Milliman

Associate Actuary – New York Property and Casualty

Milliman

full-time

Posted on:

Location Type: Remote

Location: New YorkUnited States

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Salary

💰 $88,800 - $208,380 per year

Tech Stack

About the role

  • Responsible for core actuarial consulting work, including reserving and pricing engagements, with reserving as the primary focus.
  • Perform reserve reviews, pricing analyses, developing predictive models for a range of applications, and evaluating clients’ reserving and modeling approaches to identify opportunities for methodological enhancement.
  • Requires predictive modeling expertise and strong programming skills (preferably in R).
  • Understand, modify, and operate complex spreadsheets and database tools to analyze data and solve problems.
  • Receive, reconcile, manipulate, and analyze data using programming languages such as R and SQL.
  • Check data for consistency.
  • Develop and use actuarial models.
  • Present findings to peers, project managers, and client relationship managers.
  • Draft written reports and exhibits, and prepare other internal/external correspondence.
  • Check their own and peers’ work for accuracy.
  • Undertake research projects.
  • Perform or assist with other duties assigned at the direction of Actuaries and Principals.

Requirements

  • Completed bachelor’s degree (at time of application) in actuarial science, mathematics, data science, statistics, or other quantitative major.
  • Associate credential attained (at time of application) from the Casualty Actuarial Society (ACAS) and in pursuit of Fellow credential.
  • Between five and twenty years of professional actuarial experience, including substantial reserving experience and meaningful predictive modeling experience, preferably within a commercial insurance or reinsurance environment.
  • Strong knowledge of traditional actuarial and predictive modeling methodologies (e.g., generalized linear models), along with familiarity with advanced techniques such as regularized regression, GAMs, GLMMs, tree-based methods, and Bayesian approaches.
  • Strong technical and programming skills, with the ability to manage data and automate complex data processes in R (preferred), SAS, SQL, or other programming languages.
  • Individual(s) must be legally authorized to work in the United States without the need for any immigration support or sponsorship from Milliman now or in the future.
Benefits
  • 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 – Up to 12 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
predictive modelingprogramming in Rprogramming in SQLactuarial modelingdata analysisdata manipulationgeneralized linear modelsregularized regressionGAMsBayesian approaches
Soft Skills
communicationproblem-solvingattention to detailresearchcollaborationpresentation skillsaccuracy checkingreport writing
Certifications
ACASFellow credential