Milliman’s employee benefits consulting practice provides consulting services to a broad array of retirement plan sponsors. We are looking for a self-motivated Actuarial Analyst with 0-2 years of relevant experience and at least one SOA exam success to assist consulting actuaries with all aspects of consulting to our clients. This position provides excellent opportunities for professional development and advancement, a supportive work environment and a full and competitive study program.

 Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

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 (ERG’s) 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 web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

What You Will Do

This entry level position provides support and assistance to actuarial consultants. This includes measuring pension liabilities and annual costs, studying the effects of changes in the design of employee benefit plans, and communicating results.

Prepare basic actuarial calculations, government form filings, and other client deliverables. Obtain data from clients and respond to client requests for information, explanations, and answers related questions. Reconcile data, perform valuations, and prepare reports. Provide analysis and assistance on projects as assigned. Supporting more senior staff in a wide range of strategic projects

What We Are Looking For

BA or BS in Mathematics or related field 0 - 2 years of relevant experience with at least one Society of Actuaries exam success (two preferred) Actively pursue exams towards Actuarial certification Excellent computer and technical skills Strong quantitative and analytical skills Strong communication skills Ability to handle multiple projects at the same time Ability to work on detailed spreadsheets and other business software programs Ability to work in a team environment

The Team 

The employee benefits consulting practice provides actuarial and other consulting services for multiple industries, for actives and retirees and for Corporate, Public and Multiemployer Plans. We work with several types of clients organized into the following seven lines of business:

Corporate Pension Plans Multiemployer Pension Plans Public Pension Plans Other Postretirement Benefit Plans (Corporate, Multiemployer, and Public combined) Health and Group Benefits (Corporate, Multiemployer, and Public combined) Compensation and Benefits Surveys Investments

We have built our reputation on clear communication, strong customer service, and deep technical expertise.

Location

This position is based in Denver, CO. Candidates hired into this role must be willing to work in-person in the Milliman office on a weekly basis, but flexible work arrangements will be considered for our hybrid environment. The expected application deadline for this job is January 31, 2025.

Compensation

The salary range is $61,000 - $113,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. If overall experience is less than 2 years the range would be $61,000 - $101,000; for experience of greater than 2 years, the range would be $68,000 - $113,000.

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:

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.