Actuary Associate: M&A Due Diligence & Risk Modeling

Milliman; Chicago (IL); On-site; USD 70,000 - 76,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Retirement plan

Life/disability insurance

Job summary

Milliman is seeking an Associate Actuary in Chicago, IL to analyze mortality and other actuarial data, build probability tables, and forecast liabilities. The role includes M&A due diligence and evaluating derivatives to manage risk, with implementation of MG-ALFA-based models.

The ideal candidate holds a Master’s in Actuarial Science or related field and ASA certification, and possesses permanent US work authorization. Competitive benefits apply.

Qualifications

• Advanced degree in actuarial science or a related field.
• ASA certification and strong knowledge of life contingency risk.
• Experience with financial modeling for risk assessment in life and annuity products.

Responsibilities

• Analyze mortality, accident, sickness, disability and retirement data.
• Construct probability tables to forecast risk and future benefit liabilities.
• Conduct M&A due diligence, reviewing assumptions, risks and operations of annuities.
• Evaluate exotic derivatives to reduce risk exposure.
• Implement financial modeling and MG-ALFA-based solutions.

Skills

Statistical analysis

Actuarial modelling

Risk assessment

Mergers & Acquisitions due diligence

Financial forecasting

Education

Master's Degree in Actuarial Science or Math with actuarial concentration

ASA certification

Tools

MG-ALFA

Job description

Milliman is seeking an Associate Actuary in Chicago, IL to analyze mortality and other actuarial data, build probability tables, and forecast liabilities. The role includes M&A due diligence and evaluating derivatives to manage risk, with implementation of MG-ALFA-based models.

The ideal candidate holds a Master’s in Actuarial Science or related field and ASA certification, and possesses permanent US work authorization. Competitive benefits apply.