Consulting Actuary

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 potential for the right person.Who We AreIndependent 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 DoIn this role, you will focus on:Project management and technical expert, overseeing multiple consulting projects at the same timeWide 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 LifeTerm LifeAnnuities, and/orCombination Life/Health products,Lead role in managing and expanding client relationshipsMentor junior and mid-level actuarial staffRequires some travelWhat We Are Looking ForProfessional/Personal QualificationsStrong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degreeFellow of the Society of Actuaries (FSA)Strong work ethic and ability to work independentlyProven ability to handle multiple projects and tasks, prioritizing and meeting deadlinesStrong written and verbal communication skills are requiredExperience with actuarial software applicationsPreferred Qualifications10 - 19 years actuarial experienceExpertise in principles-based reserves (from both pricing and valuation perspectives)Computer programming experience in various programming languages, and experience working with Artificial IntelligenceExperience working with MG-ALFAIndividual(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 TeamMilliman offers a high-performance but relatively casual work environment in Indianapolis. We offer competitive salaries and excellent benefits.LocationMilliman 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. CompensationA 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 partnersEmployee Assistance Program (EAP) – Confidential support for personal and work-related challenges401(k) Plan – Includes a company matching program and profit-sharing contributions.Discretionary Bonus Program – Recognizing employee contributionsFlexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expensesPaid 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 basisHolidays – A minimum of 10 paid holidays per yearFamily Building Benefits – Includes adoption and fertility assistancePaid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteriaLife Insurance & AD&D – 100% of premiums covered by MillimanShort-Term and Long-Term Disability – Fully paid by MillimanEqual 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-ONSITEQualificationsEDUCATIONBachelors or betterEXPERIENCE10 - 19 years: Actuarial experienceJob SummaryRequisition Number: FSA10010340Job Category: ActuarialSchedule: Full-Time