The Role
We are now accepting applications for an Actuarial Associate position in our Hong Kong Life consulting team.
As a core part of our team, you will support the development and delivery of a diverse range of consulting activities across multiple markets in Asia Pacific. This is likely to include work in the following areas, amongst others:
- Mergers and acquisitions;
- Reserving analysis;
- Product development and pricing;
- Data analysis and validation;
- Modelling and model validation;
- Market research and analysis; and
- Risk and capital management.
Milliman will provide training throughout your career to help you to develop into an actuarial consultant who is able to provide effective solutions to the challenges facing our clients. You will be exposed to a wide range of client assignments, enabling you to build a strong portfolio of experience, and you will receive on-the-job training to assist you in your day-to-day work. During your career at Milliman you will also be involved in our marketing efforts, through participating in research and development activities, preparing material for publication, and assisting and participating in proposals and pitches to new and existing clients.
What are we looking for?
We are looking for an articulate, confident, numerate and personable individual who enjoys the challenges and responsibilities associated with a career as an actuarial consultant in our fast-growing Asia Life Insurance Practice. In particular, we are aiming to hire someone with:
- Intellectual curiosity and the willingness and ability to learn new things and be adaptive;
- Can-do attitude and ability to work effectively with people at all levels in an organization and under tight timelines.;
- at least 4 years of relevant working experience in the life actuarial field;
- Strong modelling skills, with at least 2 years' experience of actuarial software such as Prophet
- A strong academic record
- Solid experience with execution of life insurance projects in Asia Pacific
- Understanding of the Indian life insurance market (in order to support our clients in India)
- Fluent in spoken and written English. Other languages will be an advantage.
Skills Required
- At least 4 years of relevant working experience in the life actuarial field.
- Strong modelling skills with at least 2 years' experience of actuarial software such as Prophet.
- Solid experience executing life insurance projects in Asia Pacific.
- Understanding of the Indian life insurance market to support clients in India.
- Strong academic record.
- Fluent in spoken and written English.
- Intellectual curiosity and willingness to learn; adaptive.
- Can-do attitude and ability to work effectively with people at all levels under tight timelines.
- Team player, dedicated, and detail oriented.
- Knowledge of other languages (advantage).
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.
