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FSA 5-19 YOE

Milliman, Inc
life insurance, parental leave, paid time off, paid holidays, 401(k)
United States, Indiana, Indianapolis
Jun 06, 2025
Description

The Indianapolis, Indiana office of Milliman, an international firm of actuaries and consultants is seeking an experienced actuarial candidate, with strong expertise in individual life insurance. This is a consultant level position with significant advancement potential for the right person.

Who We Are

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. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman's commitments to our people, diversity and inclusion, social impact and sustainability.

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.

Your Role/What You'll Do

In this role, you will focus on:



  • Project management and technical expert, overseeing multiple consulting projects at the same time
  • Wide variety of assignments, including pricing, modelling, mergers & acquisitions, asset liability management, cash flow testing, statutory, tax, and GAAP valuation, and ERM/ORSA support
  • Product development and support experience in the following product areas:

    • ULSG,
    • Whole Life
    • Term Life
    • Annuities, and/or
    • Combination Life/Health products


  • Lead role in managing and expanding client relationships
  • Mentor junior and mid-level actuarial staff
  • Requires some travel


What We Are Looking For

Professional/Personal Qualifications



  • Strong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degree
  • Fellow of the Society of Actuaries (FSA)
  • Strong work ethic and ability to work independently
  • Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines
  • Strong written and verbal communication skills are required
  • Experience with actuarial software applications


Preferred Qualifications



  • 5 - 19 years actuarial experience
  • Expertise in principles-based reserves (from both pricing and valuation perspectives)
  • Computer programming experience in various programming languages, and experience working with Artificial Intelligence
  • Experience working with MG-ALFA


Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

The Team
Milliman offers a high-performance but relatively casual work environment in Indianapolis. We offer competitive salaries and excellent benefits.

Location
Milliman accepts applicants for this opportunity and hires from this posted opportunity on an ongoing basis. There is no anticipated closure date for this job posting.

This role is based out of the Milliman office in Indianapolis, Indiana, but candidates hired into this role may work remotely anywhere in the US.

Compensation
The overall salary range for this role is $107,400 - $247,560.

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

For candidates residing in:



  • Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia:

    • $118,140 - $200,860 if overall experience is less than 10 years; and
    • $133,430 - $226,930 for experience greater than 10 years.


  • New York City, Newark, San Jose, or San Francisco:

    • $128,880 - $219,120 if overall experience is less than 10 years; and
    • $145,560 - $247,560 for experience greater than 10 years.


  • All other states:

    • $107,400 - $182,600 if overall experience is less than 10 years; and
    • $121,300 - $206,300 for experience greater than 10 years.




Benefits
We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:



  • 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.



Equal Opportunity
All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

#LI-REMOTE

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
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