Summer 2026 Actuarial Intern - Western Region P&C

Who We Are
Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we help 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 (https://www.milliman.com/en/social-impact) 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.

Milliman’s Western Region Property and Casualty practice focuses on developing and introducing insurtech solutions into insurance rating and sales processes, and applying advanced actuarial techniques to develop innovative insurance products for traditional and start-up insurers and the associated state regulatory rate filing support. We also do traditional actuarial work such as ratemaking, reserving, predictive modeling and competitive analysis, plus a variety of special projects.

We welcome well-rounded applicants who want to combine their academic knowledge, extracurricular involvements, leadership roles, and previous work experience in a professional services internship.

What You Will Do
Milliman’s Western Region Property and Casualty practice (WRPC) welcomes motivated college students pursuing a bachelor’s or master’s degree to partake in a summer actuarial internship.

As a summer intern, you’ll work alongside Milliman consultants who are leading in the property and casualty insurance industry, including those in senior management. Over the course of your internship, you’ll gain exposure to a variety of actuarial functions, such as product development, pricing, and reserving, concluding with the opportunity to present to your Milliman colleagues. You’ll also receive on-the-job mentorship from experienced actuaries, and actionable feedback to grow in your career.

We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work supporting new and developing markets. As such, we are committed to developing a pipeline of actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.

Responsibilities may include:

• Input and manipulate data in Excel workbooks
• Perform data analysis using Excel, VBA, SAS, R, Python
• Predictive modeling using GLM and non-linear methods to support rate analyses
• Prepare and submit state regulatory filing support
• Prepare loss reserve analyses
• Populate capital loss model templates
• Coordinate with Consultants and other Analysts as a project team to deliver client reports and deliverables
• Conduct research that supports work for any of our client projects

What We Are Looking For

Professional Qualifications

• Currently pursuing a bachelor’s degree or higher, including quantitative coursework in actuarial science, mathematics, statistics, etc.
• A minimum of one passed actuarial exam at the time of application
• Experience with data analysis using MS Excel, SAS, R, SQL or Python
• Experience using Word, PowerPoint, Outlook, and Teams

Personal Qualifications

• Strong communication skills – both in-person and written – in order to successfully collaborate with colleagues and clients
• The ability and willingness to clearly articulate questions and ideas
• Intentional about completing project-related tasks, meeting deadlines, and complying with quality control procedures
• Self-starter, takes initiative to do more
• Analytical thinking skills, considering possible solutions and downstream impact
• Excellent time management skills including collaboration across time zones
• Works well independently and within a team, especially when working virtually
• Intellectual curiosity about the topics of risk, Milliman, and the work of our practice
• Inspired to perform well by the ability to contribute to the success of a project or organization

Preferred Qualifications

• Available to work 30-40 hours per week for 10 weeks during the summer of 2026
• Two or more passed actuarial exams at the time of application
• Prior internship(s) or related work experience
• Experience using SAS, R, SQL or Python and/or other modeling or coding languages

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

Location

This is a remote position, based in the United States. Candidates hired into this role may work onsite select Milliman offices (Pasadena CA, Denver CO, Richardson TX), if they prefer. No housing or relocation assistance will be provided.

The expected application deadline for this job is February 28, 2026.

Compensation

The overall pay range for this role is $21 - $46 per hour. 

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.  

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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