Senior Actuarial Analyst - 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. We

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 and other medical data. Offering tremendous ROI, our proprietary Curv® system provides our clients with intelligent analysis of data. Curv combines the rich data of prescription and claims histories with the power of predictive modeling assess morbidity risk more accurately for health plans without access to populations claims history. By transforming census data into a powerful risk score, the Curv product line allows health plans to predict a future claim costs and morbidity more accurately. The Senior Actuarial Analysts on this team play an important role in supporting day-today activities, collaborating with internal teams and producing client studies and deliverables.

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 VBA, databricks or other approaches
• Communicate results in well written reports and presentations in a clear and concise manner
• Anticipate and address questions that will arise during business review and client delivery
• Use discretion and independent judgment to determine how to complete assigned projects, subject to peer review
• Work with internal and external clients to create client deliverables, including studies, pilots, projects, and research on a variety of different products and models.
• Balance numerous projects/tasks with varying deadlines and difficulty without sacrificing quality of work.
• Check and validate peers’ work and results

What we need

• Bachelor’s Degree in actuarial science, mathematics, or other major with quantitative course work
• 4 or more successfully completed actuarial exams (demonstrated exam success)
• 2 - 6 years of work experience in the actuarial profession
• Proficient in Microsoft Excel and SQL
• Exposure R, VBA, Databricks or other similar software / languages(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’re 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 new 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

Location and Compensation

The expected application deadline for this job is August 30, 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 $63,000 to $146,000, depending on relevant factors, including but not limited to education, skills, certifications, and location. If relevant experience is less than 3 years the range would be $63,000 to $131,000; for experience of greater than 4 years, the range would be $70,000 to $146,000. In addition, we offer a performance-based bonus plan, profit sharing, and generous benefits.

Milliman Benefits

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
• 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 OpportunityThis paragraph, as written, must be included in all U.S. job postings. Please include when submitting UKG job posting drafts to Corp Recruiting Approver and when posting jobs outside of UKG (e.g., Handshake).

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.