Milliman

Actuarial Analyst – Life & Annuity

Milliman

full-time

Posted on:

Location Type: Remote

Location: WashingtonUnited States

Visit company website

Explore more

AI Apply
Apply

Salary

💰 $75,800 - $152,605 per year

About the role

  • Perform actuarial analyses and modeling to support client engagements, including asset modeling, cash flow testing, financial projections, and reporting.
  • Build, enhance, and maintain actuarial and financial models used for valuation, forecasting, pricing, and risk management.
  • Produce clear, well-documented, and accurate work products that meet internal quality standards and client expectations.
  • Assist with statutory, GAAP, and international reporting requirements, including Bermuda-specific reporting where applicable.
  • Communicate analytical results and methodology to project team members and, as appropriate, participate in client meetings or calls under supervision.
  • Work with senior actuaries to support business development activities, including research, model development, and proposal support.
  • Balance multiple projects and deadlines in a fast-paced consulting environment.
  • Occasional domestic and international travel for client work or business development activities.

Requirements

  • Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field.
  • 4–6 years of relevant actuarial experience.
  • Progress toward ASA designation; intent to pursue FSA.
  • Hands-on experience with: Cash flow testing (including AG55), Asset modeling, Bermuda reporting, Life and annuity insurance products, Actuarial pricing and projection systems, particularly MG-ALFA® or similar software.
  • Strong technical and analytical skills with the ability to produce accurate, well-documented work.
  • Advanced proficiency in Microsoft Excel.
  • Experience of one or more of the following: Access, SAS, SQL, Python, R, and/or Excel VBA.
  • Experience with Integrate / MG-ALFA® or similar actuarial systems (required).
  • Experience with Tableau and/or Power BI (preferred).
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
actuarial analysismodelingcash flow testingfinancial projectionsvaluationforecastingrisk managementactuarial pricingstatutory reportingGAAP
Soft Skills
communicationanalytical skillsattention to detailtime managementteam collaboration
Certifications
Bachelor’s degreeASA designationFSA intent