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Role Summary

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HIGHLIGHTS

Associate Actuary (Life) in Milliman's Chicago life consulting practice. You will work on M&A due diligence, cash flow testing, ALM, valuation, and financial reporting for individual life and annuity products. Requires ASA and 2+ years actuarial experience; hybrid role with in-person work in Chicago expected weekly.

JOB DESCRIPTION SUMMARY

  • Work in Milliman's Life Consulting Practice on individual life and annuity work
  • Perform M&A due diligence, cash flow testing, ALM and valuation projects
  • Use Excel, VBA and SAS; work with MG-ALFA and Integrate platform solutions
  • ASA required and actively pursuing the FSA; minimum 2 years full-time actuarial experience
  • In-person in Chicago office weekly; flexible arrangements may be considered

DOMAIN EXPERTISE

  • Individual life and annuity product modeling
  • Cash flow testing and asset adequacy analysis
  • Valuation and financial reporting for US statutory and GAAP
  • Actuarial due diligence for M&A transactions

KEY REQUIREMENTS

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

TECH STACK

  • Excel
  • PowerPoint
  • SAS_Enterprise_Guide
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Role Summary

Loading...

HIGHLIGHTS

Associate Actuary (Life) in Milliman's Chicago life consulting practice. You will work on M&A due diligence, cash flow testing, ALM, valuation, and financial reporting for individual life and annuity products. Requires ASA and 2+ years actuarial experience; hybrid role with in-person work in Chicago expected weekly.

JOB DESCRIPTION SUMMARY

  • Work in Milliman's Life Consulting Practice on individual life and annuity work
  • Perform M&A due diligence, cash flow testing, ALM and valuation projects
  • Use Excel, VBA and SAS; work with MG-ALFA and Integrate platform solutions
  • ASA required and actively pursuing the FSA; minimum 2 years full-time actuarial experience
  • In-person in Chicago office weekly; flexible arrangements may be considered

DOMAIN EXPERTISE

  • Individual life and annuity product modeling
  • Cash flow testing and asset adequacy analysis
  • Valuation and financial reporting for US statutory and GAAP
  • Actuarial due diligence for M&A transactions

KEY REQUIREMENTS

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

TECH STACK

  • Excel
  • PowerPoint
  • SAS_Enterprise_Guide

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Job Overview

Salary
$102k - $184k
Years of Experience
2+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for an Associate-level life actuary (ASA) with 2+ years in individual life and annuity modeling, pursuing the FSA, and strong Excel/VBA/SAS skills focused on cash flow testing and valuation.

ASA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanAnnual BonusHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term DisabilityHybrid Work
Shortlist Forming
Closing Soon
40d
40 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Job Overview

Salary
$102k - $184k
Years of Experience
2+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for an Associate-level life actuary (ASA) with 2+ years in individual life and annuity modeling, pursuing the FSA, and strong Excel/VBA/SAS skills focused on cash flow testing and valuation.

ASA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanAnnual BonusHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term DisabilityHybrid Work
Shortlist Forming
Closing Soon
40d
40 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Life/Consultancy/IC Level
Milliman

Associate Actuary - ASA Required

Milliman•Chicago, United States•1mo ago
HybridIndividual Life ProtectionIndividual AnnuitiesM&AAsset-Liability ManagementRegulatory Reporting