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Salary
$106k - $114k

Role Summary

Role type

Capital and risk strategy specialist

Closer to capital and risk strategy than a pure modelling role because transaction due diligence and derivatives risk judgment distinguish the work.

Associate Life actuarial role in Chicago supporting M&A due diligence and risk analysis for variable and fixed indexed annuities. You’ll assess mortality and other liability assumptions, evaluate exotic derivatives, analyze risk-management programs, and implement financial modelling solutions using MG-ALFA and Integrate. A master’s degree and ASA certification are required; the role is onsite and pays $106,080-$114,400 annually.

Requirements

Must have

  • Master's degree in Actuarial Science, Mathematics with concentration in Actuarial Science, Statistics, Science with concentration in Actuarial Science, or equivalent
  • ASA certification
  • Permanent US work authorization

Strongly preferred

  • Analyze statistical data such as mortality, accident, sickness, disability & retirement rates
  • Conduct M&A due diligence including review of assumptions, risks & operations of Variable Annuities and/or Fixed Indexed Annuities
  • Evaluate appropriateness of exotic derivatives in reducing company's risk exposure
  • Implement financial modeling & tech solutions using MG-ALFA & Integrate

Skills & Domain

ToolsExcel
DomainM&A due diligenceVariable AnnuitiesFixed Indexed AnnuitiesExotic derivatives risk evaluation

Job Overview

Salary
$106k - $114k

Ideal Candidate Profile

Ideal for an ASA-qualified Life actuary with a relevant master’s degree and experience in annuity M&A due diligence. The strongest fit will understand ALM, derivatives risk and financial modelling, and be comfortable with technically varied consulting work.

ASA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanLife InsuranceShort/Long Term Disability

Associate Actuary

Milliman India

Life/Consultancy/IC Level
Milliman India

Associate Actuary

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