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Job Summary
The Philadelphia office of Milliman is looking for enthusiastic and qualified candidates to join the Milliman Life practice. The candidate will be assigned to projects in areas including but not limited to Mergers and Acquisitions, Statutory and GAAP valuation, Asset Liability Management and Enterprise Risk Management. We are seeking candidates who will strive in a fast-paced, dynamic work environment. The candidate will be a part of a collaborative team of actuarial analysts and consultants ready to share their knowledge and experience.
Mergers & Acquisitions
Milliman is the industry leader in mergers and acquisitions for the last 20 years. Our sophisticated financial models are relied upon to deliver accurate projections and valuations of company assets and liabilities. We are a trusted source of independent analysis on a proposed deal's valuation, merits and weaknesses. In many cases, the deal valuation is only the beginning and we are brought on to consult management on implementation and post-transaction action plans.
About Milliman
Founded in 1947, Milliman is one of the largest actuarial firms with offices around the globe, delivering market-leading services and solutions to clients worldwide. We help companies take on some of the most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.
Job description:
Tasks and responsibilities
- Conduct mathematical & statistical analysis for risk management for insurance companies
- Develop and utilize actuarial models
- Calculate reserves & work on Statutory and GAAP valuations for life insurance companies
- Analyze statistical data related to mortality, accident & sickness, disability, termination rates
- Summarize results and draft client communications
- Assist with research projects
Requirements
- Actively pursuing a Bachelor's degree or higher in Actuarial Science, Mathematics, Statistics, Economics, or related field
- Successful completion of at least two actuarial exams
- Actively pursuing SOA exams toward actuarial certification
- Knowledge or training in computer programming languages
- Strong analytical, communication (both written and oral), and organizational skills
- Self-starter, diligent and detailed-oriented
Preferred skills
- Experience with Microsoft Excel, Access and VBA
- Python and/or R working experience
- SQL and/or SAS knowledge is a plus
- MGALFA experience is a plus
This position will be based out of the Milliman office in Wayne, PA.
No recruiters please.
Education
Milliman is an equal opportunity employer
Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law.
Reasonable Accommodation Notice
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.