The Department/Team
The Asset Modeling and Consulting team within Life Technology Solutions (LTS) at Milliman delivers specialized support to both consulting and software development teams. This team provides advanced asset modeling insights professional consulting services and handson guidance in developing testing and refining Millimans Integrate software. By seamlessly blending technical expertise with strategic consulting the Asset Modeling and Consulting team helps life insurance companies optimize their assetliability management processes streamline operational workflows and enhance overall technological proficiency within the everchanging insurance landscape.
Your Role/What Youll Do
The Senior Consultant Financial Modeling & Market Data Integration develops and refines advanced asset models across fixed income equities real estate and alternative investments capturing the intricate ways different markets behave. Teaming up with clients they create robust financial models that guide strategic decisions clearly communicating their findings and recommendations. By blending external market data with internal systems they ensure everything flows smoothly and data quality remains high. The Senior Consultant also dives deep into both historical and realtime data to build forecasts and stress tests shedding light on potential risks and opportunities. Throughout it all they keep tabs on evolving industry practices and regulatory requirements ensuring their work stays on the cutting edge of compliance and innovation
This role offers significant autonomy and leans on a selfstarter mindset requiring you to take initiative and make independent decisions to drive success.
Responsibilities:
- Integrate market data from external sources into internal modeling and analysis platforms ensuring seamless workflows and high data quality.
- Develop implement and continuously refine advanced asset modelsincluding fixed income equities real estate and alternative investmentsleveraging robust quantitative methods to capture complex market behavior.
- Analyze large datasets of historical and realtime market data to build reliable projections and stress tests for different asset classes.
- Assess quantify and communicate financial risks using advanced statistical techniques and datadriven models.
- Assist with client projects to develop comprehensive financial models that inform strategic decisions.
- Help develop and deliver insightful reports presentations and recommendations to clients highlighting key quantitative findings and implications for risk and opportunity.
- Stay up to date with industry best practices and regulatory changes to ensure compliance with evolving standards.
- Support the development and refinement of inhouse actuarial models financial tools and data integration pipelines.
- This role offers significant autonomy and leans on a selfstarter mindset requiring you to take initiative and make independent decisions to drive success.
Job Knowledge Experience Skills
Job Knowledge Required:
- Bachelors or Masters degree in Actuarial Science Finance Mathematics or a related field. Advanced degrees and relevant certifications (e.g. ASA CFA) are a plus.
- 710 years of proven financial experience with a demonstrated track record of quantitative analysis asset modeling and risk assessment in a financial services or consulting environment.
- 2 years of experience in a Managerial role preferred.
- Proficiency in programming languages (e.g. R Python) and modeling software (e.g. Excel MATLAB) with experience integrating market data into these platforms or other software packages.
Experience and Soft Skills Required:
- Strong quantitative and analytical skills with the ability to manage interpret and model large and complex datasets.
- Exceptional communication and presentation skills to convey sophisticated analyses to clients and team members.
- A deep understanding of financial markets asset classes and investment strategies including the application of quantitative techniques to evaluate market dynamics.
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.
The expected application deadline for this job is June 2 2025.
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.
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 and 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.
Equal Opportunity
Milliman is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex race color religion national origin disability protected Veteran Status age or any other characteristic protected by the law.
Required Experience:
Senior IC