Consulting Actuary; FCAS; Atlantic Region P&C - Hybrid U.S

The Atlantic Region Property and Casualty 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 with 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 look 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 together 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 have assignments that are completed in partnership with other Milliman offices around the world.

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

In our practice, a Consulting Actuary is responsible for high-level peer review and project oversight, building and maintaining client relationships, and mentoring or managing less-experienced actuaries on the team. Our ideal hire for this role is someone who enjoys thinking critically to solve a client’s business problems; pairs strong technical skills with creativity; and is adept in independently managing their own workload.

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. Expertise in R is particularly relevant to this position.

Typical responsibilities in this role include:

• 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)
• Lead marketing opportunities including publications and presentations
• Oversee the execution of projects, whether ad hoc or longer-term
• Draft written reports and exhibits, and prepare other internal/external correspondence
• Present findings to peers, project managers, and client relationship managers
• Comply with internal quality control, risk management, and peer review guidelines
• 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

Professional Qualifications

• Fellowship in the Casualty Actuarial Society (FCAS), at the time of application
• Up to 10 years of professional actuarial fulltime work experience in pricing, reserving, predictive modeling, capital modeling, 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.
• Mastery of R for…