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Role Summary

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HIGHLIGHTS

This is a consulting actuary role in Milliman's Life Practice, focusing on individual life and annuity insurance products. Responsibilities include pricing, modeling, mergers and acquisitions, asset liability management, cash flow testing, and statutory/GAAP valuation. Requires an FSA designation and 7+ years of actuarial experience. The role is based in Chicago, IL with a hybrid work arrangement requiring weekly in-office presence.

JOB DESCRIPTION SUMMARY

  • Consulting role in Milliman's Life Practice
  • Work on pricing, modeling, M&A, ALM, cash flow testing, and valuations
  • Use MG-ALFA and Integrate modeling platforms
  • Requires FSA and 7+ years of actuarial experience
  • Hybrid role based in Chicago, IL with weekly in-office requirement

DOMAIN EXPERTISE

  • Individual life and annuity insurance products
  • Product modeling with MG-ALFA and Integrate
  • Valuation under US statutory and GAAP
  • Asset liability management and cash flow testing

KEY REQUIREMENTS

  • FSA designation with the Society of Actuaries
  • 7+ years of full-time actuarial work experience
  • Proficiency in Excel, VBA, and SAS
  • MG-ALFA and Integrate modeling experience
  • Undergraduate degree in Actuarial Science or quantitative field

TECH STACK

  • Excel
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Role Summary

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HIGHLIGHTS

This is a consulting actuary role in Milliman's Life Practice, focusing on individual life and annuity insurance products. Responsibilities include pricing, modeling, mergers and acquisitions, asset liability management, cash flow testing, and statutory/GAAP valuation. Requires an FSA designation and 7+ years of actuarial experience. The role is based in Chicago, IL with a hybrid work arrangement requiring weekly in-office presence.

JOB DESCRIPTION SUMMARY

  • Consulting role in Milliman's Life Practice
  • Work on pricing, modeling, M&A, ALM, cash flow testing, and valuations
  • Use MG-ALFA and Integrate modeling platforms
  • Requires FSA and 7+ years of actuarial experience
  • Hybrid role based in Chicago, IL with weekly in-office requirement

DOMAIN EXPERTISE

  • Individual life and annuity insurance products
  • Product modeling with MG-ALFA and Integrate
  • Valuation under US statutory and GAAP
  • Asset liability management and cash flow testing

KEY REQUIREMENTS

  • FSA designation with the Society of Actuaries
  • 7+ years of full-time actuarial work experience
  • Proficiency in Excel, VBA, and SAS
  • MG-ALFA and Integrate modeling experience
  • Undergraduate degree in Actuarial Science or quantitative field

TECH STACK

  • Excel

Job Overview

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

Ideal Candidate Profile

Ideal for an experienced FSA with 7+ years in individual life and annuity consulting or carrier roles, who enjoys diverse assignments in pricing, modeling, and M&A, and is proficient in MG-ALFA, VBA, and SAS.

FSA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanAnnual BonusHSA/FSA AvailableGenerous VacationPaid Parental LeaveLife InsuranceShort/Long Term Disability
Shortlist Forming
Closing Soon
45d
45 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

Ideal for an experienced FSA with 7+ years in individual life and annuity consulting or carrier roles, who enjoys diverse assignments in pricing, modeling, and M&A, and is proficient in MG-ALFA, VBA, and SAS.

FSA

Benefits

Health InsuranceDental InsuranceVision Insurance401(k) PlanAnnual BonusHSA/FSA AvailableGenerous VacationPaid Parental LeaveLife InsuranceShort/Long Term Disability
Shortlist Forming
Closing Soon
45d
45 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."

Consulting Actuary – Life Practice (Experienced FSA)

Milliman

Life/Consultancy/IC Level
Milliman

Consulting Actuary – Life Practice (Experienced FSA)

Milliman
Chicago, Illinois, United States•1mo ago
HybridIndividual Life ProtectionIndividual Annuities

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