At a Glance
- Tasks: Drive business growth by researching leads and crafting marketing strategies.
- Company: Join Milliman, a leader in actuarial consulting with a collaborative culture.
- Benefits: Enjoy competitive pay, health coverage, flexible work options, and career development.
- Other info: Fast-paced environment with opportunities for travel and professional growth.
- Why this job: Be part of a dynamic team making a real impact in the insurance industry.
- Qualifications: Bachelor's degree and 2 years in business development; strong communication skills required.
The predicted salary is between 31500 - 38500 £ per year.
Who We Are
The Atlantic Region Property and Casualty 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 develop the cutting-edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnerships to advance the financial well-being of people everywhere.
What You Will Do
Members of Milliman’s Atlantic Region Property and Casualty (ARPC) practice are well-known and respected in the industry for their expertise.
Our practice now welcomes the expertise of a Business Development Analyst.
As a natural connector of people and ideas, our ideal candidate will enjoy digging into research, building marketing plans, and putting their sixth sense to work in identifying new leads.
This key team member will assist in many aspects of differentiation and growth in our target markets and segments, such as captive insurance companies, self-insured corporations/entities, insurers and reinsurers, managing general agents, and public entity risk pools, and help us explore future possible areas of specialty.
Responsibilities in this role will include
- Organizing business development activities across the practice (e. g., active prospects, content and collateral, areas of expertise, etc.)
- Partner with internal segment leads to design marketing strategies, then manage execution to generate leads and prospects
- Research companies and organizations, using publicly available data as well as uncovering market knowledge to identify issues and opportunities, and develop lists of probable leads and contacts
- Work with practice consultants and Milliman’s Business Development team to generate targeted prospect lists such as conference attendees; arrange in-person meetings; follow up with targeted communication
- Assist in developing proposals, marketing content and collateral pieces
- Provide quarterly updates of business development activity to practice leadership
- After gaining understanding of industry and market segments, attend conferences and sit in on visits with prospects, in support of the various business development initiatives
- Collaborate with other Milliman disciplines to build a high‑quality pipeline of opportunities and drive revenue growth
- What We Are Looking For
- Professional Qualifications
- Completed Bachelor’s degree or higher at the time of application
- A minimum of two years of professional experience in business development support
- Demonstrated ability to develop relationships with client prospects
- Excellent written and verbal communication skills
- Able to use AI tools such as Chat GPT to fine-tune original communications
- Substantial experience with Microsoft Office Suite (Power Point, Excel, Outlook, Word, Teams)
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
- Able to ascertain a prospect’s true need and identify a business opportunity
- Superb attention to detail and dedication to technical accuracy
- Strong organization skills, particularly when balancing numerous concurrent deadlines and deliverables, projects with varying timelines, and multiple internal and external stakeholders
- Accustomed to working in a fast‑paced environment, and willing to put in extra effort when required
- Demonstrated leadership and creative thinking abilities
- Intellectual curiosity about the topics of risk, Milliman, and the work of our practice
- Self‑starter, with excellent time management including collaboration across time zones
- Preferred Qualifications
- Experience using Microsoft Dynamics CRM
- Education in economics, business, sales, marketing
- Experience in insurance industry (ideally P&C)
- Exposure to actuarial concepts such as pricing, reserving, predictive modeling, capital modeling, enterprise risk management, and/or reinsurance‑related actuarial topics for North American and/or European companies
- Location
This role is based out of the Milliman Wakefield, MA or Burlington, VT office.
Candidates hired for this role must be willing to work in‑person in either location, per practice policy.
Candidates must also be willing to travel as needed for meetings, conferences, and team events, anticipated to be 10-20% nationwide.
The expected application deadline for this job is August 15, 2026.
Compensation
- The overall salary range for this role is $65,200 - $119,830. For candidates residing in:
- Massachusetts the salary range is $74,980 - $119,830.
- Vermont the salary range is $65,200 - $104,200.
A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
About Milliman
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
Milliman Benefits
We offer a comprehensive benefits package designed to support employees’ health, financial security, and well‑being. Benefits include:
- Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
- Employee Assistance Program (EAP) – Confidential support for personal and work‑related challenges.
- 401(k) Plan – Includes a company matching program and profit‑sharing contributions.
- Discretionary Bonus Program – Recognizing employee contributions.
- Flexible Spending Accounts (FSA) – Pre‑tax savings for dependent care, transportation, and eligible medical expenses.
- Paid Time Off (PTO) – Begins accruing on the first day of work.
Full‑time employees accrue 15 days per year, and employees working less than full‑time accrue PTO on a prorated basis.
- Holidays – A minimum of 10 paid holidays per year.
- Family Building Benefits – Includes adoption and fertility assistance.
- Paid Parental Leave – 11 weeks of paid leave for employees who meet eligibility criteria.
- Life Insurance & AD&D – 100% of premiums covered by Milliman.
- Short‑Term and Long‑Term Disability – Fully paid by Milliman.
- 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.
Massachusetts Required Lie Detector Notice
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
An employer who violates this law shall be subject to criminal penalties and civil liability.
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Business Development Analyst - Atlantic Region P&C - Hybrid U.S. in Wakefield employer: Milliman
Milliman is an exceptional employer that prioritises employee growth and development, offering a comprehensive benefits package that includes medical coverage, a 401(k) plan with matching contributions, and generous paid time off. With a strong commitment to diversity and inclusion, Milliman fosters a collaborative work culture where employees are encouraged to engage in meaningful projects and community initiatives, making it an ideal place for those seeking a rewarding career in the insurance and actuarial consulting field.
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We think this is how you could land Business Development Analyst - Atlantic Region P&C - Hybrid U.S. in Wakefield
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We think you need these skills to ace Business Development Analyst - Atlantic Region P&C - Hybrid U.S. in Wakefield
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