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Role Summary

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HIGHLIGHTS

Senior life consulting actuary role in Chicago focusing on individual life and annuity products. Responsibilities include valuation (statutory, GAAP), ALM/cash flow testing, M&A due diligence, and capital assessment. Requires FSA designation, 7+ years of actuarial experience, and proficiency with MG-ALFA, Integrate, Excel/VBA/SAS. Role is based in Milliman's Chicago office with weekly in-person attendance expected.

JOB DESCRIPTION SUMMARY

  • Consulting actuary in Life Practice focused on individual life and annuities
  • Perform valuation, ALM cash flow testing, experience studies, and capital analysis
  • Support M&A due diligence and implement MG-ALFA/Integrate modelling solutions
  • Senior role requiring FSA and 7+ years of actuarial experience
  • Chicago-based role with weekly in-person attendance; flexible arrangements considered

DOMAIN EXPERTISE

  • individual life and annuity product modeling
  • MG-ALFA and Integrate platform experience
  • asset adequacy and cash flow testing
  • GAAP and US statutory valuation models
  • RBC and economic capital assessment

KEY REQUIREMENTS

  • FSA designation (Society of Actuaries) required
  • Minimum 7 years of full-time actuarial experience
  • Undergraduate degree in actuarial science or quantitative field required
  • Experience with MG-ALFA and Integrate platform solutions
  • Proficiency in Excel, VBA, and SAS

TECH STACK

  • Excel
  • PowerPoint
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Role Summary

Loading...

HIGHLIGHTS

Senior life consulting actuary role in Chicago focusing on individual life and annuity products. Responsibilities include valuation (statutory, GAAP), ALM/cash flow testing, M&A due diligence, and capital assessment. Requires FSA designation, 7+ years of actuarial experience, and proficiency with MG-ALFA, Integrate, Excel/VBA/SAS. Role is based in Milliman's Chicago office with weekly in-person attendance expected.

JOB DESCRIPTION SUMMARY

  • Consulting actuary in Life Practice focused on individual life and annuities
  • Perform valuation, ALM cash flow testing, experience studies, and capital analysis
  • Support M&A due diligence and implement MG-ALFA/Integrate modelling solutions
  • Senior role requiring FSA and 7+ years of actuarial experience
  • Chicago-based role with weekly in-person attendance; flexible arrangements considered

DOMAIN EXPERTISE

  • individual life and annuity product modeling
  • MG-ALFA and Integrate platform experience
  • asset adequacy and cash flow testing
  • GAAP and US statutory valuation models
  • RBC and economic capital assessment

KEY REQUIREMENTS

  • FSA designation (Society of Actuaries) required
  • Minimum 7 years of full-time actuarial experience
  • Undergraduate degree in actuarial science or quantitative field required
  • Experience with MG-ALFA and Integrate platform solutions
  • Proficiency in Excel, VBA, and SAS

TECH STACK

  • Excel
  • PowerPoint

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Job Overview

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

Ideal Candidate Profile

Ideal for a senior FSA with 7+ years in individual life and annuity consulting who has strong quantitative skills, MG-ALFA/Integrate experience, and proficiency in Excel/VBA and SAS.

FSA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanHigh 401(k) MatchAnnual BonusHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term Disability
Shortlist Forming
Closing Soon
59d
59 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
7+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a senior FSA with 7+ years in individual life and annuity consulting who has strong quantitative skills, MG-ALFA/Integrate experience, and proficiency in Excel/VBA and SAS.

FSA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanHigh 401(k) MatchAnnual BonusHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term Disability
Shortlist Forming
Closing Soon
59d
59 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

Consulting Actuary - Life Practice (Experienced FSA)

Milliman•Chicago, United States•1mo ago
HybridIndividual Life ProtectionIndividual AnnuitiesAsset-Liability ManagementRegulatory ReportingCapital Modelling & Economic Capital