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Fsa Jobs in Chicago, IL (NOW HIRING)

Flexible Spending Accounts (FSA) Healthcare FSA, Dependent Care FSA, and Transit FSA * 401(k) - Company will match 50% of the first 6% you contribute to your 401(k) * Basic Life Insurance and Short ...

Flexible Spending Accounts (FSA) Healthcare FSA, Dependent Care FSA, and Transit FSA * 401(k) - Company will match 50% of the first 6% you contribute to your 401(k) * Basic Life Insurance and Short ...

Flexible Spending Accounts (FSA) Healthcare FSA, Dependent Care FSA, and Transit FSA * 401(k) - Company will match 50% of the first 6% you contribute to your 401(k) * Basic Life Insurance and Short ...

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Fsa information

See Chicago, IL salary details

$16

$51

$81

How much do fsa jobs pay per hour?

As of Aug 28, 2026, the average hourly pay for fsa in Chicago, IL is $51.14, according to ZipRecruiter salary data. Most workers in this role earn between $32.69 and $68.89 per hour, depending on experience, location, and employer.

What is an FSA?

An FSA (Food Service Assistant) job involves supporting food preparation, serving meals, maintaining cleanliness, and ensuring proper food safety standards in kitchens, cafeterias, or dining facilities. FSAs typically work in schools, hospitals, restaurants, or corporate settings, assisting chefs and kitchen staff. Responsibilities may also include stocking supplies, washing dishes, and handling customer service tasks. This role requires attention to detail, teamwork, and adherence to hygiene standards to ensure quality food service.

What does an FSA do?

As an FSA working in an insurance company, your typical day involves building and validating mathematical models to assess risk, pricing insurance products, conducting experience studies, and supporting the development of new products. You’ll frequently collaborate with underwriters, product managers, and other actuaries to analyze data and ensure financial soundness. FSAs may also be involved in regulatory compliance, preparing actuarial reports, and presenting findings to both technical and non-technical stakeholders. This dynamic work environment allows for a balance of independent analysis and teamwork on complex problems.

What are the key skills and qualifications needed to thrive as an FSA?

To thrive as an FSA (Fellow of the Society of Actuaries), you need advanced mathematical, statistical, and analytical skills, typically supported by completion of rigorous Society of Actuaries exams and a bachelor’s degree in a quantitative field. Proficiency with actuarial modeling software, spreadsheet programs (like Excel), and statistical analysis tools is essential, along with maintaining FSA certification. Strong communication, problem-solving, and collaboration skills help FSAs present complex financial concepts and work effectively within interdisciplinary teams. These capabilities are crucial for ensuring accurate risk assessment and providing strategic advice in insurance, finance, and consulting settings.

What is an FSA job description?

An FSA (Financial Services Associate) job involves providing financial advice, managing client accounts, and supporting banking or financial service operations. The role typically requires strong communication skills, knowledge of financial products, and proficiency with banking software or financial tools.

What are popular job titles related to Fsa jobs in Chicago, IL?

For Fsa jobs in Chicago, IL, the most frequently searched job titles are:

Infographic showing various Fsa job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, 3% Contract, and 1% Nights. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution, with an average salary of $106,370 per year, or $51.1 per hour.

Consulting Actuary - Life Practice (Experienced FSA)

Chicago, IL • On-site


Milliman
Business Management Consulting • 1 - 5K employees

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

People enjoy working here

Good employer

Paid breaks


$119K - $214K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago


Job description

The Department/Team
We are a team of consultants with deep actuarial subject matter expertise in individual life and annuity insurance products. Combined with our expertise in technology, financial modeling, and analysis, this enables us to provide our clients with advanced analytics and insights required to develop a comprehensive understanding of the business and to make informed decisions.
Your Role/What You'll Do
The Consulting Actuary role is to be involved in a variety of assignments potentially including pricing, modeling, mergers and acquisitions, asset liability management, cash flow testing, statutory, tax, and GAAP valuation.
You will focus on:
  • Modeling and financial projections for actuarial appraisals
  • Development and analysis of experience studies and actuarial assumptions
  • Asset adequacy analysis and cash flow testing
  • Actuarial due diligence for merger and acquisition transactions, including review of financial metrics, assumptions, risks and operations of the business
  • Development of valuation models and production processes for US statutory and GAAP reporting
  • Risk and capital assessment, including RBC and economical capital frameworks
  • Implementation of Milliman's financial modeling and technology solutions, focused on our proprietary MG-ALFA and Integrate platform-based solutions
  • Other projects including development of new products for financial services companies, risk-based capital impact analysis, and developing economic capital models under various frameworks

Job Knowledge, Experience Skills
Job Knowledge Required:
  • Undergraduate degree in Actuarial Science, or a similar mathematical or quantitative program of study
  • Attainment of the FSA designation with the Society of Actuaries (SOA)
  • Minimum of 7 years of full-time work experience in an actuarial role

Experience and Soft Skills Required:
  • Strong quantitative background
  • Proficiency in Excel, VBA and SAS
  • Insurance product modeling experience, and MG-ALFA and Integrate experience, in particular
  • Ability to analyze and apply creative problem solving both independently and within a team
  • Self-motivated individual with a sense of intellectual curiosity and a results-oriented work ethic
  • Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines
  • Strong written and verbal communication skills, along with the ability and willingness to clearly articulate ideas
  • The desire and ability to work in a fast-paced environment where the client is always first

Location
Candidates hired into this role will be required to work in-person 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 September 17, 2026.
Compensation
The salary range for this role is $119,025 - $214,820, 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 well-being. Benefits include:
  • Medical, Dental and Vision - Coverage for employees, dependents, and domestic partners.
  • Employee Assistance Program (EAP) - Confidential support for personal and work-related challenges.
  • 401(k) Plan - Includes a company matching program and profit-sharing contributions.
  • Discretionary Bonus Program - Recognizing employee contributions.
  • Flexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expenses.
  • Paid Time Off (PTO) - 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 - A minimum of 10 paid 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.
  • Short-Term and Long-Term Disability - Fully paid by Milliman.

Equal Opportunity
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.
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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About Milliman

Sourced by ZipRecruiter

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.

Industry

Business management consulting and fitness and sports centers

Company size

1,001 - 5,000 Employees

Headquarters location

Seattle, WA, US


What Milliman employees say

Pay

Benefits

Hours and flexibility

Workplace

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