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Actuarial Analyst – Property and Casualty
Location
California
Posted
4 days ago
Salary
$60.3K - $136.2K / year
Seniority
Mid Level
Job Description
Actuarial Analyst – Property and Casualty
Milliman
• Our Actuarial Analysts work closely with diverse project teams to execute analyses and conduct research that informs innovative solutions for our clients’ complex challenges. • In addition to hands-on analytical work, Actuarial Analysts have opportunities to present findings to peers, project managers, and client relationship managers. • Project assignments and participation in internal interest groups foster collaboration and contributions across the practice. • The actuarial skillset is essential to both our traditional work and our growth in emerging markets. • We are committed to developing a strong pipeline of actuarial talent and future leaders. • Analysts in our practice are expected to pursue a credential with the Casualty Actuarial Society (CAS), and we provide both time and financial support for exam preparation. • In this unique position, you will play a critical role in the rate analysis and development of rate updates for an insurance program with nationwide impact. • Your primary responsibilities will involve extracting, cleaning, and analyzing complex datasets using your advanced SQL and Python skills. • Strong preference will be given to candidates who can demonstrate the ability to solve real-world data problems in a professional services environment. • Your analyses will incorporate property, policy, and geographic information to support robust, data-driven rate recommendations. • You’ll collaborate with our GIS and catastrophe modeling teams to build and refine predictive models, helping to set fair and accurate premiums. • You will also prepare comprehensive exhibits, charts, and interactive visualizations to communicate findings to both technical and non-technical audiences. • The role is deadline-driven, highly collaborative, and requires creativity and perseverance as you adapt to new challenges, evolving methodologies, and the dynamic nature of property risk. • Typical responsibilities will include: Various programmatic tasks such as reviewing data in preparation for analysis, checking results for accuracy and consistency (peer review), drafting reports, and maintaining documentation Predictive modeling and non-linear methods using mostly SQL and Python/R to support rate analyses Draft written reports and Excel-based exhibits, and prepare other internal/external correspondence Undertake research projects of varying shape and size.
Job Requirements
- Bachelor’s degree or higher, including quantitative coursework in actuarial science, data science, mathematics, statistics, etc.
- A minimum of two actuarial exams, and in pursuit of a credential from the Casualty Actuarial Society
- A minimum of one relevant internship up to four years of professional actuarial experience
- Substantial expertise with MS Excel and Word
- Skilled in Python or R and SQL for data analysis
- Individual(s) must be United States Citizen(s)
- Individual(s) must have a primary residence in the continental United States
- Individual(s) must be able and willing to obtain and maintain a United States Government-issued Public Trust security clearance
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.
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