Associate Actuary

Company: Vince Brown
Location: Irvine
Posted on: March 11, 2023

Job Description:

Job Details
Description
Short Description
Our group provides actuarial consulting to clients for a variety of P&C projects out of our Orange County, Pasadena, San Francisco, Dallas, Denver, and Seattle offices. The projects include a wide variety of actuarial techniques, generally related to ratemaking including predictive modeling, telematics, by-peril and catastrophe rating, rate development, rate indications, state filing support, and some reserving.

Detailed Description
Independent for over 70 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 developing insurance for emerging markets, highly focused on data analytics and business transformation. Through a team of professionals ranging from actuaries to compliance professionals, data scientists to actuarial analysts, we offer unparalleled expertise in the insurance industry.

Who We Are
Our office focuses on developing and modifying insurance products to introduce advanced rating techniques and technological advancements such as InsurTech solutions. We develop the associated regulatory rate and form filing support for these insurance products and InsurTech solutions, as well as do traditional actuarial work such as ratemaking, reserving, predictive modeling, competitive analysis, and a variety of special projects.

Role
The Actuary helps lead multiple projects simultaneously. On a typical assignment, the actuary would be responsible for:

Contribute to the vision of a given project and design analyses
Write reports and support Principal with client communication
Oversee the execution of the project
Direct staff participation
Train and provide guidance to Actuarial Analysts
Comply with internal quality control and peer review guidelines
Participate in marketing opportunities including publications and presentations
Perform or assist with other duties assigned at the direction of management
Qualifications
Required Experience:

Bachelor's degree required
ACAS with 2+ years of experience in property and casualty ratemaking
Experience presenting results and proposed changes to stakeholders
Experience successfully leading projects
Experience handling multiple projects and multi-tasking
Experience preparing actuarial memos and filing support and responding to state regulatory objections
Desired Experience:

Experience preparing rate filing content
Ratemaking experience in personal auto, homeowners, or commercial lines
Experience leading new product filings
Experience integrating predictive models into rate plans and underwriting
Experience supervising staff
Experience working with BIG data in R, Python, SAS, SQL, or other program or software
Required Skills and Competencies:

Service oriented
Excellent project management and team player skills
Excellent written and oral communication skills
Quick learner and initiative taker
Attention to detail and technical accuracy
Advanced skills in Microsoft Office Word, Excel, and data aggregation (R or Python)
Milliman Benefits
At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual. We offer a competitive benefits package which includes:

Medical, dental and vision coverage for employees and their families, including eligible domestic partners
A 401(k) plan with matching program
Paid Parental Leave up to 12 weeks
Profit sharing as a discretionary contribution to employees' retirement accounts
Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason.
Adoption assistance
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
Location
This position will be based out of the Milliman office in Orange County, but applicants can work from another Milliman office such as Pasadena, San Francisco, Seattle, or Dallas.

Compensation
The base salary for the position will vary with the candidate's qualifications and experience. In addition, we offer a significant performance-based bonus plan, profit sharing, and generous benefits.

Milliman is an Equal Opportunity Employer
Milliman 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, 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. Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require 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.


Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c) Job Type
Full-Time Regular Location
Irvine CA

Keywords: Vince Brown, Irvine , Associate Actuary, Accounting, Auditing , Irvine, California