acturhire
CompaniesBlog
Log in
CompaniesBlogBrowse JobsPost a JobPrivacy PolicyTerms and Conditions
© 2026 Acturhire. All rights reserved.
acturhire
CompaniesBlog
Log in
Back to Search

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
acturhire
CompaniesBlog
Log in

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

Similar Opportunities

Milliman
2mo ago

Actuarial Intern

Milliman • Tampa, United States

$44k - $73k
Milliman
2mo ago

Hedging & ALM Associate

Milliman • Chicago, United States

$85k - $141k
Milliman
2mo ago

Medicaid Actuary (FSA)

Milliman • Denver, United States

$104k - $243k

Similar Opportunities

Milliman
2mo ago

Actuarial Intern

Milliman • Tampa, United States

$44k - $73k
Milliman
2mo ago

Hedging & ALM Associate

Milliman • Chicago, United States

$85k - $141k
Milliman
2mo ago

Medicaid Actuary (FSA)

Milliman • Denver, United States

$104k - $243k

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
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
$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
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

Associate Actuary - ASA Required

Milliman•Chicago, United States•3d ago
HybridIndividual Life ProtectionIndividual AnnuitiesM&AAsset-Liability ManagementRegulatory Reporting