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Software Engineer - Life Technology Solutions (Prior Milliman Intern ONLY)

Milliman, Inc
life insurance, parental leave, paid time off, 401(k)
United States, Illinois, Chicago
71 South Wacker Drive (Show on map)
Feb 25, 2025
Description

Who We Are

We believe insurance is a fundamental part of society. By delivering the best actuarial technology solutions for life insurers, we are doing our part to help everyone provide for themselves and their loved ones in of the midst of major catastrophe, critical illness, or death and have access to a retirement that they deserve.

Integrate is a cloud native actuarial modelling and risk management platform for the life insurance market. We are reinventing how risk is modelled and managed so that our customers can provide products that protect the financial well-being of people everywhere.

We are an agile team working within an entrepreneurial business. We are not just a software vendor--we provide a full range of actuarial consulting services. We believe this differentiates us in the industry as our software is built in close collaboration with our consultants and in partnership with our customers, which provides us a feedback loop and lean mindset not usually possible in a heavily regulated market.

We believe technology will fundamentally change the way actuaries work in the life insurance industry, making them more efficient, effective, and informed. We built Integrate to help them focus on what they do best: lead with confidence. We are not only changing the way actuaries work, we are changing the way actuarial solutions are built and delivered.

Company Background

Life Technology Solutions (LTS) is a practice within Milliman, one of the largest actuarial consulting firms in the world. Our system, Integrate, is a market-leading application used throughout the life insurance industry for activities such as financial modelling and reporting, business planning and reporting, and insurance product pricing.

Our innovative cloud-hosted product Integrate uses Microsoft Azure for large-scale financial modelling and reporting calculations, making us the leading actuarial Microsoft Azure Partner and one of the largest worldwide users of cloud computing services.

Responsibilities



  • Collaborate in a team-focused, Agile development environment.
  • Ability to organize and self-direct to get things done.
  • Deliver industry-leading software with competitive cadence.
  • Embrace technical excellence and continuous learning.
  • Contribute and adapt to changing requirements, ideas, and solutions.
  • Design and develop customer facing applications.
  • Write unit tests to cover all requirements/functionality.


Qualifications

Required



  • Bachelor's degree in computer science, applied math, economics, actuarial science, or a related field.
  • Ability to effectively communicate technical information.
  • Passion for technology and shaping the future of the Life Technology Solutions products
  • Experience in software development in a general-purpose programming language.
  • Experience working on projects with multiple work-streams and multiple delivery phases.
  • Experience with data structures or algorithms gathered from a data structures or algorithms class, course projects, research, individual projects, internships, or other practical experience inside or outside of school or work (including open-source hobby coding).


Preferred



  • Experience with the Azure cloud technologies and current cloud computing trends.
  • Actuarial and modeling knowledge through project work, thought leadership, product development or other means.


What We Value



  • Our customers and providing them innovative solutions
  • Agile development--pair programming, shared code ownership, customer interaction, TDD/BDD
  • Team collaboration
  • Eagerness to learn new skills and technologies


Compensation

The salary range for this role is $66,000 - $100,000, 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.
    • Employees working less full-time accrue PTO on a prorated basis.


  • Holidays - A minimum of 10 observed holidays per year.
  • Family Building Benefits including 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.


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.

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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