Consulting Actuary

Milliman•Seattle, WA

3d•$134,435 - $242,650•Onsite

About The Position

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. 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. We are a global actuarial consulting practice working with clients across North America, South America, Asia, and elsewhere. Our work is varied and challenging but generally focused on construction of financial models and use of such models for financial planning, mergers and acquisition, embedded value, risk management, economic capital, principles-based valuation, product pricing, stochastic analysis, ALM, and GAAP and statutory valuation and forecasts.

Requirements

Designation of FSA or equivalent
10-15 years of relevant work experience in Life Insurance Industry
Demonstrated project management skills
Excellent communication skills
Proficient in actuarial projection software
Experience in asset modeling and ALM areas
Experience with both U.S. and Bermuda reporting
Excellent analytical, communication, time management, and organizational skills

Nice To Haves

Previous consulting experience is preferred

Responsibilities

Construction of financial models
Use of financial models for financial planning
Use of financial models for mergers and acquisition
Use of financial models for embedded value
Use of financial models for risk management
Use of financial models for economic capital
Use of financial models for principles-based valuation
Use of financial models for product pricing
Use of financial models for stochastic analysis
Use of financial models for ALM
Use of financial models for GAAP and statutory valuation and forecasts

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