accurate and timely delivery of work products, following established processes and documentation standards.
• Initiate peer review and comply with document and email retention policies.
• Monitor and communicate regulatory changes to maintain plan compliance.
• Track time spent on projects and communicate budget needs proactively.

We are seeking a detail‑oriented and organized individual with a bachelor’s degree in mathematics, actuarial science, or a related field. The ideal candidate will have strong Excel skills, a willingness to learn actuarial concepts, and the ability to work efficiently within established processes. Effective communication, teamwork, and a commitment to meeting deadlines and compliance standards are essential for success in this role.

Experience with Pro Val and prior actuarial work is a plus. We encourage recent graduates and students graduating by May 2026 to apply.

• Bachelor’s degree in actuarial science, mathematics, statistics, or a related field preferred (or nearing completion in May…