SAA and ALM Consultant
SAA and ALM Consultant
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$ 115390 - 190410
1 Vacancy
Job Description
The Department/Team
The Chicago Life team is composed of consultants with deep actuarial subject matter expertise in individual life and annuity insurance industry. Combined with its expertise in technology financial modeling and analysis they are enabled to provide clients with advanced analytics and insights required to develop a comprehensive understanding of the business and to make informed decisions.
Your Role/What Youll Do
The SAA and ALM Consultant is involved in a wide variety of assignments in the area of asset liability management mergers & acquisitions and financial modeling. Your Responsibilities based on examples of such assignments include:
- Portfolio construction and asset/liability management analysis
- Researching and developing asset allocation and hedging strategies for effective ALM across variety of product lines
- Risk and capital assessment including RBC and economical capital frameworks
- Due diligence of strategic asset allocations and ALM for transaction support
- Evaluating the appropriateness of ALM and hedge strategies in reducing a companys risk exposure
Job Knowledge Experience Skills
Job Knowledge Required:
- Bachelors degree or higher in financial engineering mathematics computer science statistics or other quantitative fields
- Attainment of the CFA designation
- Minimum of 5 years of applicable fulltime work experience (excluding time spent in internship roles)
Experience and Soft Skills Required:
- Creative problem solver with an aptitude for complex technical work
- Strong quantitative background in life insurance risk management or investments
- Proficiency in Excel and VBA. Knowledge of Python C C# and other programming languages a plus
- Ability to analyze and apply creative problem solving both independently and within a team
- Excellent project management skills including communication and time management skills
- Selfmotivated individual with a sense of intellectual curiosity and a resultsoriented work ethic
Benefits
We offer a comprehensive benefits package designed to support employees health financial security and wellbeing. Benefits include:
- Medical Dental and Vision Coverage for employees dependents and domestic partners.
- Employee Assistance Program (EAP) Confidential support for personal and workrelated challenges.
- 401(k) Plan Includes a company matching program and profitsharing contributions.
- Discretionary Bonus Program Recognizing employee contributions.
- Flexible Spending Accounts (FSA) Pretax savings for dependent care transportation and eligible medical expenses.
- Paid Time Off (PTO) Begins accruing on the first day of work.
- Fulltime employees accrue 15 days per year.
- Employees working less than fulltime accrue PTO on a prorated basis.
- Holidays A minimum of 10 observed 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.
- ShortTerm and LongTerm Disability Fully paid by Milliman
Location
Candidates hired into this role will be required to work inperson in the Milliman office in Chicago IL on a weekly basis but flexible work arrangements will be considered.
Compensation
The salary range for this role is $115390 $190410 depending on a combination of factors including but not limited to education relevant work experience qualifications skills certifications location etc.
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.
Required Experience:
Contract
Employment Type
Full-Time
