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Consulting Actuary Jobs (NOW HIRING)

Consulting Actuary

Indianapolis, IN ยท On-site

$150 - $210/hr

13-Indianapolis Indianapolis, IN 46204, USA Description Description The Indianapolis, Indiana office of Milliman, an international firm of actuaries and consultants is seeking an experienced ...

New

$120 - $150/hr

The Opportunity We are seeking a Consulting Actuary specializing in Workers' Compensation to join our growing team. This role is critical in delivering actuarial expertise and strategic support ...

Consulting Actuary

$120K - $150K/yr

The Opportunity We are seeking a Consulting Actuary specializing in Workers' Compensation to join our growing team. This role is critical in delivering actuarial expertise and strategic support ...

Preparing, analyzing and consulting on various client deliverables, as defined by the scope of services of the Financial and Actuarial Consulting team. * Demonstrates understanding of whether or not ...

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 ...

Consulting Actuary

Chicago, IL ยท On-site +1

$135K - $185K/yr

We're a small, boutique, fully remote consulting firm built by actuaries and technologists who wanted to rethink how actuarial work is done. We help your favorite frequent flyer program, hotel, bank ...

Consulting Actuary

Chicago, IL ยท Remote

$135K - $185K/yr

We're a small, boutique, fully remote consulting firm built by actuaries and technologists who wanted to rethink how actuarial work is done. We help your favorite frequent flyer program, hotel, bank ...

Health Consulting Actuaries are an integral part of the overall client management and client relationship function in Milliman's Employee Benefits Consulting practice. The successful candidate will ...

The Consulting Actuary is responsible for leading client engagements as actuary, coordinating and completing client projects, presenting reports and communicating and responding to client needs, and ...

The Consulting Actuary is responsible for leading client engagements as actuary, coordinating and completing client projects, presenting reports and communicating and responding to client needs, and ...

The Consulting Actuary is responsible for leading client engagements as actuary, coordinating and completing client projects, presenting reports and communicating and responding to client needs, and ...

Showing results 21-40

Consulting Actuary information

See salary details

$5

$47

$62

How much do consulting actuary jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for consulting actuary in the United States is $47.06, according to ZipRecruiter salary data. Most workers in this role earn between $39.18 and $52.88 per hour, depending on experience, location, and employer.

What is a consulting actuary?

A consulting actuary is a professional who provides expert advice on financial risks and uncertainties, typically to businesses, government agencies, or nonprofit organizations. They use mathematics, statistics, and financial theory to analyze future events, especially those related to insurance, pensions, investments, and employee benefits. Consulting actuaries often work for consulting firms or as independent contractors, helping clients design, evaluate, and manage financial programs and risk strategies. Their work is critical for ensuring that organizations make informed decisions about long-term financial planning and risk management.

What is a consulting actuary?

A consulting actuary provides accounting and risk-assessment advice to clients. As a consulting actuary, you either work as part of a large consulting agency or as a freelancer. Your duties are to collect and analyze data and provide a solution to the company or client with whom you are consulting. Qualifications for a career as a consulting actuary include several years of experience in the actuarial field, and skills related performing financial audits and risk modeling. If you have a job as a freelance consulting actuary you will need to be comfortable seeking out new clients.

What are the key skills and qualifications needed to thrive as a consulting actuary?

To thrive as a Consulting Actuary, you need strong analytical abilities, advanced mathematical knowledge, and typically a degree in actuarial science, mathematics, or a related field, along with professional actuarial certifications (such as ASA or FSA). Proficiency in actuarial modeling software, spreadsheet tools like Excel, and statistical programming languages such as R or Python is essential. Exceptional communication, client management, and problem-solving skills help differentiate top performers in this client-facing role. These skills are vital to accurately assess risk, deliver actionable insights, and build trust with clients in complex financial environments.

What are some common challenges consulting actuaries face when working with diverse clients across industries?

Consulting Actuaries often encounter the challenge of adapting their analytical approaches to suit the varied needs of clients from different sectors, such as insurance, pensions, or healthcare. Each client may have unique data sets, regulatory requirements, and business objectives, requiring actuaries to quickly understand and tailor solutions accordingly. Additionally, clear communication is essential, as actuaries must explain complex technical findings in a way that is understandable and actionable for non-technical stakeholders. This role also involves balancing multiple projects and deadlines, making strong organizational skills crucial.

What is the difference between Consulting Actuary vs Actuarial Analyst?

AspectConsulting ActuaryActuarial Analyst
CredentialsTypically FSA or ASA, with extensive experienceUsually pursuing ASA or similar credentials, less experience required
Work EnvironmentConsults with multiple clients, often in insurance and pensionsWorks within insurance companies or firms, supporting actuarial teams
Employer & IndustryConsulting firms, insurance, pensionsInsurance companies, corporate actuarial departments
Job FocusAdvisory, strategic planning, risk assessmentData analysis, modeling, supporting actuarial calculations

While both roles involve actuarial skills, Consulting Actuaries focus on providing expert advice to clients across industries, often requiring advanced credentials and experience. Actuarial Analysts support these efforts through data analysis and modeling, typically with less experience and credentialing. The roles differ mainly in scope, responsibility, and work environment, but both are integral to the actuarial profession.

Do consulting firms hire consulting actuaries?

Yes, consulting firms frequently hire consulting actuaries to provide expertise in risk assessment, pricing, and financial modeling for insurance companies and other clients. These firms value the actuary's analytical skills, industry certifications like the ASA or FSA, and proficiency with actuarial software. Consulting actuaries often work on diverse projects, requiring strong communication and problem-solving abilities.

What cities are hiring for Consulting Actuary jobs?

Cities with the most Consulting Actuary job openings:

Who are the top companies hiring for Consulting Actuary jobs?

The top employers for Consulting Actuary jobs are:

What states have the most Consulting Actuary jobs?

States with the most job openings for Consulting Actuary jobs include:

What job categories do people searching Consulting Actuary jobs look for?

The top searched job categories for Consulting Actuary jobs are:

What are popular job titles related to Consulting Actuary jobs?

For Consulting Actuary jobs, the most frequently searched job titles are:

Infographic showing various Consulting Actuary job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $97,888 per year, or $47.1 per hour.

Consulting Actuary

Milliman Ireland

Indianapolis, IN โ€ข On-site

$150 - $210/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New


Job description

13-Indianapolis
Indianapolis, IN 46204, USA

Description

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 worldโ€™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 (ERGโ€™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 Millimanโ€™s commitments to our people, inclusion, 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 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.
  • 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

  • 10 - 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.

Candidates hired into this role will be required to work in-person in the Milliman office in Indianapolis, Indiana on a weekly basis, but flexible work arrangements will be considered.

Compensation

A combination of factors will be considered to determine the compensation for this role, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

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

  • Medical, Dental and Vision โ€“ Coverage for employees, dependents, and domestic partners
  • Employee Assistance Program (EAP) โ€“ Confidential support for personal and work-related challenges
  • 401(k) Plan โ€“ Includes a company matching program and profit-sharing contributions.
  • Discretionary Bonus Program โ€“ Recognizing employee contributions
  • Flexible Spending Accounts (FSA) โ€“ Pre-tax savings for dependent care, transportation, and eligible medical expenses
  • Paid Time Off (PTO) โ€“ 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 โ€“ A minimum of 10 paid holidays per year
  • Family Building Benefits โ€“ Includes adoption and fertility assistance
  • Paid Parental Leave โ€“ Up to 12 weeks of paid leave for employees who meet eligibility criteria
  • Life Insurance & AD&D โ€“ 100% of premiums covered by Milliman
  • Short-Term and Long-Term Disability โ€“ Fully paid by Milliman

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-ONSITE

Qualifications Education Required

Bachelors or better.

Experience Required 10-19 years:

Actuarial experience

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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