Actuary - EB Consulting

The Employee Benefits Consulting Practice offers excellent retirement, health, compensation, and investment consulting services to our clients. We are actively recruiting for a Senior Consulting Actuary in the Chicago marketplace to manage key client actuarial relationships and assist in the growth of our business. This position will be a key senior leadership position and the successful candidate will be part of our management and marketing teams and will be expected to help us grow and expand our services.Who We AreIndependent 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.What You Will DoKey responsibilities include:Participation in the overall management and marketing of Milliman’s services in the area of corporate pensionsLeading client meetings and new business presentations.Perform senior-level review of all technical work required for each assigned actuarial client andServe as the signing actuary for certain assigned clients.What We Are Looking ForProfessional QualificationsDeep knowledge of the corporate retirement market and ability to think strategically about how to introduce new products and services, as well as position Milliman to win businessStrong marketing skills and contacts with corporate pension plan sponsors or their advisorsRegular speaker at industry conferences a plusStrong presentation skills with ability to lead client meetings, presentations and new business opportunities.Strong team player.Self-motivated, high achiever who has demonstrated leadership skills that will be used in a team-oriented environment.Strong technical skills, including proficiency in actuarial valuations, including strong knowledge of funding and accounting rules.Complete knowledge and ability to oversee the preparation of benefit calculations, government forms, valuation data preparation, etc.At least ten years of relevant retirement benefits experience.Minimum credentials: Enrolled Actuary (EA).Ability to manage personal workflow as well as oversee the work of others.Ability to work independently; must be motivated with strong oral and written communication skills.Strong management skills with the ability to manage internal staff.Personal QualificationsMust demonstrate Milliman’s core values which include:Integrity - Must be honest, fair, active listener, open communicator and accountable.Teamwork - Work cooperatively and treat clients and coworkers with respect and dignity while valuing individual differences, encouraging new ideas and sharing information.Commitment to excellence - Demonstrate commitment to being creative, innovative, flexible and adaptable, focusing on quality solutions, continually improving and being a winner.High energy with effective poise and presence, self-motivated and relentlessly striving towards goals.Ability to work with a sense of urgency with strong customer service approachThe TeamThe EB Consulting practice provides actuarial and other consulting services for multiple industries, for actives and retirees and for Corporate, Public and Multiemployer Plans. This practice works with several key types of clients organized into the following seven lines of business:Other Postretirement Benefit Plans (Corporate, Multiemployer, and Public combined)Health and Group Benefits (Corporate, Multiemployer, and Public combined)Compensation and Benefits SurveysInvestmentsLocationCandidates hired into this role will be required to work in-person in the Milliman Chicago, IL office on a weekly basis, but flexible work arrangements will be considered for our hybrid environment.CompensationThe salary range for this role depends on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:Medical, dental and vision coverage for employees and their dependents, including domestic partnersA 401(k) plan with matching program, and profit sharing contributionEmployee Assistance Program (EAP)A discretionary bonus programPaid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours workedFamily building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month periodA minimum of 8 paid holidaysMilliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverageFlexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needsAll 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 DisabilitiesThe 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)

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