Actuarial Analyst – Life & Annuity

Job Description:

• Perform actuarial analyses and modeling to support client engagements, including asset modeling, cash flow testing, financial projections, and reporting.
• Build, enhance, and maintain actuarial and financial models used for valuation, forecasting, pricing, and risk management.
• Produce clear, well-documented, and accurate work products that meet internal quality standards and client expectations.
• Assist with statutory, GAAP, and international reporting requirements, including Bermuda-specific reporting where applicable.
• Communicate analytical results and methodology to project team members and, as appropriate, participate in client meetings or calls under supervision.
• Work with senior actuaries to support business development activities, including research, model development, and proposal support.
• Balance multiple projects and deadlines in a fast-paced consulting environment.
• Occasional domestic and international travel for client work or business development activities.

Requirements:

• Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field.
• 4–6 years of relevant actuarial experience.
• Progress toward ASA designation; intent to pursue FSA.
• Hands-on experience with: Cash flow testing (including AG55), Asset modeling, Bermuda reporting, Life and annuity insurance products, Actuarial pricing and projection systems, particularly MG-ALFA® or similar software.
• Strong technical and analytical skills with the ability to produce accurate, well-documented work.
• Advanced proficiency in Microsoft Excel.
• Experience of one or more of the following: Access, SAS, SQL, Python, R, and/or Excel VBA.
• Experience with Integrate / MG-ALFA® or similar actuarial systems (required).
• Experience with Tableau and/or Power BI (preferred).

Benefits:

• 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.