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Role Summary

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HIGHLIGHTS

Life-focused actuarial analyst role supporting Variable Annuities and Fixed Indexed Annuities in Chicago. You will build stochastic models, design dynamic hedging programs, perform GAAP and statutory valuation, and support M&A due diligence. The role requires at least two years of actuarial experience, three SOA exams passed, and active pursuit of the FSA.

JOB DESCRIPTION SUMMARY

  • Work on Variable Annuities and Fixed Indexed Annuities valuation and hedging
  • Design and execute dynamic hedging programs and stochastic RBC models
  • Perform GAAP and statutory financial reporting and M&A due diligence
  • Collaborate with FRM, Chicago Life, LTS and communicate directly with clients
  • Onsite presence in Chicago office required weekly; flexible arrangements considered

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Undergraduate degree in Actuarial Science or similar quantitative field
  • Actively pursuing the FSA designation
  • Minimum of 2 years of actuarial experience (excluding internships)
  • Minimum of three SOA exams passed

TECH STACK

  • No tech stack specified
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Role Summary

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HIGHLIGHTS

Life-focused actuarial analyst role supporting Variable Annuities and Fixed Indexed Annuities in Chicago. You will build stochastic models, design dynamic hedging programs, perform GAAP and statutory valuation, and support M&A due diligence. The role requires at least two years of actuarial experience, three SOA exams passed, and active pursuit of the FSA.

JOB DESCRIPTION SUMMARY

  • Work on Variable Annuities and Fixed Indexed Annuities valuation and hedging
  • Design and execute dynamic hedging programs and stochastic RBC models
  • Perform GAAP and statutory financial reporting and M&A due diligence
  • Collaborate with FRM, Chicago Life, LTS and communicate directly with clients
  • Onsite presence in Chicago office required weekly; flexible arrangements considered

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Undergraduate degree in Actuarial Science or similar quantitative field
  • Actively pursuing the FSA designation
  • Minimum of 2 years of actuarial experience (excluding internships)
  • Minimum of three SOA exams passed

TECH STACK

  • No tech stack specified

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Job Overview

Salary
$78k - $136k
Years of Experience
2+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Associate-level life actuary with 2+ years working on Variable Annuities or similar annuity products, 3+ SOA exams passed and actively pursuing FSA, who enjoys building stochastic models, hedging programs, and presenting analyses to clients.

Student

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanAnnual BonusShort/Long Term DisabilityLife InsuranceHSA/FSA AvailablePaid Parental LeaveGenerous Vacation
Fresh Role
Premium Window
3d
3 days ago

Strategy: Maximize Application Quality

Applications submitted within 72 hours are 2x more likely to land an interview.

"Recruiters are actively watching. Take time to tailor your keywords."

Job Overview

Salary
$78k - $136k
Years of Experience
2+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Associate-level life actuary with 2+ years working on Variable Annuities or similar annuity products, 3+ SOA exams passed and actively pursuing FSA, who enjoys building stochastic models, hedging programs, and presenting analyses to clients.

Student

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanAnnual BonusShort/Long Term DisabilityLife InsuranceHSA/FSA AvailablePaid Parental LeaveGenerous Vacation
Fresh Role
Premium Window
3d
3 days ago

Strategy: Maximize Application Quality

Applications submitted within 72 hours are 2x more likely to land an interview.

"Recruiters are actively watching. Take time to tailor your keywords."

Life/Consultancy/IC Level
Milliman

Actuarial Analyst- FRM, Chicago Life, and LTS

Milliman•Chicago, United States•3d ago
HybridIndividual AnnuitiesLife Annuity OtherAsset-Liability ManagementRegulatory ReportingCapital Modelling & Economic Capital