Milliman · 4 days ago
Associate Counsel
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$121K/yr - $199K/yr
3+ years expMilliman is a leading provider of actuarial and consulting services, and they are seeking an Associate Counsel for their LifeRTC division. This role involves a wide range of responsibilities including contracting, regulatory compliance support, corporate governance, and international coordination, requiring the attorney to be adaptable and comfortable with various legal issues.
AnalyticsConsultingInsurTech
Responsibilities
Review and negotiate investment management agreements, NDAs, releases, consulting and other professional services agreements, technology agreements (both SaaS licenses and vendor agreements), and trading agreements
Identify risks and escalate as necessary
Maintain templates and contract process discipline
Assist as needed with Advisers Act, Investment Company Act, or other applicable regulation obligations, such as rule analysis, review of materials, or otherwise
Support registered fund matters (prospectus reviews, board materials, etc.)
Assist with policies, procedure, filings, and regulatory exams
Support board and or committee preparations, which may include recordkeeping
Coordinate with Milliman’s offices in the UK and Australia on similar responsibilities
Take on legal workstreams outside core expertise as business demands require
Qualification
Required
Juris Doctor required, admitted in at least one U.S. jurisdiction
3-6 years of legal experience (law firm or in-house)
An ideal candidate must have significant experience in at least one of the following areas: Registered funds (mutual funds, ETFs), Derivatives (options, futures, or swaps), Professional/advisory services (e.g., M&A advisory, investment banking, consulting)
Experience in a regulated or financial services environment
Adaptability and composure under shifting priorities
Strong judgment and escalation instincts
Clear, concise writing
Ownership mentality and willingness to take the initiative
Preferred
Sharp critical thinking skills, sound judgment and decision-making ability, and both the ability and willingness to clearly articulate your ideas
Expansion of subject matter expertise across registered funds, derivatives, and professional/advisory services, as listed above in the job knowledge section
Benefits
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.
Company
Milliman
Milliman is a risk management, benefits, and technology firm that offers insurance and retirement services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kathy Kalstrup
Chief Operating Officer
Amy Litton
DC Operations Support Consultant
Recent News
2026-01-11
2026-01-06
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