Actuary Job at Milliman, Inc., Chicago, IL

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  • Milliman, Inc.
  • Chicago, IL

Job Description

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. Develop variable annuity (VA) products through actuarial modeling and develop hedging strategies to hedge market risk for VA products. Conduct mathematical and statistical analysis for risk mgmt. for insurance companies. GAAP valuation for life insurance estimations. Support the development of valuation models for US statutory and GAAP LDTI reporting using Integrate and MG-ALFA. Require a Master's Degree in Actuarial Science, or Finance, or Mathematics/Applied Mathematics with concentration in Actuarial Science, or equivalent. Permanent US work auth. reqd. Contact: Milliman, Inc., 71 S. Wacker Dr., 31st Fl., Chicago, IL 60606, or ChicagoHR@milliman.com. 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. Salary range: $136,950-$172,480/Year.

Salary/Compensation: $136,950 - $172,480 per year

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Job Tags

Permanent employment,

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