What are the responsibilities and job description for the Actuarial Analyst position at Milliman?
Independent for over 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.
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 (ERG’s) 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, inclusion, and sustainability.
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
The person in this role will perform data analysis and actuarial projections using Excel, SQL, SAS, Python or other tools while working with proprietary Milliman programs to assist with consulting for various health insurance work areas. The ideal person for this role will have experience and knowledge in the health insurance field, including areas such as Medicare Advantage and Part D, the Affordable Care Act, health economics or the pharmaceutical market space. Responsibilities of actuarial analysts also include reviewing the work of peers, assisting with research and product development, and contributing to an environment of knowledge and collaboration.
Within a project team, consultants and analysts coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. They also work directly with analysts 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.
Professional Qualifications
What We Are Looking For
The Team
Milliman’s Tampa Health Practice serves a wide variety of organizations, including insurance companies, health plans, healthcare providers, and employers. The staff consists of actuarial professionals, a Pharm D, administrative, and other non-actuarial staff.
By joining Milliman, you will be working with some of the most experienced, most capable people in the health industry.
Location
Our work arrangement is hybrid, with local employees coming into the office and working from home during the week. Full time remote work will be considered for the right candidate. The expected application deadline for this job is May 18, 2026.
Compensation
The overall salary range for this role is $67,600 - $152,605. For candidates residing in:
Benefits
We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include:
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.
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 (ERG’s) 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, inclusion, and sustainability.
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
The person in this role will perform data analysis and actuarial projections using Excel, SQL, SAS, Python or other tools while working with proprietary Milliman programs to assist with consulting for various health insurance work areas. The ideal person for this role will have experience and knowledge in the health insurance field, including areas such as Medicare Advantage and Part D, the Affordable Care Act, health economics or the pharmaceutical market space. Responsibilities of actuarial analysts also include reviewing the work of peers, assisting with research and product development, and contributing to an environment of knowledge and collaboration.
Within a project team, consultants and analysts coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. They also work directly with analysts 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.
Professional Qualifications
What We Are Looking For
- Bachelor’s degree in mathematics, statistics, economics, or a related field
- 2-4 actuarial exams
- 2-5 years of experience
- Excellent communication, both verbal and written
- Analytical thinking skills to evaluate analyses for downstream impact
- Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
- Strong time management skills
- Ability to work independently and in a team environment
- Client focused and resulted oriented
- Ambition and excitement for professional development within the actuarial field
- High integrity in all professional work
- Experience working with Microsoft Office (Excel, Word, and Power Point)
- SQL, SAS, VBA, R, Python, or other coding languages is advantageous
The Team
Milliman’s Tampa Health Practice serves a wide variety of organizations, including insurance companies, health plans, healthcare providers, and employers. The staff consists of actuarial professionals, a Pharm D, administrative, and other non-actuarial staff.
By joining Milliman, you will be working with some of the most experienced, most capable people in the health industry.
Location
Our work arrangement is hybrid, with local employees coming into the office and working from home during the week. Full time remote work will be considered for the right candidate. The expected application deadline for this job is May 18, 2026.
Compensation
The overall salary range for this role is $67,600 - $152,605. For candidates residing in:
- Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia:
- $77,740 - $136,160 if overall experience is less than 4 years; and
- $87,170 - $152,605 for experience greater than 4 years
- All other states:
- $67,600 - $118,400 if overall experience is less than 4 years; and
- $75,800 - $132,700 for experience greater than for years
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 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.
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.
Salary : $67,600 - $118,400