Actuarial Analyst Annuity

Position: Actuarial Analyst (Life & Annuity)
Position Summary The Actuarial Analyst will support client project work by producing high-quality actuarial analyses and financial modeling deliverables under the direction of a Principal, Consulting Actuary, or Consultant. This role is designed for experienced analysts (2–4 years of relevant experience) who are near attainment of the Associate of the Society of Actuaries (ASA) designation and intend to pursue Fellowship of the Society of Actuaries (FSA) credentials.

The Team We are a global actuarial consulting practice working with clients across North America, South America, Asia, and other international markets. Our work spans a broad range of actuarial and financial topics, including:

Financial planning and forecasting

Mergers and acquisitions

Embedded value and economic capital

Risk management and stochastic modeling

Asset-liability management (ALM)
Principles-based valuation

Product pricing

Statutory, GAAP, and international valuation

This role offers variety, technical challenge, international exposure, and strong opportunities for professional growth and advancement.

Location This role is based out of the Milliman office in Seattle, WA.

Key Responsibilities Perform actuarial analyses and modeling to support client engagements, including asset modeling, cash flow testing, financial projections, and reporting.

Build, enhance, and maintain actuarial and financial models used for valuation, forecasting, pricing, and risk management.

Produce clear, well-documented, and accurate work products that meet internal quality standards and client expectations.

Assist with statutory, GAAP, and international reporting requirements, including Bermuda-specific reporting where applicable.

Communicate analytical results and methodology to project team members and, as appropriate, participate in client meetings or calls under supervision.

Work with senior actuaries to support business development activities, including research, model development, and proposal support.

Balance multiple projects and deadlines in a fast-paced consulting environment.

Occasional domestic and international travel for client work or business development activities.

Required Qualifications Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field.
2–4 years of relevant actuarial experience.

Progress toward ASA designation; intent to pursue FSA.Hands-on experience with:

Life and annuity insurance productsU.S. and/or Bermuda reporting

Actuarial pricing and projection systems, particularly MG-ALFA® or similar software AI related work or research

Strong technical and analytical skills with the ability to produce accurate, well-documented work.

Technical Skills Advanced proficiency in Microsoft Excel.

Experience of one or more of the following:
Access, SAS, SQL, Python, R, and/or Excel VBA.

Experience with Integrate / MG-ALFA® or similar actuarial systems (required).

Experience with Tableau and/or Power BI (preferred).

Experience with AI tools

Preferred Qualifications

Experience with international or Bermuda regulatory reporting.

Experience supporting complex financial models in a consulting environment.

Prior exposure to stochastic modeling, ALM, or valuation frameworks.

Professional Competencies Team Player:
Collaborates effectively with colleagues across project teams.

Detail-Oriented:
Demonstrates strong attention to accuracy, documentation, and quality control.

Enthusiastic Learner:
Shows curiosity and engagement in solving complex problems.

Growth-Minded:
Motivated by opportunities to take on increasing responsibility and advance professionally.

Communication

Skills:

Strong written and verbal communication skills, with the ability to clearly explain technical concepts.

Travel Requirement Willingness to…