Associate Actuary and Team Lead – IntelliScript (Remote)

Milliman; Town of Brookfield (WI); Remote; USD 92,000 - 189,000; Full time

Job summary

A leading risk assessment company is seeking an Associate Actuary to support product development and client deliverables. The ideal candidate will have a Bachelor’s degree and actuarial accreditation, along with proficiency in data analysis and communication skills. The role involves performing studies, collaborating with data scientists, and contributing to strategic initiatives. Competitive compensation and remote work options are available.

Benefits

Medical, Dental and Vision Insurance

401(k) Plan with company match

Paid Time Off

Flexible Spending Accounts

Qualifications

• Minimum 3 years of experience in the actuarial profession.
• Demonstrated problem-solving attitude.
• Willingness to learn and grow.

Responsibilities

• Perform client proof-of-concept studies and generate recurring client deliverables.
• Collaborate with data scientists to analyze client questions.
• Participate in peer review processes for quality assurance.

Skills

Data analysis

Communication skills

Analytical thinking

Attention to detail

Initiative

Education

Bachelor’s Degree

Actuarial accreditation (ASA or ACAS)

Tools

Excel

Python or R

SQL

Job description

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, health IT and life sciences clients. We are a business unit within Milliman, Inc., a respected consultancy with offices around the world.

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

As an innovator in risk assessment, Milliman embraces technology and builds renowned data-driven tools that evaluate risk for a wide variety of applications. Nodal® is a comprehensive SaaS solution that uses artificial intelligence (AI) to analyze structured and unstructured data to predict high-cost claims. The Nodal product team uses AI to extract data hidden in unstructured text, builds predictive models using cutting-edge machine learning techniques, and delivers insights in a web-based application. The Associate Actuary on this team plays an important role in supporting day-to-day activities, collaborating with internal teams and producing client studies and deliverables.

In this role, you’ll be expected to clearly communicate findings and insights to internal and external stakeholders through both written reports and presentations. Your contributions will directly support our product roadmap and strategic initiatives, ensuring alignment with evolving client needs and market dynamics.

What you will be doing

• Perform client proof-of-concept studies and generate other recurring client deliverables
• Collaborate with data scientists to complete analyses related to client questions and ad-hoc needs
• Anticipate and address questions that will arise during business review
• Actively engage in peer review processes, provide constructive feedback, and ensure the quality and consistency of work produced and reviewed
• Balance numerous projects/tasks with varying deadlines and difficulty without sacrificing quality of work

What we need

• Bachelor’s Degree
• Actuarial accreditation (ASA or ACAS) in good standing
• Minimum 3 years of experience in the actuarial profession
• Proficiency with data analysis tools and techniques, including Excel, Python or R, and SQL

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, video calls, 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
• Conceptual ability: deal effectively not just with concrete, tangible issues but with abstract, conceptual matters
• Organizational skill: excellent attention to detail with the ability to manage multiple project simultaneously

Wish list

• Experience with medical diagnosis and procedure codes
• Experience creating process automation and actuarial reporting
• Experience in software-as-a-service and/or claim analytics
• Experience with Jira or other project management software

Location

The expected application deadline for this job is December 31, 2025. 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 overall salary range for this role is $92,200 – $188,160. For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $101,420 – $172,480.
• New York City, Newark, San Jose, or San Francisco the salary range is $110,640 – $188,160.
• All other locations the salary range is $92,200 – $156,800.

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.