Salary Pro Post a Job

Log in

Companies Blog Browse Jobs Post a Job Privacy Policy Terms and Conditions

© 2026 Acturhire. All rights reserved.

Salary Pro Post a Job

Log in

Role Summary

Loading...

HIGHLIGHTS

Associate Actuary role in Milliman's Chicago life consulting practice, serving the U.S. life insurance and annuity industry. You will support mergers & acquisitions, asset-liability management, financial modeling, and actuarial technology projects. The role emphasizes client-focused consulting, creativity, and collaboration. Ideal for an ASA actively pursuing FSA with at least 2 years of actuarial experience.

JOB DESCRIPTION SUMMARY

Support M&A transactions, due diligence, and actuarial appraisals
Develop financial models and perform cash flow testing
Analyze experience studies and set actuarial assumptions
Work on US statutory/GAAP valuation and capital frameworks
Hybrid role â in-person in Chicago office with flexible arrangements

DOMAIN EXPERTISE

Individual life and annuity insurance products
M&A transaction support
Asset-liability management
Financial modeling and reporting

KEY REQUIREMENTS

ASA designation (SOA) required
Actively pursuing FSA designation
2+ years of full-time actuarial experience (excl. internships)
Proficiency in Excel, VBA, SAS preferred
Prior consulting or individual life insurance experience a plus

TECH STACK

Excel

Salary Pro Post a Job

Log in

Role Summary

Loading...

HIGHLIGHTS

Associate Actuary role in Milliman's Chicago life consulting practice, serving the U.S. life insurance and annuity industry. You will support mergers & acquisitions, asset-liability management, financial modeling, and actuarial technology projects. The role emphasizes client-focused consulting, creativity, and collaboration. Ideal for an ASA actively pursuing FSA with at least 2 years of actuarial experience.

JOB DESCRIPTION SUMMARY

Support M&A transactions, due diligence, and actuarial appraisals
Develop financial models and perform cash flow testing
Analyze experience studies and set actuarial assumptions
Work on US statutory/GAAP valuation and capital frameworks
Hybrid role â in-person in Chicago office with flexible arrangements

DOMAIN EXPERTISE

Individual life and annuity insurance products
M&A transaction support
Asset-liability management
Financial modeling and reporting

KEY REQUIREMENTS

ASA designation (SOA) required
Actively pursuing FSA designation
2+ years of full-time actuarial experience (excl. internships)
Proficiency in Excel, VBA, SAS preferred
Prior consulting or individual life insurance experience a plus

TECH STACK

Excel

Associate Actuary - ASA Required

Milliman

Life/Consultancy/IC Level

Associate Actuary - ASA Required

Chicago, Illinois, United States•2h ago

HybridIndividual Life ProtectionIndividual Annuities

Job Overview

Salary

$102k - $184k

Years of Experience

2+ Years

Work Type

Permanent

Full Time

Ideal Candidate Profile

Ideal for an ASA with 2+ years of actuarial experience, actively pursuing FSA, who enjoys consulting on M&A, financial modeling, and ALM for individual life and annuity products. Strong Excel/VBA skills, with SAS or MG-ALFA experience a plus.

ASA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanBonus EligiblePaid Parental LeaveLife InsuranceShort/Long Term DisabilityHSA/FSA AvailableGenerous Vacation

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

$102k - $184k

Years of Experience

2+ Years

Work Type

Permanent

Full Time

Ideal Candidate Profile

Ideal for an ASA with 2+ years of actuarial experience, actively pursuing FSA, who enjoys consulting on M&A, financial modeling, and ALM for individual life and annuity products. Strong Excel/VBA skills, with SAS or MG-ALFA experience a plus.

ASA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanBonus EligiblePaid Parental LeaveLife InsuranceShort/Long Term DisabilityHSA/FSA AvailableGenerous Vacation

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."

Similar Opportunities

Actuarial Analyst

Milliman • Tampa, Florida, United States

Actuarial Intern

Milliman • Tampa, United States

Hedging & ALM Associate

Milliman • Chicago, United States

Similar Opportunities

Actuarial Analyst

Milliman • Tampa, Florida, United States

Actuarial Intern

Milliman • Tampa, United States

Hedging & ALM Associate

Milliman • Chicago, United States