Actuarial Associate / Senior Actuarial Associate

Milliman is seeking suitable candidates with strong analytical, problem-solving, technical and communication skills to join our life practice based in Colombo as Senior Actuarial Associates / Actuarial Associates

We present an ideal opportunity for actuarial professionals to hone their technical and communication skills, while collaborating with our team of actuarial experts from across the world, on a range of actuarial projects, in a fast-paced, challenging and rewarding environment.

Key responsibilities:

• Work closely with our team of consultants working across the globe, while delivering high-quality projects to our global client base
• Work on a diverse range of actuarial projects (actuarial modelling, valuations, pricing, business planning, mergers and acquisitions, amongst others)
• Contribute to research and drive innovative new solutions
• Work effectively and efficiently in project teams led by senior actuaries
• Help develop and maintain client relationships
• Work in a flexible, but fast-paced environment

Ideal candidate profile:

• 2-8 years of professional experience in the life insurance / actuarial domain
• Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)
• Demonstrable progress in actuarial examinations from a recognized professional body / institute
• Strong understanding of actuarial principles with hands-on experience across key actuarial domains
• Experience of using commonly used actuarial software and / or other commonly used programming languages
• Ability to work in a highly collaborative environment as well as independently with minimum supervision
• Ability to take ownership of a technical challenge and see it through to its successful conclusion
• Excellent analytical and communication skills
• Driven and self-motivated

What we offer:

• Opportunity to work with local and international market experts on a wide variety of projects
• Competitive remuneration and annual performance-based bonuses
• Comprehensive actuarial exam support, including structured coaching, exam-based salary increments, and financial support
• Opportunity for continuous training and development
• Flexible working arrangements

About Milliman

Milliman is among the world 's largest independent actuarial and consulting firms. Founded in 1947, Milliman has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, and the Middle East. With more than 5,000 employees and revenues of US$1.64 billion in 2024, the firm serves the full spectrum of business, governmental, and financial organisations. In Asia-Pacific, Milliman has over 600 employees working across 13 offices in Colombo, Kuala Lumpur, Jakarta, Singapore, Hong Kong, Beijing, Shanghai, Taipei, Gurgaon, Mumbai, Seoul, Tokyo and Sydney in life and financial, healthcare, property and casualty, and employee benefits consulting practices. For further information, visit milliman.com.