Milliman Care Guidelines

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Associate Actuary

at Milliman Care Guidelines

Posted: 11/9/2017
Job Status: Full Time
Job Reference #: e7c46f9f-4079-4b52-b401-1516f8f773a9

Job Description



Conduct monthly valuation of insurance company claim reserves. Prepare weekly variable annuities industry report summaries. Engage in quarterly required economic capital calculations. Prepare quarterly market consistent embedded value calculations. Conduct monthly Least Squares Monte Carlo proxy model calibration for market-consistent value of new business. Occasional work travel (less than 10 percent of time).



Bachelor’s degree in Mathematics, Actuarial Science, or a related field. 1 year of actuarial experience focused on financial reporting. 1 year of experience using Microsoft Word, Excel, Access, SQL, R, and Excel VBA programming. 1 year of experience using MG-ALFA projection software. 1 year of experience with variable annuity products. 1 year of experience with least-square Monte Carlo (LSMC) modeling. 1 year of experience with various aspects of financial reporting, including calculation of reserves, value of new business (VNB) and economic capital (EC). 1 year of experience with market-consistent valuation framework. Associate of the Society of Actuaries (ASA) designation and willingness to pursue Fellow of the Society of Actuaries (FSA) designation. Willingness and ability to occasionally travel domestically and internationally (less than 10 percent of time)


TERMS OF EMPLOYMENT: 37.5 hours per week


TO APPLY: Apply for this Associate Actuary (# ASSOC02031) position at