Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Consulting Actuary

Milliman

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 ( 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.

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


Equal Opportunity

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 Bachelors (required)
Experience 10 - 19 years: Actuarial experience (required)


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.
Vacancy posted 1 day ago
Similar jobs that could be interesting for youBased on the Consulting Actuary in Indianapolis, IN vacancy
  • DescriptionThe 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... 
    Suggested
    Full time
    Work experience placement
    Casual work
    Work at office
    Worldwide
    Flexible hours

    Milliman

    Indianapolis, IN
    1 day ago
  • $89.83k - $170.21k

     ...Actuarial Analyst IIILocation: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with... 
    Suggested
    Traineeship
    Work at office
    Local area
    2 days per week
    1 day per week

    Elevance Health

    Indianapolis, IN
    4 days ago
  •  ...Nyhart, now part of FuturePlan by Ascensus®, is an award-winning consulting, actuarial, and administration services company. We're dedicated to maximizing the potential of our human resources and are committed to recruiting, developing, rewarding, and retaining a workforce... 
    Suggested
    Local area
    Remote work

    Ascensus

    Indianapolis, IN
    3 days ago
  •  ...Anticipated End Date: 2026-05-31 Position Title: Actuarial Analyst II Job Description: Actuarial Analyst II Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity... 
    Suggested
    Temporary work
    Work at office
    Local area
    2 days per week
    1 day per week

    The Elevance Health Companies, Inc.

    Indianapolis, IN
    3 days ago
  • $89.83k - $170.21k

    Anticipated End Date: 2026-08-28 Position Title: Actuarial Analyst III Job Description: Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility... 
    Suggested
    Traineeship
    Work experience placement
    Work at office
    Local area
    2 days per week
    1 day per week

    Elevance Health

    Indianapolis, IN
    2 days ago
  •  ...Dormont Manufacturing Co is seeking an Actuarial Analyst II in Indianapolis, Indiana. This role requires a combination of in-office collaboration and virtual work, promoting flexibility while ensuring productivity. The ideal candidate will perform complex actuarial studies... 
    Work at office

    Dormont Manufacturing Company

    Indianapolis, IN
    2 days ago
  • $81.07k - $129.71k

     ...Job Description Blue Cross NC is seeking an Actuarial Analyst to support rating and pricing, valuation, healthcare economics, and financial forecasting. Under general guidance, this role applies knowledge of mathematics, probability, statistics, and business principles... 
    Work at office
    Local area
    Remote work
    Flexible hours
    2 days per week

    Blue Cross and Blue Shield of North Carolina

    Indianapolis, IN
    22 hours ago
  • $148.2k - $292.3k

     ...navigate complex challenges across the healthcare ecosystem. As an Actuarial Manager, you will apply actuarial, strategic, and analytical...  ...will be responsible for delivering strategic and technical consulting services to help clients address complex challenges. Lead actuarial... 
    Local area
    Visa sponsorship

    Deloitte

    Indianapolis, IN
    22 hours ago
  • $128k - $252.5k

     ...of change and join us on this transformative journey. Recruiting for this role ends on 09/30/2026. Work you'll do As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial... 
    Local area
    Visa sponsorship

    Deloitte

    Indianapolis, IN
    1 day ago
  • $129.3k - $177.8k

     ...Become a part of our caring community The Actuary, Analytics/Forecasting analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. Establishes metrics, provides data analyses, and works... 
    Full time
    Temporary work
    For contractors
    Apprenticeship
    Work at office
    Remote work
    Work from home
    Home office
    Monday to Friday

    CenterWell

    Indianapolis, IN
    2 days ago
  • $128k - $252.5k

     ...Deloitte’s Human Capital practice and help organizations navigate complex challenges across the healthcare ecosystem. As an Actuarial Senior Consultant, you will apply actuarial, strategic, and analytical experience to help clients evaluate business issues, improve... 
    Work at office
    Local area
    Visa sponsorship

    Deloitte

    Indianapolis, IN
    22 hours ago
  • $100.4k - $197.9k

    Position Summary Join Deloitte’s Human Capital practice as an Actuarial Consultant and help clients address complex challenges across the health care ecosystem. In this role, you will support strategic and technical consulting engagements for health plans, providers... 
    Work at office
    Local area
    Visa sponsorship

    Deloitte

    Indianapolis, IN
    22 hours ago
  • $106.9k - $147k

     ...Become a part of our caring community The Associate Actuary, Analytics/Forecasting analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. You will evaluate industry, economic, financial... 
    Full time
    Temporary work
    Apprenticeship
    Remote work
    Work from home
    Home office

    Humana

    Indianapolis, IN
    3 days ago
  • $126.72k - $207.36k

     ...Associate Actuary Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity...  ...evaluation of the impact of new legislation, flexible benefit consulting, and special projects. Minimum Requirements: Requires a... 
    Temporary work
    Work at office
    Local area
    Flexible hours
    2 days per week
    1 day per week

    Elevance Health

    Indianapolis, IN
    1 day ago
  • $93k

     ...Associate Actuary Date Posted: Aug 5, 2026 Requisition ID: 481881 Location: Indianapolis, IN, US, 46204 Work for Indiana Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities... 
    Full time
    Work experience placement

    State of Indiana

    Indianapolis, IN
    22 hours ago
  • $128k - $252.5k

     ...are tailored to meet each client's unique requirements. Recruiting for this role ends on 07/30/2026. Work you'll do As a Senior Consultant on the Insurance Solutions team, you will be responsible for advising clients on commercial and specialty insurance underwriting... 

    Deloitte

    Indianapolis, IN
    3 days ago
  •  ...Associate Vice President, Actuary About the Company Well-known reinsurance client Industry Insurance Type Privately Held About the Role The Company is in search of an Associate Vice President, Actuary to join their team. The successful candidate... 
    Contract work

    Confidential

    Indianapolis, IN
    2 days ago
  • $90k - $115k

    Position Overviewdormakaba is seeking a Senior Financial Analyst based in Indianapolis, IN. The Senior Financial Analyst is responsible for contributing to the North Americas Finance team, partnering with operations and supply chain team to provide meaningful performance...
    Work experience placement
    Worldwide

    dormakaba

    Indianapolis, IN
    1 day ago
  • Bring more to life.Are you ready to accelerate your potential and make a real difference within life sciences, diagnostics and biotechnology?At Beckman Coulter Life Sciences, one of Danaher’s 15+ operating companies, our work saves lives—and we’re all united by a shared...
    Full time
    Part time
    Remote work
    Work from home
    Flexible hours

    Danaher Corporation

    Indianapolis, IN
    22 hours ago
  • $81.4k - $151.2k

    At Roche you can show up as yourself, embraced for the unique qualities you bring. Our culture encourages personal expression, open dialogue, and genuine connections, where you are valued, accepted and respected for who you are, allowing you to thrive both personally and...
    Full time
    Fixed term contract
    Work experience placement
    Local area
    Relocation package

    Roche

    Indianapolis, IN
    1 day ago
  • Bring more to life.Are you ready to accelerate your potential and make a real difference within life sciences, diagnostics and biotechnology?At Beckman Coulter Life Sciences, one of Danaher’s 15+ operating companies, our work saves lives—and we’re all united by a shared...
    Full time
    Part time

    Danaher Corporation

    Indianapolis, IN
    22 hours ago
  • DescriptionWe are looking for an experienced Sr. Financial Analyst to support strategic finance activities in Indianapolis, Indiana. This role will help guide capital planning, forecasting, and performance analysis while partnering closely with operations and leadership...

    Robert Half

    Indianapolis, IN
    3 days ago
  • Job Location:Corporate IndianapolisJob DescriptionPRINCIPAL RESPONSIBILITIES:Completes renewal applications and collaborates with insurance brokers to prepare underwriting submissions.Collects, reviews, analyzes, and updates exposure data to support insurance policy renewals...
    Full time
    Contract work

    Simon Property Group

    Indianapolis, IN
    1 day ago
  • Job Announcement Summary This job announcement uses the USA Hire Assessment to evaluate applicants. For more information, visit USA Hire Assessment. The General Schedule (GS) basic pay schedule may vary by geographic locality. To view pay rates in a specific location...
    Work at office

    US Government Jobs

    Indianapolis, IN
    1 day ago
  • Summary This job announcement uses the USA Hire Assessment to evaluate applicants. For more information, visit USA Hire Assessment. Learn more about this agency Duties Help Conducts reviews of a variety of assigned financial management, support ...
    Permanent employment
    Full time
    Temporary work
    Part time
    Remote work
    Relocation package

    Defense Finance and Accounting Service

    Indianapolis, IN
    1 day ago
  • Duties Help Analyzes, plans, and evaluates directorate functions to determine validity, propriety, accuracy, and adequacy of work processes. Examines a wide variety of documents, records, and related reports, and processes, to determine whether performance has...
    Work experience placement

    US Department of War

    Indianapolis, IN
    1 day ago
  • Calumet is seeking a Senior Financial Analyst to support the Montana/Renewables business unit with daily, weekly, and monthly accounting, reporting, forecasting, and analysis. You will collaborate with plant operations, project teams, and leadership to deliver timely financial...

    Calumet Specialty Products

    Indianapolis, IN
    2 days ago
  •  ...to help drive informed decisions, improve operational performance, and support the long-term success of our growing engineering consulting practice. This position works closely with project managers and leaders across the organization to translate data into actionable... 
    For subcontractor
    Local area
    Remote work
    Flexible hours

    Lochmueller Group

    Indianapolis, IN
    1 day ago
  •  ...with portfolio operations including compliance, valuations, reporting, and other tasks as neededCoordinate with real estate tax consultants on tax assessment strategies and appealsMaintain and update investor and lender CRM databases and data roomsTechnology & Process... 
    Shift work

    Buckingham, LLP

    Indianapolis, IN
    2 days ago
  • $95.33k - $127.1k

    About Us Heidelberg Materials is one of the world's largest suppliers of building materials. Heidelberg Materials North America operates over 450 locations across the U.S. and Canada with approximately 9,000 employees. What You'll Be Doing Coordinate regional ...
    Temporary work
    Work at office
    Flexible hours

    Heidelberg Materials US, Inc.

    Indianapolis, IN
    22 hours ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Consulting Actuary. Be the first to apply!