Actuarial Intern - School Year Spring 2027 - Atlantic Region Property and Casualty (part-time, remote)
Milliman · Remote · Part-time
Who We Are
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 web site to learn more about Milliman’s commitments to our
people, diversity and inclusion, social impact and sustainability:
https://www.milliman.com/en/socialimpact
[https://www.milliman.com/en/socialimpact]
The Atlantic Region Property and Casualty (P&C) practice, with locations in
Boston MA and Burlington VT, provides actuarial consulting services on a range
of projects across the insurance, reinsurance, insurance-linked securities (ILS)
and alternative-risk markets. We work with a diverse set of clients including
self-insured corporations, commercial insurance companies, governmental
agencies, risk pools, and financial investors. Using a variety of Milliman
products and practice-built tools, we look to establish and develop the cutting
edge of actuarial practice in each of our professional niches, and provide our
clients with trusted partnership and advice to advance the financial well-being
of people everywhere.
The team is a focused and tight-knit group, working together across multiple
locations. Team members work on a range of client projects of various sizes, and
we employ a highly integrated project structure that encourages interaction
across all members of the team, from Analysts to the Principals who serve as
client leads. While most of our team’s time is spent working with members of the
practice, we also have assignments that are completed in partnership with other
Milliman offices around the world.
We believe that the actuarial skillset has important applications across both
our traditional actuarial work and our work in developing market areas, and are
committed to developing a pipeline of actuarial talent and future leaders of the
firm through exam support and interaction with senior colleagues.
What You Will Do
On a day-to-day basis, the Actuarial Intern will work closely with project team
members to execute key analyses for ongoing projects. They will be given
opportunity to produce high-quality analytical work while also showing
professionalism and strong communication skills when interacting with
colleagues, up to and including senior Principals of the firm. Much of the
Intern’s work will be done in Excel, but supplemental programming, statistical,
and database skills are highly valued and will open additional opportunities for
impactful client assignments and advancement.
Internship Highlights
* 1:1 mentoring
* Interact with actuarial consultants and practice leaders, on projects and
socially
* Connect with other interns and Milliman leadership through firm-wide virtual
Lunch & Learn series
* Opportunity to present on a business project or problem to leadership and
peers
What We Are Looking For
Professional Qualifications
* A minimum of one actuarial exam passed at the time of application, and
interested in pursuing a credential from the CAS
* Pursuing a degree in actuarial science, mathematics, or a related major with
quantitative coursework (must be enrolled in a bachelor’s or master’s program
at the time of the internship to qualify)
* Substantial expertise with MS Excel and Word
Individual(s) must be legally authorized to work in the United States without
the need for any immigration support or sponsorship from Milliman now or in the
future.
Personal Qualifications
* Strong critical thinking, technical, and analytical skills
* Close attention to detail
* The ability to work collaboratively and organize various client needs in a
fast-paced environment
* The ability and willingness to clearly articulate questions and ideas
* Clearly demonstrated leadership and creative thinking abilities
* Intellectual curiosity about the topics of risk, Milliman, and the work of
our practice
* Enthusiasm for producing high-quality, professional work with accuracy and
integrity
* Inspired to contribute to the success of a project and succeed as a team
* Self-starter, with excellent time management skills including collaboration
across time zones
Preferred Qualifications
* Two or more passed actuarial exams
* Some experience with computer programming
* Expertise with statistical and modeling tools such as R, @Risk, VBA, Python,
SAS, STATA, etc.
* Working knowledge of supplemental database and professional working tools
such as Access and PowerPoint
This position is expected to be part-time, between 10-20 hours per week for
10-12 weeks, beginning in January or February 2027.
As part of your application, you will be asked to provide your current resume,
cover letter, and current college transcript.
Location
This is a remote position, based in the United States. Candidates hired into
this role may work onsite in the Milliman Boston office (Wakefield, MA) or
Vermont office (Burlington, VT), if they prefer. No housing or relocation
assistance provided. The expected application deadline for this job is May 31,
2026.
Compensation
The overall hourly range for this role is $21 - $46. For candidates residing
in:
* Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New
Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of
Columbia the hourly range is $23 - $46.
* All other locations, the hourly range is $21 - $37.
A combination of factors will be considered, including, but not limited to,
education, relevant work experience, qualifications, skills, certifications,
etc. This is a non-exempt overtime eligible role; overtime eligible after 40
hours of work (For non-exempt, hourly roles).
Benefits
We offer competitive benefits which include the following based on plan
eligibility:
* Employee Assistance Program (EAP) – Confidential support for personal and
work-related challenges.
* 401(k) Plan – When an employee reaches 1,000 hours worked within 12
consecutive months, they become eligible for a 401(k) plan that includes a
company matching program and profit-sharing contributions.
* Paid Time Off (PTO) – Begins accruing on the first day of work; Interns,
Temporary, and Seasonal Employees will earn PTO each pay period, based on 1
hour for every 30 hours worked.
* Transportation – Pre-tax savings for eligible transit and parking expenses.
Equal Opportunity
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.
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