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Role Summary

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HIGHLIGHTS

New graduate actuarial analyst role in Milliman's Chicago Life and Financial Services practice. You'll work on either Mergers & Acquisitions (M&A valuation, modeling, due diligence) or Financial Risk Management (hedging, stochastic modeling, product development). Requires at least three SOA exams and a prior actuarial internship. In-person in Chicago with flexible work arrangements.

JOB DESCRIPTION SUMMARY

  • New graduate actuarial role in Milliman Chicago Life practice
  • Work on M&A valuation, modeling, or financial risk management
  • Requires 3+ SOA exams and prior actuarial internship
  • In-office in Chicago with flexible work arrangements
  • Opportunity to join either M&A or FRM team

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Completion of at least 3 SOA exams
  • Actuarial internship experience
  • Degree in actuarial science or quantitative field
  • Proficiency in Excel and VBA
  • Actively pursuing FSA, FRM or CFA designation

TECH STACK

  • Excel
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Role Summary

Loading...

HIGHLIGHTS

New graduate actuarial analyst role in Milliman's Chicago Life and Financial Services practice. You'll work on either Mergers & Acquisitions (M&A valuation, modeling, due diligence) or Financial Risk Management (hedging, stochastic modeling, product development). Requires at least three SOA exams and a prior actuarial internship. In-person in Chicago with flexible work arrangements.

JOB DESCRIPTION SUMMARY

  • New graduate actuarial role in Milliman Chicago Life practice
  • Work on M&A valuation, modeling, or financial risk management
  • Requires 3+ SOA exams and prior actuarial internship
  • In-office in Chicago with flexible work arrangements
  • Opportunity to join either M&A or FRM team

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Completion of at least 3 SOA exams
  • Actuarial internship experience
  • Degree in actuarial science or quantitative field
  • Proficiency in Excel and VBA
  • Actively pursuing FSA, FRM or CFA designation

TECH STACK

  • Excel

Job Overview

Salary
$66k - $116k
Years of Experience
0+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a new graduate with at least 3 SOA exams and a prior actuarial internship, eager to dive into life insurance M&A or financial risk management consulting. Strong quantitative skills and programming ability are key.

Student

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanHigh 401(k) MatchBonus EligibleHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term Disability
Fresh Role
Premium Window
0d
Posted Today

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
$66k - $116k
Years of Experience
0+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a new graduate with at least 3 SOA exams and a prior actuarial internship, eager to dive into life insurance M&A or financial risk management consulting. Strong quantitative skills and programming ability are key.

Student

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanHigh 401(k) MatchBonus EligibleHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term Disability
Fresh Role
Premium Window
0d
Posted Today

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."

Actuarial Analyst – New Graduate – 2026 Start Dates – Chicago Life, FRM, LAPA, and LTS Practices

Milliman

Life/Consultancy/IC Level
Milliman

Actuarial Analyst – New Graduate – 2026 Start Dates – Chicago Life, FRM, LAPA, and LTS Practices

Milliman

Chicago, Illinois · Hybrid · Today

Individual AnnuitiesIndividual Life Protection

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