Actuarial Analyst, Health & Welfare Benefits

Milliman; Walnut Creek (CA); Hybrid; USD 60,000 - 122,000; Full time

Benefits offered by this job

Medical, Dental and Vision – Coverage

401(k) Plan – Matching

Discretionary Bonus Program

Paid Time Off (PTO)

Holidays

Family Building Benefits

Paid Parental Leave

Job summary

Milliman in Walnut Creek, CA is seeking an entry level Actuarial Analyst to support health and welfare programs. The role emphasizes data analysis, Excel skills, and collaboration with actuarial and benefits consultants to prepare deliverables and assist with financial reviews.

You will work with internal teams, reconcile claims data, calculate rates, and participate in vendor evaluations, while adhering to regulatory requirements and confidential processes.

Qualifications

• Proficient in Excel with experience handling large datasets.
• Interest or experience in health & welfare employee benefits.
• Ability to produce accurate deliverables and documentation.
• Excellent written and verbal communication skills.
• Willingness to learn and stay current with industry trends and regulations.

Responsibilities

• Support actuaries in data analysis and deliverable preparation.
• Reconcile claims data, project budgets, and reserves.
• Assist with pricing, rate calculations, and experience reports.
• Collaborate with internal teams and Milliman groups.
• Ensure quality, timeliness, and adherence to processes.

Skills

Excel

Analytical mindset

Attention to detail

Communication skills

Team collaboration

Multitasking

Confidentiality

Initiative

Education

Bachelor's degree in actuarial science

SOA exam passed

Tools

Excel (advanced)

Job description

Milliman in Walnut Creek, CA is seeking an entry level Actuarial Analyst to support health and welfare programs. The role emphasizes data analysis, Excel skills, and collaboration with actuarial and benefits consultants to prepare deliverables and assist with financial reviews.

You will work with internal teams, reconcile claims data, calculate rates, and participate in vendor evaluations, while adhering to regulatory requirements and confidential processes.