Chief Financial Officer (CFO)

NOTE TO APPLICANTS: Individuals 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.

Position Summary

The Chief Financial Officer (CFO) is a strategic executive responsible for enabling growth by leading financial strategy. Reporting to the Chief Executive Officer, the CFO will work closely with Principals leading our practices, the Board of Directors, and other corporate officers. The CFO oversees FP&A, controllership, treasury, tax, procurement, financial risk and insurance, and finance systems. The role ensures timely, accurate financial reporting; strong internal controls and compliance across jurisdictions; optimizes capital structure, liquidity, and working capital; and drives data, analytics, and process transformation to support decision‑making. The CFO serves as a trusted advisor to Milliman’s Principals on financial matters impacting their practices and on mergers and acquisitions. A builder of high‑performing teams and culture, the CFO nurtures talent, advances inclusion and integrity, and manages key external relationships with auditors, banks, insurers, and regulators. The CFO works closely with other members of Milliman’s Global Corporate Services (GCS) to operate efficiently across functional areas. The CFO plays a key role in Milliman’s business transformation program.

Responsibilities

• Monitor growth and profitability of the firm and bring forward strategies for enhancement.
• Assess and evaluate financial performance of the individual practices as well as the organization respective to long‑term goals, budgets and forecasts.
• Provide insight and recommendations for both short‑term and long‑term growth plans for the organization.
• Build strong relationships with principals/practice leaders, external auditors, banks/lenders, insurers, regulators/tax authorities, and other key stakeholders to enhance stakeholder engagement.
• Partner closely with all corporate functions to enable enterprise priorities.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Act as a trusted advisor to Milliman’s CEO, Global Corporate Services (GCS) Leaders, Principals and Board of Directors on financial matters.
• Active contributor to Milliman’s governance structure through participating in Board of Directors’ and various committee meetings.
• Provide overall leadership, along with other GCS leaders, to all GCS functions.
• Be a key visionary, leader and change management agent for Milliman’s business transformation program, which is a multi‑year effort to redesign operational processes, data and systems that support Milliman. Evaluate individual practice’s financial operations along with GCS’s operations as whole and make suggestions for automating processes and increasing work efficiency.
• Lead functional areas within Finance
  • Financial systems and processes – Serve as a key visionary for improvements to Milliman’s operating systems and related processes.
  • Financial reporting – Ensure leaders around the firm have access to timely, accurate and relevant financial data with which to make decisions.
  • Financial Planning and Analysis – Review and analyze monthly financial results and provide recommendations to enhance profitability.
  • Treasury, capital structure and risk management – Oversee global liquidity, cash flow, working capital, FX strategies and debt facilities. Bring creative capital strategies. Protect the firm through design and maintenance of internal controls and support of insurance programs.
  • Mergers and acquisitions – Support the M&A activity of Milliman and its practices.
  • Procurement - Establish enterprise purchasing strategy and policies; deliver savings and manage supplier risk while supporting growth and service quality.
  • Tax - Lead global tax compliance, reporting, planning, and the design of an efficient global tax structure in partnership with external advisors.
  • Accounting, GL and Financial Operations – Oversee application of appropriate internal controls; responsible for month‑end processes, preparation of monthly, quarterly and annual financial statements.

Skills & Qualifications Required

• 15+ years of progressive finance leadership; 5–10 years in top finance roles (CFO, CAO, Corporate Controller, Vice President of Finance, Head of FP&A).
• CPA or equivalent certifications required.
• Demonstrated leadership ability, confidence and executive presence.
• Significant experience working with external auditors, internal controls and compliance related issues.
• Experience in global, multi‑entity environments.
• Excellent analytical, reasoning and problem‑solving skills.
• Proven track record of strategic thinking, influencing skills, stakeholder management, change leadership, excellent written and verbal communication skills, strong presentation skills to audiences up to 1,000+, must possess a high sense of integrity.
• Estimated 40% travel both domestic and international.

Skills & Qualifications Preferred

• Advanced degree preferred.
• Strong understanding of GAAP and IFRS.
• Professional services or partnership model experience strongly preferred.
• Led ERP/finance transformation.
• Experience in incorporating AI into finance functions.
• M&A diligence and integration.

Location

Hybrid role out of Milliman, Seattle Office.

Compensation

The overall salary range for this role is $400,000 - $650,000.

Benefits

• 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.