Actuarial Analyst (Milwaukee Casualty)

Exciting full-time opportunities!
Join our Milwaukee Casualty Practice!
Milliman’s Casualty practice is seeking an Actuarial Analyst to join their vibrant, dynamic, and growing practice in their Brookfield, WI office. The successful candidate will assist on a variety of projects relating to property and casualty insurance, including loss reserving, pricing, product development, and predictive modeling for a diverse client base. Working in a team environment, this role entails creative problem-solving using spreadsheets, databases, and other resources to analyze data and information.
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 data analytics and risk management, retirement funding and healthcare financing, and regulatory compliance and business transformation.
Job Responsibilities

• Perform data analysis using Excel, VBA, SAS, R, Python, and proprietary Milliman programs to assist with consulting for various property and casualty insurance work areas (Professional Liability, Workers Compensation, Personal Auto, Homeowners, Mortgage Credit Risk, and more)
• Participate in consulting activities that include pricing, loss reserving, predictive modeling, product development, financial projections, and mergers and acquisitions
• Responsible for reviewing the work of peers and assisting with research projects and business development
• Coordinate with Consultants and other Analysts as a project team to deliver client reports and deliverables
• Responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions

Minimum Requirements

• Bachelor’s or master’s degree in actuarial science, mathematics, or another major with quantitative course work
• At least two actuarial exams passed
• Thorough understanding of Microsoft Excel and actuarial concepts

Competencies and Behaviors that Support Success in this Role

• Ability to work independently and in a team environment
• Experience working with R, SAS, VBA, or other coding languages
• Strong communication skills (both verbal and written)
• Demonstrates integrity in all functions of work
• Ability to complete project-related tasks, meet deadlines, and comply with quality control procedures
• Ambition and excitement for professional development within the actuarial field
• Analytical thinking skills to evaluate analyses for downstream impact
• Client focused ad results oriented
• Strong time management skills

The Team
Milliman is one of the leading experts in property and casualty insurance matters. We advise clients on a wide range of issues – from estimating loss reserves to developing rating plans and evaluating mortgage collateral for government agencies, mortgage lenders, and investors. Our consulting work is supported by a powerful toolkit of data analytics solutions.
Through a team of professionals ranging from actuaries to economists, technology specialists to claim specialists, we offer unparalleled expertise in property and casualty insurance, as well as employee benefits, investment consulting, healthcare, life insurance, and financial services.
Salary: The salary range is $61,000 to $94,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc.
Location: This position will be based out of the Milliman office in Brookfield, WI
Application: To be considered for this role, please upload an updated resume in PDF format.
Benefits
At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• A 401(k) plan with matching program, and profit sharing contribution
• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• A minimum of 8 paid holidays
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs
• A discretionary bonus program
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• Employee Assistance Program (EAP)

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.