Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.
Rating Reviews
Rating is calculated based on
17
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Pros: I really appreciate the robust work flexibility here, especially as an Actuarial Analyst in the financial services sector. Being able to blend in-office and remote work from Brookfield, WI, is a huge plus, allowing for a much better personal life balance. The global consulting firm has a great culture of collaboration and continuous learning, which has been crucial for my career growth in actuarial consulting. Management is generally understanding regarding personal commitments.
Cons: While work flexibility is a strong suit, during peak project times, the workload for actuarial analysts can become quite intense, making it challenging to fully utilize that flexibility. Communication could also be more consistent across all project teams, ensuring everyone is on the same page regarding deadlines and expectations within our consulting engagements. There's also some minor bureaucracy in larger project approvals.
Advice to Management: Continue to emphasize and support the existing work flexibility policies, as they are a significant strength in attracting and retaining top talent, especially for actuarial roles. Investing in better project management tools could further smooth out peak workloads and enhance overall team
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Pros: Competitive pay for Actuarial Analysts in financial services. Excellent health insurance and 401k match are strong perks. Tuition reimbursement for actuarial exams greatly supports professional growth and career development.
Cons: Bonus transparency could improve for junior Actuarial Analysts. It's not always clear how individual contributions translate directly to the final bonus amount. Occasional intense workloads during busy periods also impact work-life balance.
Advice to Management: Continue to invest in the strong benefits, a key retention factor for Actuarial Analysts. Improve bonus transparency for junior staff to ensure they fully understand how their contributions translate to rewards.
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Pros: I really appreciate the job security at this global consulting firm; it's a very stable place within the actuarial field. There's a strong focus on professional growth and plenty of learning opportunities, especially for us Actuarial Analysts. The team in Brookfield, WI is collaborative and supportive. Benefits are competitive, which is great in the financial services industry.
Cons: The workload can be intense during peak seasons, which sometimes impacts work-life balance for those in consulting roles. While career progression is available, it sometimes feels like like you have to really push for those next steps. Communication could also be more consistent regarding project shifts.
Advice to Management: Continue fostering open communication, especially during peak workload times, to help Actuarial Analysts manage expectations. Clearer, more consistent career progression pathways would further enhance talent retention and growth across the firm.
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What's the typical interview process duration at Milliman for an actuarial role?
For an actuarial position at Milliman, the interview process usually takes about 2-3 weeks from the initial screening to the final offer. It involves a few rounds of interviews, including technical and behavioral assessments.
Does Milliman offer good parental leave benefits for new parents in their consulting roles?
Yes, Milliman provides a comprehensive parental leave policy that supported me well during my time off after welcoming my child. It was great to have that time to focus on my family without worrying about work.
What are the health insurance benefits like for employees at Milliman, a large consulting firm?
Milliman offers comprehensive health insurance options, and I found the coverage for medical and dental to be quite good, which is a big plus for a company of its size in the consulting industry.
What's the working culture like at Milliman for actuaries in Chicago?
At Milliman, I found the working culture to be collaborative and intellectually stimulating, with a strong emphasis on mentorship for junior actuaries in their Chicago office. We often worked in project teams, fostering a supportive environment for professionals in the insurance and financial services industry.
What is the working culture like at Milliman, a large actuarial consulting firm?
Working at Milliman, a major actuarial consulting firm, felt collaborative. I experienced a supportive environment where senior actuaries were accessible, which was great for my development in the insurance industry.
What's it like working as a data scientist at Milliman in the Seattle area?
As a data scientist at Milliman's Seattle office, I've found the actuarial consulting firm offers challenging projects and great colleagues, fostering professional growth in the insurance industry.
What's the interview process like for an analyst role at Milliman, a large consulting firm?
My interview experience for an analyst position at Milliman involved a mix of behavioral questions and case studies, typical for a large actuarial consulting firm. The process felt thorough, allowing me to showcase my analytical skills.
What is the working culture like at Milliman, a large consulting firm in Seattle?
The culture at Milliman, a major employee-owned consulting firm, felt collaborative and intellectually stimulating, with many opportunities for professional growth in roles across the actuarial and financial risk sectors.
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