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Penn Foster

P&C Software Development Actuary

Penn Foster, Atlanta, Georgia, United States, 30383


Job Details

Meet MillimanIndependent 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 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.We are empowered by the diversity of our backgrounds, driven by a shared commitment to innovate, and inspired by a common mission: to serve our clients to protect the health and financial well-being of people everywhere.Opportunity DescriptionMilliman’s Property and Casualty Insurance Software (PCIS) business builds industry-leading data analysis applications that are used in loss reserving by the most successful P&C insurance companies across the globe. Our tools make a reserving actuary's job more efficient, freeing up time for them to really think about the problems at hand.As an essential software development team member, the P&C Software Development Actuary will work as a thought leader, subject matter expert, and technical actuary to help design, develop, and support the next generation of loss reserving solutions. This unique product development position works closely with other actuarial subject matter experts and senior software engineers to brainstorm, research, design, and develop new capabilities and solutions, leveraging the latest technologies.The individual selected to fill the P&C Software Development Actuary position will be empowered to:Work and consult with senior and forward-thinking actuaries at our client companies and our partners (e.g., Microsoft, etc.) to continually drive toward and even invent the future of the actuarial marketplaceWork with a team of similarly experienced and motivated development, design, project management, and quality experts on solutions widely regarded as the best in the industryAct as a thought leader in the actuarial and insurance reserving community, and help evangelize the innovative ideas that we develop; help the PCIS sales team convey the value proposition of new solutions to the marketplaceRemain abreast of changes and developments in the P&C insurance industry, including potential future trends, concepts, and new requirementsResearch and document the actuarial business logic needed in next-generation softwareCode the business logic of our solution using tools such as Python and RDefine and coordinate requirements for ongoing and future development of all systems, both existing and new, and document and effectively communicate the requirements to team members; prioritize requirements in coordination with the development professionals and other team managementProvide actuarial expertise to developers throughout the development processAid in the development of user documentation and test plans, and help implement both as necessaryAssist with complex support issues and training on our solutions to our clients and prospectsJoin an innovative, high-growth company with a solid industry track recordWork for a company that values your wellbeing and professional growth, offering a flexible work environment, generous benefits package, and investment in the development of your career

Required QualificationsFellow or Associate of the Casualty Actuarial Society (FCAS or ACAS)5+ years in an analytical capacity as an actuary, data analyst, financial analyst, underwriting analyst, or similar role(s)Demonstrated experience building actuarial tools and solutions using Python and/or RExpert level experience using modern and advanced reserving and analytical tools and approaches, or demonstrated experience researching in this areaExperience with reserving issues in numerous lines of business, both long- and short-tailedExposure to database and data manipulation using SQLProficiency in Microsoft Office productsAbility to travel within the United States for planning meetings and conferences

Required Skills and CompetenciesKeen analytical and problem-solving skillsAbility to work independently and manage own workflowMust be self-motivated and possess strong oral and written communication skillsStrong team player with the ability to work productively in a team environment

Wish ListExperience building dashboards and reports in data visualization/business intelligence software such as Power BI or TableauFirm grasp of practical approaches to data science, machine learning, and/or artificial intelligence theoryExposure to cloud-based data analytics tools (e.g., Azure Synapse, Databricks, Azure Machine Learning)Experience with commercial loss reserving software such as Arius, ReservePro, or ResQReinsurance experience

Milliman BenefitsAt Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:Medical, dental, and vision coverage for employees and their dependents, including domestic partnersA 401(k) plan with matching program, and profit sharing contributionEmployee Assistance Program (EAP)A discretionary bonus programPaid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours workedFamily building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month periodA minimum of 8 paid holidaysMilliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverageFlexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

LocationThis role will be part of the Milliman Atlanta Property & Casualty group, but candidates hired into this role may work remotely anywhere in the U.S. Candidates living in the Central and Eastern time zones are preferred.CompensationThe salary range is $105,000 to $175,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. Employees are also eligible for an end of year performance-based bonus.Equal OpportunityAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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