Trading Analyst

Milliman • Chicago, IL

262d • $71,720 - $114,620

About The Position

The Chicago office of Milliman Inc. is looking for bright, enthusiastic and qualified candidates to work in their Financial Risk Management (FRM) practice. Milliman's rigorous, distinctly innovative approach to risk management is built on a foundation of actuarial expertise and shaped by some of the most advanced thinking in the industry. Whether you're looking to improve capital efficiency, comply with regulatory requirements, or guard against market volatility, Milliman offers a complete range of operational, strategic, and financial risk management solutions and tools. We have a focused, multi-disciplinary team of actuaries, financial engineers/capital markets professionals and software developers working together to develop risk management solutions for the financial services industry. We currently advise some of the world's largest insurance companies in areas such as hedging strategy and operations, portfolio risk management, and capital requirements. We hire the best in the business—and then trust them to do their work their way. It's about personal responsibility, creativity, flexibility. We believe great work happens in great work environments. Our culture is highly collaborative with value placed on high quality work and innovation.

Requirements

• A Bachelor's degree in a quantitative field such as Computer Science, Economics, Engineering, Mathematics, Actuarial Science, or Physics.
• Proficiency in Excel and other similar desktop programs and tools.
• Programming skills in languages such as C#, Python or other.
• Prior experience in a Trading Analyst role would be preferred.
• Ability to multitask and thrive in a fast-paced environment.
• Maturity, good judgment, and a professional demeanor.

Nice To Haves

• Experience with electronic trading tools and portals such as Bloomberg.
• Knowledge of financial derivatives and structured products.
• Ability to understand the broader investment objectives behind trade orders and to consult proactively with portfolio managers and investment analysts.
• Strong communication skills and the ability to clearly and quickly communicate ideas and recommendations verbally and in writing.

Responsibilities

• Support the Trading team with daily trading related tasks such as trade data entry into various systems.
• Check blotters and reports to ensure data accuracy.
• Assist Traders in performing their ongoing duties.
• Update and maintain systems of record and models with trade information.
• Assist Traders in performing pre-trade order data and information checking.
• Identify and reconcile any data discrepancies and follow them through to resolution.
• Perform end of day reconciliation between systems of record and trader sheets.
• Ongoing process improvement for data entry and checking.
• Help ensure timely deal entry and resolution of issues to meet all reporting requirements.
• Maintain up-to-date process and procedures manuals.
• Act as point of contact for data related issues or questions from Operations, Compliance, etc.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree