Job Description

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 ( https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, inclusion, and sustainability.

What You Will Do

Milliman’s Milwaukee-based property and casualty practice is a leading expert in evaluating mortgage collateral for government agencies, mortgage lenders, insurers, reinsurers, and investors. Our consulting work is supported by a powerful toolkit of data analytics solutions informed by years of in-depth work in the mortgage industry.

The Mortgage Servicing Analyst is responsible for transforming raw data into actionable insights, optimizing data processes, building best-in-class predictive models, and supporting strategic decision-making. As the inaugural hire into this role, we are in search of a proactive individual who excels in an environment of innovation and continuous improvement. The ideal candidate possesses the ability to collaborate with client-facing consultants to understand requirements and develop insightful data-driven solutions.

Responsibilities in this role will include:

• Perform mortgage servicing rights (MSR) mark-to-market analysis and compile client reports under strict timeframes.
• Complete MSR collateral analysis to support lending activities.
• Analyze industry trends for insights to various model enhancements.
• Design, normalize and enhance SQL databases for large data sets to facilitate analysis.
• Design and perform ad hoc projects to meet client specific requirements.
• Create automations in SQL, R, or VBA to create efficiencies.
• Communicate directly with clients during the valuation process.
• Design and perform ad hoc projects to meet client specific requirements.
• Identify and define both process and data improvements.
• Manage multiple projects concurrently and seamlessly switch priorities as needed.

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.

What We Are Looking For

Professional Qualifications

• At least one year of experience as a consultant producing MSR valuations
• At least one year of experience with Compass Analytics
• At least one year of experience working with mortgage loan tapes and mapping disparate loans tapes to a consistent format

• Ability to query, summarize, and analyze large data sets
• Advanced Excel skills
• Moderate SQL skills
• Completed bachelor’s degree or higher in finance, economics, or related analytical field

Personal Qualifications

• Strong critical thinking, technical, and analytical skills
• Superb attention to detail and dedication to technical accuracy

• Excellent written and verbal business communication, including ability to effectively interact with clients.
• Comfortable with the challenges and opportunities that come with working for a smaller entrepreneurial organization.
• Sound business judgment.

• 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

• Exposure and understanding of discounted cash flow analysis
• Mortgage banking industry, mortgage servicing rights or exposure to Compass Analytics model a plus.

Location

This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations, if they prefer. Applicants must be willing to travel on occasion for meetings, conferences, and team events.

The expected application deadline for this job is December 1, 2025.

Compensation

The overall salary range for this role is $59,200 - $109,020.

For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City,

Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $68,080 - $109,020.

• All other locations the salary range is $59,200 - $94,800.

A combination of factors will be considered in determining final compensation, including but not limited to education (including passed actuarial exams), relevant work experience, qualifications, skills, and certifications.

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 – Up to 12 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.