Monster makers makes a fantastic flesh tone pigment for silicone. Just a tiny, tiny bit goes a very long way. And a little tip, do a layer in flesh, and then an underlying layer in red. Your blood running through your veins is what gives your skin it's color. The silicone, if translucent enough will have a much more realistic tone to it with teh red behind it, and will also cut down any additional coloring. (also, when phtographing with a flash, keeps it from looking pale or white)
Here are some examples of the coloring technique. Note though, that these next two pictures are eight years old, and not using Monster Makers pigments, but powdered paint.
This is a closeup showing how the red can show up..
And this head has had very little coloring done to it, aside from the layering (though, there is some additional coloring at this stage, particularly nostrils, lips and eye shading to match the actress)
And this one (WIP) is done with Monster Makers. Again, very little extra coloring has been done, really just the lips. (and sorry for the crappy iPhone pic)