Milliman Inc

Consulting Actuary

Milliman Inc$90K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 5-19 years of actuarial experience
  • Fellow of the Society of Actuaries (FSA)
  • Strong academic background in Actuarial Science or related fields
  • Proficiency in handling multiple projects with tight deadlines
  • Excellent written and verbal communication skills
  • Experience with actuarial software and programming languages

Responsibilities

  • Manage multiple actuarial consulting projects simultaneously
  • Conduct pricing, modeling, and valuation for various insurance products
  • Develop and support products including ULSG, Whole Life, and Annuities
  • Expand client relationships and act as the primary point of contact
  • Mentor junior and mid-level actuarial staff
  • Travel periodically as required

Benefits

  • Comprehensive medical, dental, and vision coverage for employees and dependents
  • Employee Assistance Program for personal and work issues
  • 401(k) Plan with company match and profit-sharing
  • Discretionary bonus recognition program
  • Flexible Spending Accounts for eligible expenses
  • Paid Time Off starting at 15 days per year
  • Minimum of 10 paid holidays annually
  • Family building benefits, including adoption and fertility assistance
  • Up to 12 weeks of paid parental leave for eligible employees
  • Fully covered life insurance and disability benefits
Full Job Description
Description

The Indianapolis, Indiana office of Milliman, an international firm of actuaries and consultants is seeking an experienced actuarial candidate, with strong expertise in individual life insurance. This is a consultant level position with significant advancement potential for the right person.

What You Will Do

In this role, you will focus on:

  • Project management and technical expert, overseeing multiple consulting projects at the same time
  • Wide variety of assignments, including pricing, modelling, mergers & acquisitions, asset liability management, cash flow testing, statutory, tax, and GAAP valuation.
  • Product development and support experience in the following product areas:
    • ULSG,
    • Whole Life
    • Term Life
    • Annuities, and/or
    • Combination Life/Health products,
  • Lead role in managing and expanding client relationships
  • Mentor junior and mid-level actuarial staff
  • Requires some travel


What We Are Looking For

Professional/Personal Qualifications

  • Strong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degree
  • Fellow of the Society of Actuaries (FSA)
  • Strong work ethic and ability to work independently
  • Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines
  • Strong written and verbal communication skills are required
  • Experience with actuarial software applications


Preferred Qualifications

  • 10 - 19 years actuarial experience
  • Expertise in principles-based reserves (from both pricing and valuation perspectives)
  • Computer programming experience in various programming languages, and experience working with Artificial Intelligence
  • Experience working with MG-ALFA


Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

The Team

Milliman offers a high-performance but relatively casual work environment in Indianapolis. We offer competitive salaries and excellent benefits.

Location

Milliman accepts applicants for this opportunity and hires from this posted opportunity on an ongoing basis. There is no anticipated closure date for this job posting.

Candidates hired into this role will be required to work in-person in the Milliman office in Indianapolis, Indiana on a weekly basis, but flexible work arrangements will be considered.

Compensation

A combination of factors will be considered to determine the compensation for this role, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Benefits

We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:

  • Medical, Dental and Vision - Coverage for employees, dependents, and domestic partners
  • Employee Assistance Program (EAP) - Confidential support for personal and work-related challenges
  • 401(k) Plan - Includes a company matching program and profit-sharing contributions.
  • Discretionary Bonus Program - Recognizing employee contributions
  • Flexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expenses
  • Paid Time Off (PTO) - Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis
  • Holidays - A minimum of 10 paid holidays per year
  • Family Building Benefits - Includes adoption and fertility assistance
  • Paid Parental Leave - Up to 12 weeks of paid leave for employees who meet eligibility criteria
  • Life Insurance & AD&D - 100% of premiums covered by Milliman
  • Short-Term and Long-Term Disability - Fully paid by Milliman


#LI-ONSITE

About Milliman Inc

Milliman is a global consulting firm that provides actuarial, risk management, and healthcare consulting services. The company's clients include insurance companies, healthcare providers, and government agencies. Milliman's services are designed to help clients manage risk, improve financial performance, and comply with regulatory requirements. The company was founded in 1947 and is headquartered in Seattle, Washington. Milliman has offices in North America, Europe, Asia, and Australia.
Learn more about Milliman Inc
Size
4,000 employees
Industry
Founded
1947

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