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Software Support Actuary

3 months ago

Chicago, United States Milliman Full time
SPONSORSHIP IS NOT AVAILABLE FOR THIS OPPORTUNITY

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's 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:

  • Provide internal and external client support for the Integrate product suite. At times, this will require troubleshooting issues arising in client's models.
  • Create and present content for client training on features within the Integrate product suite.
  • Support actuarial content development with testing and review of actuarial models and tools.
  • Assist with client projects to develop actuarial models.
  • Stay up to date with industry best practices and regulatory changes.
  • Develop and maintain system documentation.
  • Travel is required occasionally.


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.,FSA, ASA, CFA) are a plus.
  • 7+ years of experience in the life insurance industry preferably in a modeling role.
  • Experience in financial modeling using Actuarial modeling software. ( e.g. Integrate, MG-ALFA, Excel)
  • Proficiency in programming languages (e.g.,C/C++, R, Python) and modeling software (e.g., Excel, MATLAB).
  • Strong quantitative and analytical skills with the ability to work independently and collaboratively.
  • Exceptional oral, written and presentation skills to convey complex ideas to clients and team members.
  • Desire to continuously learn and develop new skill and knowledge.
  • Highly detail oriented with emphasis on problem solving.


This position is based out of Chicago, IL. The candidate hired into this role must be willing to work in person in the Milliman office on a weekly basis, but flexible work arrangements are considered.

Compensation: The salary range is $101,000 to 159,000, depending on a combination of factors, included but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc.

Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - 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


The expected application deadline for this job is September 3, 2024.

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)