Actuarial Modeling Specialist

Chicago, IL, United States

Job Description


Description :

Who We Are

Independent for 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world\xe2\x80\x99s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

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:

  • Develop and implement advanced asset models, including fixed income, equities, real estate, and alternative investments.
  • Analyze historical data and market trends to create robust projections for asset performance.
  • Assess and quantify financial risks associated with different asset classes.
  • Assist with client projects to develop financial models.
  • Help develop and deliver insightful reports, presentations, and recommendations to clients.
  • Stay up-to-date with industry best practices and regulatory changes to ensure compliance.
  • Support the development and refinement of in-house actuarial models and tools.
What We Are Looking For

Qualifications:
  • Bachelor\'s degree in Actuarial Science, Finance, Mathematics, or a related field. Advanced degrees and relevant certifications (e.g., ASA, CFA) are a plus.
  • Demonstrated experience in asset modeling, financial analysis, and risk assessment, preferably within a financial services or consulting environment.
  • Proficiency in programming languages (e.g., R, Python) and modeling software (e.g., Excel, MATLAB).
  • Strong quantitative and analytical skills with the ability to work with large datasets.
  • Exceptional communication and presentation skills to convey complex ideas to clients and team members.
  • A deep understanding of financial markets, asset classes, and investment strategies.
Candidates hired into this role will be required to work in-person in the Milliman office in Chicago, Illinois on a weekly basis, but flexible work arrangements will be considered.

Benefits

At Milliman, we focus on creating an environment that recognizes \xe2\x80\x93 and meets \xe2\x80\x93 the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:
  • Medical, dental and vision coverage for employees and their dependents, including domestic partners
  • A 401(k) plan with matching program, and profit sharing contribution
  • Employee Assistance Program (EAP)
  • A discretionary bonus program
  • Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
  • Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
  • A minimum of 8 paid holidays
  • Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
  • Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs
All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Milliman

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Job Detail

  • Job Id
    JD4375913
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chicago, IL, United States
  • Education
    Not mentioned