Actuarial Analyst

Milliman; Salt Lake City (UT); Remote; USD 60,000 - 127,000; Full time

Job summary

Milliman is seeking an entry level actuarial analyst for the Mountain Gulf Health Practice. This role offers the chance to develop skills in healthcare actuarial work while supporting professional growth through exam preparation assistance and team collaboration. Ideal candidates will exhibit a strong background in quantitative disciplines and possess excellent communication skills.

Benefits

Medical, Dental and Vision coverage

401(k) Plan with company match

Flexible Spending Accounts (FSA)

Paid Time Off (PTO)

Paid Parental Leave

Qualifications

• Bachelor's degree with quantitative coursework.
• Pass some Society of Actuaries exams.
• Solid understanding of actuarial concepts.

Responsibilities

• Perform data analysis using Excel, SAS, and Milliman programs.
• Assist with health insurance consulting projects.
• Conduct actuarial calculations and model development.

Skills

Technical skills

Communication

Interpersonal skills

Education

Bachelor’s degree in actuarial science, mathematics, statistics, economics, or related fields

At least one Actuaries exam passed

Tools

Microsoft Excel

SAS

R

SQL

Python

Job description

Description

Milliman’s Mountain Gulf Health Practice is seeking an entry level actuarial analyst to join our team. This position provides opportunities for professional growth and technical skill development in the healthcare actuarial field. A successful candidate will possess excellent technical, communication, and interpersonal skills and will be self-motivated and driven to achieve. Intellectual curiosity, teamwork, and a strong desire to learn are important drivers of success in our practice.

Who We Are

Independent for 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.

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

Actuarial Analysts perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various health insurance work areas, such as Commercial / ACA, Medicare, Behavioral Health, Risk Adjustment, Dental and more.

Within a project team, consultants, project managers, analysts, and interns coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. Associate Actuaries, who act as project managers, work directly with analysts by reviewing work, answering questions, and developing client correspondence. Analysts are responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing, and utilizing actuarial models, and implementing software solutions. Analysts work alongside all levels of a project team while learning and expanding upon various actuarial concepts and computer programs, such as Microsoft Excel, VBA, Databricks, and SAS. Analysts are also called upon to help implement business development efforts.

We feel progression with actuarial exams is important, and as such study time is supported and expected. Study time, materials, and exam fees are paid for by Milliman for actuarial staff.

What We Are Looking For

Professional Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, economics, or another major with quantitative course work
• At least one or more society of Actuaries exams passed
• Solid understanding of basic actuarial concepts
• Working knowledge of Microsoft Excel
• Some knowledge of a statistical analysis language (SAS, R, SQL, or Python)

Personal Qualifications

• Strong written and verbal communication skills
• Strong organizational skills and ability to manage multiple projects and deadlines
• Strong time management skills
• Entrepreneurial spirit
• Ability to work independently and within a team
• Client focused and results oriented

Preferred Qualifications

• Former Milliman interns may be preferred candidates

To be considered for this position, please submit a resume.

The Team

Milliman’s Mountain Gulf Health Practice consists of actuarial professionals, healthcare consultants, IT, and administrative professionals.

We have made the decision to hire primarily at the entry level, and we have carefully designed a program to help entry level analysts through their career path. Through our manager program, all staff members are paired with a dedicated manager to help support and celebrate the growth of each staff member along their career path.

Additionally, our exam program includes paid study time and materials. This program provides support and monitors progress on exam preparation. Our employees are high achievers and demonstrate excellent exam success.

Location

The Mountain Gulf Health Practice operates under one management group virtually across five locations – Denver, Houston, Phoenix, Salt Lake City, and San Francisco. This is a remote position.

The expected application deadline for this job is June 20, 2025.

Compensation

The overall salary range for this role is $60,300 - $126,840. For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $66,330 - $116,270
• New York City, Newark, San Jose, or San Francisco the salary range is $72,360 - $126,840
• All other locations the salary range is $60,300 - $105,700

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Benefits

We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include:

• · 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.

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.