ABOUT MILLIMAN
Milliman is among the world’s largest providers of actuarial, risk management, and related technology and data solutions. Our consulting and advanced analytics capabilities encompass healthcare, property and casualty insurance, life insurance and financial services, and employee benefits.
With more than 5,100 employees and revenue of US$1.7 billion in 2025, the firm serves the full spectrum of business, financial, government, union, education, and nonprofit organizations.
Founded in 1947, Milliman today has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, the Middle East, and Africa.
JOB DESCRIPTIONS
The Milliman Shanghai office provides consulting services to a broad array of clients in the Health and Property & Casualty fields. We are looking for a junior-level actuarial analyst based in Shanghai or Chengu. This position provides excellent opportunities for professional development and advancement.
This position is open not only to candidates with an actuarial degree, but also to those with a degree with a high quantitative and analytical content (e.g. mathematics, statistics, risk management, etc).
We provide extensive on-the-job training in consulting skills and advanced actuarial techniques.
JOB RESPONSIBILITIES
- Assisting with regular reserving and pricing projects in Property & Casualty and Health field
- Assisting with research and marketing projects in Property & Casualty and Health fields
- Assisting with M&A and Appraisal Value related projects in Property & Casualty and Health field
- Presenting results to peers, project managers, and client relationship managers
- Drafting written reports and preparing other external/internal correspondence
- Preparing and documenting project files
WHAT WE LOOK FOR
- Fresh graduate (2027) with major in Actuarial Science, Insurance, Statistics, Mathematics or related fields
- Proficiency in English and Chinese Mandarin
- Pass three or more actuarial examinations (CAA, CAS, SOA, IFOA, etc.)
- Strong communication (written and oral), and organizational skills
- Proficiency with spreadsheets and database applications (Microsoft Office products)
- R, SQL, Python knowledge a plus
- Strong quantitative and analytical skills
- Client-focused, results-driven, and detail-oriented
- Strong time management skills
- Self-motivated and creative problem solver
- Ability to work independently and in a team environment
Skills Required
- Fresh graduate in 2027 with a degree in Actuarial Science, Insurance, Statistics, Mathematics, or a related field
- Proficiency in English and Chinese Mandarin
- Pass three or more actuarial examinations from organizations such as CAA, CAS, SOA, or IFOA
- Strong written and oral communication skills
- Strong organizational skills
- Proficiency with spreadsheets and database applications, including Microsoft Office products
- Strong quantitative and analytical skills
- Client-focused, results-driven, and detail-oriented
- Strong time-management skills
- Self-motivated with creative problem-solving abilities
- Ability to work independently and in a team environment
- Knowledge of R, SQL, and Python
Milliman Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Milliman and has not been reviewed or approved by Milliman.
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Healthcare Strength — Core coverage includes subsidized medical, dental, and vision, plus company-paid life, AD&D, and disability. Materials highlight robust health protections as part of the standard package.
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Retirement Support — A 401(k) with matching is paired with profit-sharing contributions described as generous. These features can significantly bolster long-term compensation when contributions are strong.
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Parental & Family Support — Paid parental leave and family-building support (adoption and fertility) are available alongside caregiver and emotional support resources. These programs extend protection beyond core insurance to meet family needs.
Milliman Insights
What We Do
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.
