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Intern

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Health

Property & Casualty

Reserving

Risk

Python

Modelling

Data Science

Coding

Pricing

Consulting

Excel

Power BI

Tableau

Who We AreIndependent 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 (ERGs) 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 website to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact, and sustainability.Milliman’s Tri-State Region Property and Casualty practice (TRPC) provides a wide variety of actuarial consulting services to insurance carriers, reinsurers, and self-insureds including loss reserving, pricing, predictive modeling, and financial modeling.What You Will DoThe Senior Actuarial Analyst is responsible for performing various levels of analysis related to concurrent client projects, such as reviewing data in preparation for analysis, implementing technical analysis processes, checking data for errors and consistency, drafting reports, and maintaining documentation. In addition to tactical responsibilities, Analysts are given opportunities to present their findings to their peers and project managers. The Senior Actuarial Analyst will delegate some work to Analysts and mentor them to increase the team’s effectiveness. Work is shared across the practice, giving everyone the opportunity to build their skills and showcase their abilities.Our ideal hire for this role is someone who enjoys thinking critically to solve a client’s business problems; seeks out opportunities to increase their technical skills and to pair them with creativity; is adept in managing their own workload; and is committed to the actuarial exam process through the Casualty Actuarial Society.Responsibilities include:<ul><li>Understand, modify, and operate complex spreadsheets and database tools to analyze data and solve problems</li><li>Receive, organize, and review data in preparation for analysis and check the data for consistency</li><li>Present findings to peers, project managers and, in some cases, clients</li><li>Draft written reports and exhibits, and prepare other internal/external correspondence</li><li>Check their own and peers’ work for accuracy</li><li>Undertake research projects</li><li>Perform or assist with other duties assigned at the direction of Actuaries and Principals</li><li>Work on and manage multiple concurrent projects</li></ul>What We Are Looking ForProfessional Qualifications (required)<ul><li>Completed bachelor’s degree in actuarial science, mathematics, data science, statistics, or other quantitative major</li><li>Between 4 and 6 actuarial exams passed, pursuing ACAS credential</li><li>Between 4 and 6 years of professional actuarial experience</li><li>Prior P&amp;C reserving and/or pricing experience</li><li>Extensive use of Excel for data analysis</li><li>Proven technical skill in programming with R, Python, SQL and/or SAS</li></ul>Personal Qualifications<ul><li>Quick learner who takes initiative to dive deep and solve problems</li><li>Able to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects</li><li>Comfortable with informal leadership or mentorship of coworkers</li><li>“Big picture” thinking to help anticipate client needs</li><li>Superb attention to detail and technical accuracy</li><li>Motivated to work independently and as part of a team</li><li>Excellent written and oral communication skills, including the ability to express or explain complicated technical concepts to a variety of audiences, and respond to questions about methods or results</li></ul>Preferred Qualifications<ul><li>Experience with data visualization (e.g., PowerBI, Tableau)</li><li>Predictive modeling experience</li></ul>Milliman BenefitsAt 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:<ul><li>Medical, dental and vision coverage for employees and their dependents, including domestic partners</li><li>A 401(k) plan with matching program, and profit-sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>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</li><li>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</li><li>A minimum of 8 paid holidays</li><li>Milliman covers 100% of the premiums for life insurance, AD&amp;D, and both short-term and long-term disability coverage</li><li>Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs</li></ul>LocationThe expected application deadline for this job is May 1, 2024. This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations (New York, NY or Philadelphia, PA), if they prefer and dependent on the availability of office space.CompensationThe remote salary range, including locations in NY state but outside of New York City, is $70,000 to $146,000, and the New York City salary range is $91,000 to $146,000. Both ranges are dependent upon a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc.Equal OpportunityAll 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.

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.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.RoleThe Philadelphia Health Department of Milliman is seeking a candidate for an actuarial internship for the Summer of 2023. We are looking for an individual capable of database analysis, spreadsheet creation, and drafting correspondence with a keen eye to detail. The Intern would assist our Analysts and Consultants in their development, checking, and utilization of actuarial models to further completion of timely deliverables.This position provides an excellent entrance opportunity into actuarial analysis post-graduation with a concentration in the Health field.Qualifications<ul><li>Actively pursuing a Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics or a related field.</li><li>Planned graduation in 2025 or 2026</li><li>GPA 3.5 or above</li><li>Successfully completed one or more Society of Actuaries exams</li><li>Proficient in MS Excel; SAS and VBA programming knowledge a plus</li><li>Excellent written and verbal communication skills</li><li>Good attitude and strong work ethic required</li><li>Must be a scholarship winner from OLA, IABA, or MOS</li></ul>LocationThis will be a fully remote position.CompensationThe hourly range for this role is $19 to $36, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.Benefits<ul><li>When an intern, temporary, or seasonal employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan with matching program and profit sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason. Interns, Temporary, and Seasonal Employees will earn PTO each pay period, with an accrual rate of 1 hour for every 30 hours worked.</li></ul>Equal OpportunityAll 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.

Milliman’s Tri-State Region Property and Casualty practice (TRPC) provides a wide variety of actuarial consulting services to insurance carriers, reinsurers, and self-insureds including loss reserving, pricing, predictive modeling, and financial modeling.An Actuarial Analyst is responsible for performing various levels of analysis related to client work, such as reviewing data in preparation for analysis, checking data for errors and consistency, drafting reports, and maintaining documentation. In addition to tactical responsibilities, Analysts are given opportunities to present their findings to their peers, project managers, and client relationship managers. Work is shared across the practice, giving everyone opportunity to build their skills and showcase their abilities.Our ideal hire for this role is someone who enjoys thinking critically to solve a client’s business problems; pairs their strong technical skills with creativity; is adept in managing their own workload; and is committed to the actuarial exam process (preferably through the Casualty Actuarial Society).This person will also:<ul><li>Understand, modify, and operate complex spreadsheets and database tools to analyze data and solve problems</li><li>Receive, organize, and review data in preparation for analysis and checking the data for consistency</li><li>Present findings to peers, project managers, and client relationship managers</li><li>Draft written reports and exhibits, and prepare other internal/external correspondence</li><li>Check their own and peers’ work for accuracy</li><li>Undertake research projects</li><li>Perform or assist with other duties assigned at the direction of Actuaries and Principals</li></ul>Required Qualifications:<ul><li>Completed bachelor’s degree in actuarial science, mathematics, data science, statistics, or other quantitative major</li><li>One or more actuarial exams passed</li><li>Up to two years of professional actuarial experience, including one or more completed actuarial internships</li><li>Proven proficiency with Excel</li><li>Quick learner who takes initiative to dive deeper and solve problems</li><li>Able to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects</li><li>“Big picture” thinking to help anticipate client needs</li><li>Superb attention to detail and technical accuracy</li><li>Motivated to work independently and as part of a team</li><li>Excellent written and oral communication skills, including the ability to express or explain complicated technical concepts, to a variety of audiences</li></ul>Wish List:<ul><li>Prior P&amp;C reserving and/or pricing experience</li><li>Proven technical skill in programming with SAS, R, Python and/or SQL</li><li>Experience with data visualization (e.g. PowerBI, Tableau)</li><li>Predictive modeling experience or area of keen interest</li></ul>Location:This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations (New York City or Philadelphia), if they prefer.Compensation:The salary range for this role is $61,000 to $100,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.Milliman 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:<ul><li>Medical, dental and vision coverage for employees and their dependents, including domestic partners</li><li>A 401(k) plan with matching program, and profit-sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>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</li><li>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</li><li>A minimum of 8 paid holidays</li><li>Milliman covers 100% of the premiums for life insurance, AD&amp;D, and both short-term and long-term disability coverage</li><li>Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs</li></ul>Equal Opportunities: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.

Who We AreMilliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues—from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry.The TeamWithin a project team, consultants, managers, and analysts coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. Project managers work directly with analysts by reviewing work, answering questions, and developing client correspondence. Analysts are 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.Job Responsibilities<ul><li>Responsible for building relationships with clients, directing projects, and presenting results to the client and answering their questions.</li><li>Develop a successful client base through networking, writing articles, speaking engagements, and other marketing methods.</li><li>Help identify the issues clients are facing and the resources needed to solve problems.</li><li>Plan projects, identify project deliverables, meet deadlines, and ensure compliance with quality procedures.</li></ul>Minimum requirements<ul><li>Bachelor’s or master’s degree in a quantitative field</li><li>Fellow in the Society of Actuaries (FSA)</li><li>9+ years in health actuarial experience at a consulting firm or health insurance company is required</li><li>Thorough understanding of Microsoft Excel and actuarial concepts</li><li>Experience mentoring staff and managing projects</li></ul>Competencies and Behaviors that Support Success in this Role<ul><li>Experience with Medicare Part D plan sponsor, including bid preparation and financial analysis</li><li>Experience interacting with pharmaceutical manufacturers and or pharmacy chains</li><li>Experience with analysis of CMS 100% Research Identifiable Files (RIF)</li><li>Strong time management skills, ability to work independently and with a team, and organizational expertise</li><li>Client focused and results oriented</li><li>Strong communication skills (both verbal and written), and analytical thinking skills to evaluate analyses for communication to clients</li><li>Self-motivated, creative, and resourceful</li><li>National PDP experience</li><li>Expertise in Medicare Part D pharmacy network and rebate contracting analytics and negotiations</li></ul>Salary:For this position, we are offering $140,000 to $230,000 annually, depending on relevant factors, including but not limited to education, work experience, certifications, location, etc.Location: It is preferred that candidates work on-site at our Chicago, IL, Milwaukee, WI, or Hartford, CT office. Remote candidates will be considered.Milliman BenefitsWe offer competitive benefits which include the following based on plan eligibility:<ul><li>Medical, dental and vision coverage for employees and their dependents, including domestic partners</li><li>A 401(k) plan with matching program, and profit sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>A discretionary bonus program</li><li>Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue</li><li>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</li><li>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</li><li>A minimum of 8 paid holidays</li><li>Milliman covers 100% of the premiums for life insurance, AD&amp;D, and both short-term and long-term disability coverage</li><li>Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs</li></ul>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.

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