Jobs · Massachusetts

Actuarial Analyst - Atlantic Region Property and Casualty - Hybrid U.S.

Milliman · Wakefield, MA · 3 mo ago
Hybrid$60k–$122k/yrFull-time

About the role

Milliman’s Atlantic Region Property and Casualty (P&C) practice, with office 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 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 practice 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.

Responsibilities

  • Work autonomously and with project members to execute key analyses for ongoing projects.
  • Produce high-quality analytical work involving complex data manipulation and summarization in Excel.
  • Supplemental programming, statistical, and database skills are valued and can open up additional impactful client assignments and advancement opportunities.
  • Show professionalism and strong communication skills in all internal and external interactions.
  • Demonstrate a strong work ethic and intrinsic motivation.
  • Enjoy the technical aspect of the field as well as presenting results and recommendations.
  • Pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and are provided time and monetary resources to support this pursuit.

Requirements

  • A minimum of two actuarial exams passed at the time of application, and in pursuit of an Associate credential from the Casualty Actuarial Society.
  • Up to two 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.
  • Proven proficiency with Excel and Word.
  • Expertise with statistical and modeling tools such as R, Python, @Risk, VBA, SAS, STATA, etc.
  • Working knowledge of supplemental database and professional working tools such as Access and PowerPoint.

Qualifications

  • Strong critical thinking, technical, and analytical skills.
  • Superb attention to detail and dedication to technical accuracy.
  • The ability to work collaboratively and organize various client needs simultaneously across multiple concurrent projects.
  • Able to work in a fast-paced environment, willing to put in extra effort when required by our clients.
  • The ability and willingness to clearly articulate questions and ideas.
  • Clearly demonstrated leadership and creative thinking abilities.
  • Intellectual curiosity about the topics of risk, Milliman, and the work of our practice.
  • Enthusiasm for producing high-quality, professional work with accuracy and integrity.
  • Willing to contribute to the success of a project and succeed as a team.
  • A self-starter, with excellent time management skills including collaboration across time zones.

Skills

  • Expertise with statistical and modeling tools such as R, Python, @Risk, VBA, SAS, STATA, etc.
  • Working knowledge of supplemental database and professional working tools such as Access and PowerPoint.

Benefits

We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include:

  • Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
  • Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
  • 401(k) Plan – Includes a company matching program and profit-sharing contributions.
  • Discretionary Bonus Program – Recognizing employee contributions.
  • Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
  • Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
  • Holidays – A minimum of 10 paid holidays per year.
  • Family Building Benefits – Includes adoption and fertility assistance.
  • Paid Parental Leave – 11 weeks of paid leave for employees who meet eligibility criteria.
  • Life Insurance & AD&D – 100% of premiums covered by Milliman.
  • Short-Term and Long-Term Disability – Fully paid by Milliman.

Pay

The overall salary range for this role is $60,300 - $121,555. For candidates residing in: Massachusetts the salary range is $69,345 - $121,555. Vermont the salary range is $60,200 - $105,700. A combination of factors will be considered, including, but not limited to: education (including passed actuarial exams), relevant work experience, qualifications, skills, certifications, etc.

Schedule

This is a hybrid position based out of either the Milliman Boston office (Wakefield, MA) or Vermont office (Burlington, VT). Candidates hired for this role must be willing to work in-person three days per week, ongoing. Additional travel may be required nationwide for meetings, conferences, and team events.

Application Deadline

The expected application deadline for this job is September 30, 2026.

About Milliman

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.

Equal Opportunity

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

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