Consulting Actuary

Milliman Ireland; Indianapolis (IN); Hybrid; USD 150,000 - 210,000; Full time

Benefits offered by this job

Competitive salary and benefits

401(k) with company match

Discretionary bonus program

Paid time off and holidays

Job summary

Milliman Indianapolis office seeks an experienced actuarial candidate with strong expertise in individual life insurance. This consultant-level role offers significant advancement potential for the right person. You will lead multiple projects, manage client relationships, mentor junior staff, and travel as needed.

A strong actuarial background and FSA are required; programming experience is preferred. In-person weekly work at the Indianapolis office is expected, with flexible arrangements

Qualifications

• FSA designation and advanced actuarial experience required.
• 10–19 years of actuarial experience in life insurance.
• Strong communication and ability to manage multiple projects.

Responsibilities

• Oversee multiple consulting projects with strong technical oversight.
• Pricing, modelling, ALM, cash flow testing, and GAAP valuation.
• Lead client relationships and mentor junior staff.
• Travel required.

Skills

Actuarial expertise

Project management

Client relationships

Mentoring

Communication

Education

Fellow of the Society of Actuaries (FSA)

Bachelor's degree

Tools

MG-ALFA

Job description

13-Indianapolis
Indianapolis, IN 46204, USA

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.

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact ) to learn more about Milliman’s commitments to our people, inclusion, and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

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.

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

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

#+LI-ONSITE

Qualifications

Education

Required

Bachelors or better.

Experience

Required

10-19 years:

Actuarial experience

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.