Consulting Actuary - Life

Milliman, Inc
life insurance
United States, Massachusetts, Wakefield
201 Edgewater Drive (Show on map)
Nov 10, 2024
Description COMPANY: Milliman, Inc. POSITION: Consulting Actuary - Life (#FSA10008648) WORK LOCATION: 500 Edgewater Drive, Suite 522, Wakefield, MA 01880 Hybrid Role: Employee permitted to telecommute intermittently from a home office within normal commuting distance to our Wakefield, MA office. JOB DUTIES: Provide consulting services on a wide range of financial reporting issues, involving IFRS, U.S. GAAP, and U.S. statutory accounting. Provide consulting services in Pricing, Reserving, Financial Projections, and Mergers and Acquisitions related to life insurance and health insurance products, including traditional life insurance, annuities, Long-Term Care insurance, and disability income. Perform various technical work while delegating work to junior staff to help meet client needs. Review the work of others and assist with research and product development. Responsible for several projects simultaneously providing insight into the technical direction of each project. Oversee actuarial analysts on consulting projects. Create client communications (includes data collection, project updates and answering basic technical questions). Participate in business development activities to increase revenue for the practice through new and existing clients. Conduct research and development projects to establish the practice as a thought leader in the industry. Manage, mentor, and develop staff on a particular project team. REQUIRED QUALIFICATIONS: Bachelor's degree (or foreign equivalent) in actuarial science, mathematics, statistics, or another quantitative STEM field. Five years of experience as an actuary or closely related role. Designation as a Fellow of Society of Actuaries (FSA). Experience providing actuarial services for each of the following areas: Life insurance and annuity products; Financial reporting, involving IFRS, U.S. GAAP, and U.S. statutory accounting; Actuarial modeling; Model governance; USGAAP quarter end reporting for non-traditional life insurance; Pricing Analysis; Actuarial Internal Audit; Actuarial External Audit; Termination Study (Mortality) for LTC business; Termination Study (Lapse) for LTC business; Actuarial software applications including GGY AXIS, Excel, Access, PowerPoint, and VBA. All requirements may have been gained concurrently. TERMS OF EMPLOYMENT: Full time position. Salary: $170,872 - $222,310 per year TO APPLY: Apply for this Consulting Actuary - Life (#FSA10008648) position at https://careers.milliman.com/en/ 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)