Life Associate Actuary

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Location: Chicago, IL
Job Number: 2499

Progressive firm offering exceptional benefits is seeking a Life Actuary!

Company Highlights

  • Our client has become the premier independent provider of actuarial and risk management services to the insurance industry and self-insured organizations worldwide. Their groundbreaking work in employee benefits and financial risk management has led to significant innovations.
  • For over 70 years, the firm has continually expanded their capabilities and now include enterprise risk management, retirement plan administration, predictive analytics, healthcare efficiency, and a range of other consulting and technology solutions.
  • They have built a solid foundation on inclusive innovation by working together with the best from all over the world and realizing the variety and uniqueness in everyone truly makes them a stronger organization.
  • This company has been named actuarial firm winner by U.S. Captive Review Awards – these awards recognize captive insurance products and services providers offering high level of excellence. 

How the Company Appreciates You

  • Most innovative compensation model in the industry
  • Health, Dental, Vision Coverage
  • Flexible Spending Accounts for dependent care, transportation, and additional medical expenses
  • 401(k) with company match and Profit Sharing
  • Paid Time Off (PTO)
  • Additional voluntary benefit opportunities
  • Employee engagement program
  • Actuarial Exams Program

Your Role with the Company

  • The Life Actuary is involved with a wide variety of assignments in the area of mergers & acquisitions, asset liability management, cash flow testing, valuation, financial reporting, and financial modeling.
  • This role is entrusted with dynamic projects interacting with upper level management at insurance companies.
  • The Life Actuary is a direct contributor on projects that affect the trajectory of companies (sale and purchase of entities, restructuring business organizations, helping with setting up offshore entities).
  • In addition, this role offers a high level of collaboration working on transactions as a team. 

Community Highlights

  • The Life Actuary will be based in the Chicago office.
  • As a large city with surrounding suburbs, Chicago offers a multitude of housing options to suit every lifestyle and a variety of transportation resources for traveling and sightseeing.
  • Chicago is rich in culture, arts and entertainment. 

Background Profile

  • 4+ years of life actuarial experience
  • Expertise in pricing, assumption/experience studies/valuation
  • Working knowledge of Modelling with ALFA
  • Consulting experience is a plus
  • Strong communication skills, including client consulting, presentations, and publications
  • ASA or FSA
  • Bachelor’s degree in Actuarial Science, or a similar mathematical or quantitative program