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Associate Actuary - ASA Required

MillimanChicago, United States4mo ago
HybridIndividual Life ProtectionIndividual AnnuitiesM&AAsset-Liability ManagementRegulatory Reporting

Role Summary

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HIGHLIGHTS

Associate actuary (Life) in Milliman's Chicago life consulting practice. Work on M&A due diligence, cash flow testing, ALM, valuation and financial reporting for individual life and annuity products. Requires ASA status and 2+ years actuarial experience; position is based in Chicago with weekly in-office presence.

JOB DESCRIPTION SUMMARY

  • Work on M&A, valuation, cash flow testing and ALM for individual life and annuities
  • Develop experience studies, assumptions, and regulatory/GAAP valuation models
  • Use actuarial platforms including MG-ALFA and Integrate; proficiency in Excel, VBA, SAS
  • Chicago-based role with required weekly in-office attendance; flexible arrangements considered
  • ASA required and actively pursuing the FSA; minimum 2 years of actuarial experience

DOMAIN EXPERTISE

  • 2+ years in an actuarial role

KEY REQUIREMENTS

  • SOA ASA designation required
  • Actively pursuing the FSA designation
  • Undergraduate degree in actuarial science or similar quantitative field
  • Minimum of 2 years of full-time actuarial work experience
  • Ability to work in-person in Chicago office on a weekly basis

TECH STACK

  • Excel