The Chicago office of Milliman Inc. is looking for enthusiastic and qualified candidates to join its Life, Financial Services, and Life Technology Solutions (LTS) practice for an internship/co-op work term to work on mergers and acquisitions projects and other assignments such as risk-based capital impact analysis.
Requirements
- Sophisticated financial models
- Stochastic models
- Dynamic hedging programs
- GAAP valuation
- Statutory valuation
- Asset liability management
- Cash flow testing
Responsibilities
- Merger and acquisition projects, covering a range of valuation metrics and functions including pricing, modeling, asset liability management, cash flow testing, statutory, tax, and GAAP valuation.
- Merger and acquisitions due diligence including review of assumptions, risks and operations of the business.
- Evaluating the appropriateness of modifying product features in reducing a company's risk exposure
- Designing and executing scalable dynamic hedging programs to manage equity guarantee risk and meet strategic risk management objectives
- Pricing and developing new products for financial services companies
- Building stochastic models for hedging, GAAP, statutory valuation, and/or appraisals of Variable Annuities and/or Fixed Indexed Annuities business
- Determining the impact of various risk management programs with respect to M&A transactions
Other
- Full-Time
- Hybrid
- Locations: Chicago
- Student Opportunity
- Expected graduation date not specified
