Business Innovation Consultant - IntelliScript (Remote)

What We Do

Milliman IntelliScript is a group of a few hundred experts in fields ranging from actuarial science to information technology to clinical practice. Together, we develop and deploy category-defining, data-driven, software-as-a-service (SaaS) products for a broad spectrum of insurance clients. We're a business unit within Milliman, Inc., a respected consultancy with offices around the world.

Candidates who have their pick of jobs are drawn to IntelliScript's entrepreneurial and collaborative culture of innovation, excellence, exceptional customer service, balance, and transparency. Every single person has a voice in our company, and we challenge each other to push the outer limits of our full, diverse potential. And, we've shown sustained growth that ensures you'll have room to grow your skillset, responsibilities, and career.

Our team is smart, down-to-earth, and ready to listen to your best ideas. We reward excellence and offer competitive compensation and benefits. Visit our LinkedIn page for a closer look at our company, and learn more about our cultural values here.

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 (ERGs) 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 website to learn more about Milliman's commitments to our people, diversity and inclusion, social impact, and sustainability.

What this position entails

At IntelliScript, we are never comfortable with the status quo. We have taken several products through the market adoption curve and expect more to follow. We pursue opportunities for new growth, and expand into new processes, businesses and markets. Our product suite combines leading edge data, analytics, reporting engines, predictive models, clinical expertise, and technical expertise - all of which can be used to identify, create and pursue new business development (BD) opportunities.

Working with the Director of Business Development, BD Sales Consultants, BD Analyst and various internal experts, the Business Innovation Consultant (BIC) identifies, pursues and supports new products and services across various markets and industries. In this highly strategic role, the BIC will be stretched and challenged to continually learn new concepts, and adapt to new environments and support new market opportunities. Building new revenue streams that facilitate diversified growth is central to Milliman IntelliScript's business strategy, highly valued by management, and rewarding to the individual.

What you will be doing

• Play a strategic and vital role in growing business development (BD) efforts
• Represent a successful, well-respected company occupying a unique niche in the market
• Innovation and ideas are always welcome at IntelliScript
• Milliman demonstrates work-life integration through a variety of perks and programs
• Success is highly visible - and rewarded (internal growth, bonus plan, etc.)
• Support the development of the business plan and go-to-market strategy for new ventures and opportunities
• Facilitate "blue sky" new product generation and innovation
• Diversify our revenue stream by identifying new opportunities and developing new solutions outside the insurance industry (including life sciences, legal and other new ventures).
• Listen to clients, prospects and potential partners; probe deeper to understand true business needs (i.e. opportunities); build scalable solutions collaboratively; develop studies that will help them to evaluate our BD products
• Communicate with companies, industry leaders and experts to research the viability of new BD ideas
• Engage other IntelliScript business units throughout the BD cycle; advise our internal experts on the best way to illustrate value proposition for new clients and opportunities
• Advise leadership on Milliman mergers and acquisition activities to evaluate inorganic growth opportunities and make recommendations on a firm-wide M&A framework.
• Ensure the smooth transition of new products from BD to Sales and Product Management
• Seek knowledge of current and relevant political, legislative, and market conditions for our new ventures, and be able to translate information into potential customer business needs
• Develop and build from a solid understanding of all IntelliScript business solutions, product offerings, clients, partners, areas of expertise, capabilities and resources

What we need

• Bachelor's Degree in, economics, mathematics, or other field with quantitative course work
• 5 or more years of professional experience in entrepreneurial business development, sales and/or product development roles
• Proven experience developing new products for existing and new markets
• Past experience and continued ability to travel nationwide

What you bring to the table

• Energetic, tenacious, resourceful
• Demonstrated "let's find a way to do it" attitude - no task is too big or too small
• Demonstration of strong business acumen and problem solving skills
• Driven to leverage data and analytics in BD opportunities
• Innovative, energetic, hard-working, self-driven, resourceful
• Thrive in an entrepreneurial and collaborative culture
• Able to see the "big picture" while chasing the details and driving a process
• Exceptional communication skills: articulate and professional when speaking with or emailing clients, prospects and colleagues
• Capable of presenting and facilitating productive discussions in group settings
• Considerate when listening to a client issue or needs, thoughtful in responding, and creative in solving problems
• Provide and receive constructive feedback
• Excellent prioritization of multiple concurrent tasks, such as projects in different phases
• Curiosity, always seeking out learning opportunities both internally and externally

Wish list

• Continued education and/or advanced degree(s)
• Experience in insurance, health care, financial services, actuarial science, and/or software-as-a-service (SaaS)
• Previous use of customer management systems, such as Salesforce

Location

The expected application deadline for this job is August 8, 2025. This position is open to remote work. Applicants must be willing to travel to the Milliman office in Brookfield, WI as needed and travel nationwide for meetings, conferences, and team events (up to 20%).

Compensation

The overall salary range for this role is $165,100 - $326,760. For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $181,610 - $299,530.
• New York City, Newark, San Jose, or San Francisco the salary range is $198,120 - $326,760.
• All other locations the salary range is $165,100 - $272,300.

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

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.