Actuary

• Assess, prioritize, influence and communicate strategic initiative options to senior leaders.
• Demonstrate effective execution and completion of assigned strategic initiatives and projects.
• Generate and advocate for process improvements and actively propel innovation in alignment with existing strategy.
• Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
• Drive day to day execution within unit.
• Promote efficiency across primary working group, balancing additional effort against incremental lift gained from work.
• Make decisions independently in accordance with department practices.
• Consistently provide direction and review others' analytical work.
• Communicate on a regular basis with staff, peers and business partners and on an occasional basis with senior leaders.
• Tailor communication of analysis, project results, and other business initiatives to audience.
• Staff responsibilities are likely to include direct management of a small team of individual contributors.
• Execute and communicate talent development processes, including performance and personal development goals.

Senior Director, Actuarial & Analytics – Cross-Line Initiatives

• Support the identification, assessment, and management of model risk across the organization
• Ensure that models and assumptions used for pricing, reserving, capital, and risk management are appropriately governed, documented, challenged, approved, monitored, and reviewed
• Maintain and administer the company’s model governance and assumption governance frameworks in alignment with regulatory requirements and industry best practices
• Identify, assess, monitor and report on model risk within the company’s enterprise risk management framework
• Perform independent validations of actuarial and financial models
• Lead the annual review of model risk rating classifications
• Collaborate with actuarial, finance, underwriting, and risk teams to embed model risk awareness

Model Risk Actuary

• Perform detailed actuarial and financial analyses to evaluate the impact of various data and discount methodologies on UDS submissions.
• Conduct both ad hoc and recurring studies of discount impact and reporting approaches to support strategic decision-making and maximize competitive positioning within the market.
• Provide insights and recommendations on data submission strategies based on changing market dynamics, regulatory requirements, and competitor practices.
• Partner with Data Science, Underwriting, Product, and business stakeholders to translate program outcomes, ROI studies, and engagement metrics into measurable and achievable guarantee structures.
• Develop performance targets, payout methodologies, and guarantee frameworks that appropriately balance market competitiveness and financial risk.
• Own and maintain the Medical Management savings modeling tools used by Underwriting and Product teams.

Senior Manager, Actuarial – Self Insured Discount Team

• Build and deploy tools using Generative AI and advanced analytics to automate pricing workflows and improve analytical insight.
• Perform statewide and segmented actuarial pricing indications for homeowners insurance products, ensuring rate adequacy and sound risk segmentation.
• Develop and enhance pricing methodologies by incorporating loss trends, expense assumptions, reinsurance costs, and catastrophe modeling outputs.
• Reconcile actuarial indications with financial performance and business objectives in partnership with actuarial leadership.
• Prepare actuarial support for rate filings, including exhibits, documentation, and responses to regulatory inquiries.
• Partner with insurance product teams to support rate changes, pricing reviews, and state expansion initiatives.
• Lead class plan builds and pricing support for new state launches and product expansions.
• Pull, clean, and validate data for CAT modeling; run catastrophe models and analyze results to inform ratemaking decisions.
• Collaborate with technology and data teams to improve data quality, automate analyses, and modernize pricing pipelines.
• Monitor regulatory developments, market trends, catastrophe activity, and structural changes that impact pricing strategy.

Senior Pricing Actuary

• Collaborate with business partners (e.g., Claims, Underwriting, Product) to support pricing, filings, and profitability work; ask questions to understand how assigned work ties to business priorities
• Support actuarial analyses for assigned lines (e.g., workers’ compensation and/or commercial auto), including data preparation, basic rate level indication support, trend summaries, and segmentation studies.
• Support rate and regulatory filings by assembling exhibits, summaries, and supporting documentation; ensure results tie out and are review-ready
• Use actuarial techniques and available tools (e.g., Excel, data extraction/query tools, internal systems) to extract, validate, manipulate, and analyze data, with hands-on support and review
• Complete assigned tasks accurately within established timelines; communicate questions, issues, or delays early
• Maintain clear documentation and workpapers so another analyst can understand, recreate, and review the work product
• Perform peer review of other assistant/analyst work as assigned, focusing on basic checks (reasonableness, tie-outs, completeness, and documentation)
• Participate actively in team and department meetings by asking questions, sharing observations, and providing status updates as needed
• Pursue ongoing professional development through consistent progress toward actuarial exams

Actuarial Assistant – Analyst

• Lead quarterly and annual reserve analyses for multiple P&C lines of business.
• Evaluate reserve adequacy and analyze loss development trends.
• Prepare reserve recommendations and support statutory and management reporting.
• Collaborate with external actuaries on reserve studies, actuarial reviews, and reporting requirements.
• Partner with Claims, Underwriting, and Finance teams to identify emerging trends and assess business impacts.
• Maintain and enhance reserving models, methodologies, and supporting documentation.
• Train and mentor Financial Analysts on actuarial reserving techniques and best practices.
• Support audits, regulatory reviews, and actuarial reporting requirements.
• Identify opportunities for process improvement and automation within the reserving function.

Manager – Actuarial Reserving

• Lead routine client engagements managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement
• Review data analyses conducted by junior staff to ensure actuarial soundness
• Perform and review complex analyses and cost projections using Excel, SAS, and other software
• Draft and review client reports or presentations to summarize findings and recommend strategies or solutions

Senior Health Actuary Consultant

• The Philadelphia Health Practice of Milliman is seeking an intern for an actuarial internship during the Summer of 2027.
• Assist our Analysts and Consultants in their development, checking, and utilization of actuarial models.
• Complete timely deliverables.
• Excellent entrance opportunity into actuarial analysis post-graduation with a concentration in the Health field.

Actuarial Intern – Summer 2027, Philadelphia

• Supports loss-rated and loss-sensitive casualty business across Commercial, including workers compensation, general liability, and commercial auto.
• Ensures guidance provided through various pricing and underwriting tools align with pricing review.
• Develops loss picks and technical premium for individual large accounts.
• Prices closeouts as requested.
• Monitors and improves usage of loss rating tool.
• Performs the annual profitability review and other portfolio-level analyses as needed.
• Interacts closely with business partners to explain technical pricing indications and complete other projects as assigned.

Senior Actuarial Consultant, Large Account Pricing

• Initiates and leads the development of actuarial studies and analyses
• Gives direction to less experienced staff
• Applies actuarial techniques and statistical analysis to several functions
• Review the appropriateness of the results in light of experience and industry knowledge
• Initiate and lead the development of studies, analyses, and presentation materials

• managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations
• create client deliverables
• provide direction to junior analysts
• serve as a financial client contact
• present deliverables to clients in partnership with senior members of client teams

Health Actuary – Analyst III

• managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations
• create client deliverables, provide direction to junior analysts, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams

Health and Benefits Actuary – Analyst III

• Analyze data to estimate risk and financial impact for global healthcare insurance company
• Develop and maintain actuarial models for pricing, reserving, and forecasting
• Support the development of new products, pricing strategies, and profitability
• Perform scenario testing and analysis of risk and opportunities
• Prepare reports and presentations to effectively communicate findings to key stakeholders
• Monitor experience studies and adjust assumptions based on emerging trends
• Collaborate with finance, underwriting, and product teams to support business decisions
• Ensure compliance with regulatory requirements and professional standards

• Provide senior financial leadership for PBS 3.0
• Own the PBS 3.0 financial strategy and value case
• Establish and enforce economic guardrails
• Own pricing, monetization, and economics analysis
• Partner with Pricing, Underwriting, and FP&A on funding type-level analysis
• Translate complex financial analyses into clear executive-level narratives
• Support executive governance forums and risk escalation

Senior Director, Actuarial – Financial Strategy & Economics

• Performs data analytics to provide leadership with strategic business intelligence around financial and operational performance.
• Compiles claims, enrollment, revenue, and other statistical data to use in assigned projects.
• Conducts data analysis, performs financial modeling and designs reporting to support the Health Plan requirements and initiatives.
• Participates in the communication of summarized results to stakeholders via written narratives, graphical representations, and presentations.
• Provides analytical and technical support for assigned projects using data analysis tools and software.
• Performs analyses by utilizing a wide-range of quantitative and qualitative data sets, models, and publications (regulations, guidelines, business rules, reporting requirements and standards).
• Analyzes data output to identify and interpret trends or patterns in complex data sets.

Actuarial Analyst Associate

• Conducts analysis, pricing and risk assessment to estimate financial outcomes.
• Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in health with a focus on dental plans.
• Develops probability tables based on analysis of statistical data and other pertinent information.
• Gaining exposure to some of the complex tasks within the job function.
• Occasionally assists with modeling, identifies appropriate data sources, conducts analysis

Actuarial Analyst

• Responsible for the overall management and technical oversight of an actuarial staff
• Involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity
• Oversee the preparation of rate filings for large group, small group, direct pay, or senior products
• Work with Underwriting and Rating, Sales and Product Management and Development to develop and implement appropriate rating strategies
• Provide advanced support for the claim reserve process
• Ensure that all new products are financially viable and stable

Director, Actuarial Services

• Provide actuarial leadership and oversight for DCS pricing activities, including rate reviews, underwriting, and annual pricing submissions.
• Establish and maintain actuarial standards, pricing frameworks, and governance processes.
• Review, approve, and recommend rate actions, pricing assumptions, and risk positions.
• Own actuarial evaluation of margin performance and profitability drivers.
• Ensure pricing strategies and rate execution are aligned with target margins and durable growth goals.
• Identify emerging risks and develop mitigation strategies in partnership with Business Leads, Finance and Underwriting.
• Assess and manage the financial and pricing implications of federal and state regulatory changes impacting Commercial Pharmacy and Mental Health Parity.
• Oversee intercompany pharmacy pricing discussions and work with both Caremark and Aetna IBU teams to ensure pharmacy value is effectively deployed for Fully Insured, AFA and integrated ASC business.
• Lead and mentor a multi-disciplinary team, fostering organizational agility and development.

AVP, Commercial Specialty Actuarial & Underwriting

• Lead the pricing function for the Management Liability segment within AIG’s North America Financial Lines team
• Manage a team of individual contributors
• Perform and communicate the results of pricing studies for Management Liability product segments
• Construct & maintain advanced models for various business functions such as pricing or claim trend monitoring
• Work closely with underwriting business partners
• Maintain a robust command of public D&O / security class action trends & claim activity
• Perform unique & innovative individual account rating analyses as needed

Actuary jobs in Pennsylvania

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Senior Director, Actuarial & Analytics – Cross-Line Initiatives

Model Risk Actuary

Senior Manager, Actuarial – Self Insured Discount Team

Senior Pricing Actuary

Actuarial Assistant – Analyst

Manager – Actuarial Reserving

Senior Health Actuary Consultant

Actuarial Intern – Summer 2027, Philadelphia

Senior Actuarial Consultant, Large Account Pricing

Actuary

Health Actuary – Analyst III

Health and Benefits Actuary – Analyst III

Actuary

Senior Director, Actuarial – Financial Strategy & Economics

Health Actuary – Analyst III

Actuarial Analyst Associate

Actuarial Analyst

Director, Actuarial Services

AVP, Commercial Specialty Actuarial & Underwriting

Actuary, AVP – Management Liability