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Role Summary

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HIGHLIGHTS

Life consulting actuary role at Milliman in Chicago, IL. You will lead modeling, valuation, and M&A due diligence for individual life and annuities clients. This is an experienced FSA-level role with a focus on MG-ALFA, asset adequacy, and economic capital frameworks. The role requires in-office presence weekly with flexibility.

JOB DESCRIPTION SUMMARY

  • Lead life and annuity actuarial modeling and valuation projects
  • Conduct M&A due diligence and actuarial appraisals
  • Develop experience studies and actuarial assumptions
  • Work with MG-ALFA and Integrate modeling platforms
  • Hybrid role – weekly in-office in Chicago, IL

DOMAIN EXPERTISE

  • Life and annuity product modeling
  • US statutory and GAAP valuation
  • Asset adequacy analysis and cash flow testing
  • Merger and acquisition actuarial due diligence
  • Economic capital and risk-based capital frameworks

KEY REQUIREMENTS

  • FSA designation with SOA required
  • 7+ years of full-time actuarial experience
  • Strong Excel, VBA, and SAS skills
  • MG-ALFA and Integrate modeling experience required
  • Undergraduate degree in Actuarial Science or quantitative field

TECH STACK

  • Excel
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Role Summary

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HIGHLIGHTS

Life consulting actuary role at Milliman in Chicago, IL. You will lead modeling, valuation, and M&A due diligence for individual life and annuities clients. This is an experienced FSA-level role with a focus on MG-ALFA, asset adequacy, and economic capital frameworks. The role requires in-office presence weekly with flexibility.

JOB DESCRIPTION SUMMARY

  • Lead life and annuity actuarial modeling and valuation projects
  • Conduct M&A due diligence and actuarial appraisals
  • Develop experience studies and actuarial assumptions
  • Work with MG-ALFA and Integrate modeling platforms
  • Hybrid role – weekly in-office in Chicago, IL

DOMAIN EXPERTISE

  • Life and annuity product modeling
  • US statutory and GAAP valuation
  • Asset adequacy analysis and cash flow testing
  • Merger and acquisition actuarial due diligence
  • Economic capital and risk-based capital frameworks

KEY REQUIREMENTS

  • FSA designation with SOA required
  • 7+ years of full-time actuarial experience
  • Strong Excel, VBA, and SAS skills
  • MG-ALFA and Integrate modeling experience required
  • Undergraduate degree in Actuarial Science or quantitative field

TECH STACK

  • Excel

Consulting Actuary – Life Practice (Experienced FSA)

Milliman

Life/Consultancy/Senior Manager Level
Milliman

Consulting Actuary – Life Practice (Experienced FSA)

Milliman
Chicago, Illinois, United States•1mo ago
HybridIndividual Life ProtectionIndividual AnnuitiesLife Annuity Other

Job Overview

Salary
$119k - $215k
Years of Experience
7+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Experienced FSA with 7+ years in life/annuity actuarial modeling and valuation. Strong with MG-ALFA and Integrate; skilled in M&A due diligence and economic capital. Works well in a fast-paced consulting environment.

FSA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanBonus EligibleHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term Disability
Shortlist Forming
Closing Soon
31d
31 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
$119k - $215k
Years of Experience
7+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Experienced FSA with 7+ years in life/annuity actuarial modeling and valuation. Strong with MG-ALFA and Integrate; skilled in M&A due diligence and economic capital. Works well in a fast-paced consulting environment.

FSA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanBonus EligibleHSA/FSA AvailablePaid Parental LeaveLife InsuranceShort/Long Term Disability
Shortlist Forming
Closing Soon
31d
31 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."

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