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Role Description

In this practice, an Associate Actuary is responsible for core actuarial consulting work, including reserving and pricing engagements, with reserving as the primary focus. Responsibilities include:

• Performing reserve reviews
• Conducting pricing analyses
• Developing predictive models for a range of applications
• Evaluating clients’ reserving and modeling approaches to identify opportunities for methodological enhancement
• Understanding, modifying, and operating complex spreadsheets and database tools to analyze data and solve problems
• Receiving, reconciling, manipulating, and analyzing data using programming languages such as R and SQL
• Checking data for consistency
• Developing and using actuarial models
• Presenting findings to peers, project managers, and client relationship managers
• Drafting written reports and exhibits, and preparing other internal/external correspondence
• Checking their own and peers’ work for accuracy
• Undertaking research projects
• Performing or assisting with other duties assigned at the direction of Actuaries and Principals

Qualifications

• 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

Requirements

• Quick learner who takes initiative to dive deeper and solve problems
• Able to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects
• “Big picture” thinking to help anticipate client needs
• Superb attention to detail and technical accuracy
• Self-sufficient, motivated to work independently
• Enthusiasm for the work of our practice, and a strong work ethic to meet our clients’ needs
• Collaborative by nature, willing to help wherever needed
• Excellent written and oral communication skills, including the ability to express or explain complicated technical concepts to a variety of audiences
• Available to start within 2-4 weeks of offer acceptance (this is an immediate hire)

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.