Actuarial Analyst, Solutions Consulting - IntelliScript

What We Do

Milliman IntelliScript is a group of a few hundred experts in fields ranging from actuarial science to information technology to clinical practice. Together, we develop and deploy category-defining, data-driven, software-as-a-service (SaaS) products for a broad spectrum of insurance clients. We’re a business unit within Milliman, Inc., a respected consultancy with offices around the world.

Candidates who have their pick of jobs are drawn to IntelliScript’s entrepreneurial and collaborative culture of innovation, excellence, exceptional customer service, balance, and transparency. Every single person has a voice in our company, and we challenge each other to push the outer limits of our full, diverse potential. And we’ve shown sustained growth that ensures you’ll have room to grow your skillset, responsibilities, and career.

Our team is smart, down-to-earth, and ready to listen to your best ideas. We reward excellence and offer competitive compensation and benefits. Visit our LinkedIn page for a closer look at our company and learn more about our cultural values here.

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.

What this position entails

The Milliman IntelliScript suite of software products provides intelligent analysis of prescription histories, medical claims, and other data. The Solutions Consulting team focuses on designing, executing, and delivering proof of concept studies that showcase the value proposition of our products, mainly for life insurance underwriting. The Actuarial Analyst’s main responsibilities include processing, analyzing, and creating study deliverables. The analyst will need to collaborate with clinicians, project managers, solutions consultants, and other internal team members. The Actuarial Analyst must utilize various data processing programs to analyze large data sets. Additional responsibilities include responding to client questions, research projects, and internal process improvement.

What you’ll be doing

• Creative problem-solving using spreadsheets, databases, and other resources to organize and analyze information
• Automation and efficiency improvement of tools through PowerBI, Databricks, programming languages, or other approaches
• Effectively communicate results through internal presentations in a clear and concise manner
• Anticipate and address questions that will arise during internal review and client delivery
• Use discretion and independent judgment to determine how to complete assigned projects, subject to peer review
• Work with external and internal clients to create high quality deliverables that effectively meet their goals and showcase the value of our products
• Balance numerous projects/tasks with varying deadlines and difficulty without sacrificing quality of work

What we need

• Bachelor’s degree in actuarial science, mathematics, or other major with quantitative course work
• 2 or more successfully completed actuarial exams (demonstrated exam success)
• 0 - 3 years of work experience in the actuarial profession
• Skilled in Microsoft Excel
• Exposure to SQL server, R, Python, or other programming language(s)

What you bring to the table

• Demonstrated “let’s find a way to do it” attitude: conviction that no task is too big or too small, quick to approach an issue and find the optimal solution, ready to adapt in any situation.
• Communication skills: articulate and professional when speaking with clients as well as with colleagues, at all organizational levels, and via all mediums (phone, email, WebEx, etc.)
• Love to learn: take every opportunity you are given to develop knowledge and skills
• Analytical thinking: ability to tackle a problem by using a logical, systematic, sequential approach to generate sensible, realistic, practical solutions to problems.
• Attention to detail: verify important details, ensure there are no surprises or gaps in needed information.
• Creativity: generate innovative approaches to problems or innovations to established approaches; think and look outside the box
• Data analysis: analyze data to draw conclusions and identify cause-and-effect relationships to support leadership decisions and recommend a course of action or solve organizational issues.
• Initiative: identify a problem, obstacle, or opportunity and take appropriate action to address current or future problems or opportunities; begin and follow through with a plan or task
• Technical knowledge: application of knowledge and skills needed to perform effectively in a specific job or group of jobs within the organization. Love to learn, take every opportunity you’re given to develop knowledge and skills

Wish list

• Experience creating process automation and actuarial reporting
• Experience in software-as-a-service and/or insurance underwriting industry
• Experience with Jira or other project management software
• Expert in Microsoft Excel
• Skilled in SQL server, R, Databricks, or other programming language(s)

Location

The expected application deadline for this job is December 31, 2024. This position is open to remote work. Applicants must be willing to travel to the Milliman office in Brookfield, WI as needed and travel nationwide for meetings, conferences, and team events.

The salary range is $56,000 - $131,000, depending on relevant factors, including but not limited to education, skills, certifications, and location. If relevant experience is less than 2 years, the range would be $56,000 - $117,000; for experience of greater than 2 years, the range would be $63,000 - $131,000. In addition, we offer a performance-based bonus plan, profit sharing, and generous benefits.

Milliman Benefits (Full time U.S. positions only)

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:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• A 401(k) plan with matching program, and profit-sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• 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
• 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
• Commuter Program, which allows you to use pre-tax dollars to pay for your parking or public transit expenses to get to and from work. You may utilize this benefit any time throughout the year and funds will be available the first of the month following your first contribution.
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

Equal Opportunity

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.