Position Name
Actuarial Analyst
Division
Employee Benefits
Department
Employee Benefits
Grade
ANA-1
Direct Superior
Associate Consultant
Matrix Superior
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Job Purpose
To assist Consulting Team with all aspects of consulting to our Clients, including the data validation, development and preparation of actuarial modelling and projections, and any related desk researches.
Roles and Responsibility
1. Develop and analyze robust calculation basis from members data, financial data, plan benefit polices and proposal for actuarial assumptions.
2. Develop and prepare the actuarial modelling and projections
3. Work with other team members (including senior consultants) to resolve clients’ issues and prepare a good presentation for actuarial report.
4. Prepare good project documentation in accordance with guideline and approved principles for good documentations.
5. Communicate and build a good business relationship with client
6. Prepare actuarial report as required
7. Understand and keep update on pension regulations
8. Assists any related desk researches related to projects done by Consultant Team
9. Supports Consultants team as required
10. Act based on Company's Procedures, Company's Ethics, Code of Conduct, and Practice Standards. Show highest Compliance
11. Responsible for relevant tasks assigned by Superior.
Job Specifications
Qualifications & Requirements
Bachelor’s Degree in Mathematics / Actuarial Science with minimum GPA 3.5
Master’s Degree is a plus
Good understanding of MS. Office. Strong knowledge in MS. Excel & Macro
Strong time management skills
Strong quantitative and analytical skills
Good written and spoken communication skills (in English and Bahasa)
Organized, able to prioritize, and possessing a sense of urgency.
Self-motivated, and good interpersonal skills
Good at working both individually and in a team.
Certifications
Completion of at least 3 (three) Actuarial Exams (PAI or Equivalent) is a value added
Work Experiences
0-3 years total of experience in Actuarial Discipline
Consulting Industry exposure is a plus. fresh graduates are welcome
Skills Required
- Bachelor's Degree in Mathematics / Actuarial Science with minimum GPA 3.5
- Good understanding of MS. Office and strong knowledge in MS. Excel & Macro
- Strong time management skills
- Strong quantitative and analytical skills
- Good written and spoken communication skills (in English and Bahasa)
- Self-motivated and good interpersonal skills
- Completion of at least 3 Actuarial Exams (PAI or Equivalent) is a value added
Milliman Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Milliman and has not been reviewed or approved by Milliman.
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Healthcare Strength — Core coverage includes subsidized medical, dental, and vision, plus company-paid life, AD&D, and disability. Materials highlight robust health protections as part of the standard package.
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Retirement Support — A 401(k) with matching is paired with profit-sharing contributions described as generous. These features can significantly bolster long-term compensation when contributions are strong.
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Parental & Family Support — Paid parental leave and family-building support (adoption and fertility) are available alongside caregiver and emotional support resources. These programs extend protection beyond core insurance to meet family needs.
Milliman Insights
What We Do
Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.
