About Milliman
Milliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 5,100 employees, more than $1.64 billion in annual revenue in 2024, and more than 60 offices worldwide.
Milliman is seeking actuarial professionals with strong analytical, problem-solving, technical and communication skills to join our life practice based in Mumbai.
This is an ideal opportunity for actuarial students to join and collaborate with our team of experts from across the world in a dynamic, challenging and rewarding environment.
We offer the opportunity to
- Work closely with a team of consultants working across the globe delivering high-quality work to our clients
- Work on a diverse range of actuarial projects (actuarial modelling, valuations, pricing, business planning, mergers and acquisitions and many more)
- Contribute to research projects and innovate new solutions to help our clients
- Work effectively and efficiently in project teams led by senior actuaries
- Help develop and maintain client and internal relationships
- Work in a flexible but fast-paced environment
Desired experience and professional qualifications
- 2-4 years of relevant professional experience
- Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)
- Pursuing actuarial examinations from a recognized professional body/institute
Desired competencies
- Basic actuarial domain knowledge of life and annuity products
- Knowledge of Prophet, Python, R and SQL is preferred
- Ability to work in a highly collaborative environment as well as independently with minimum supervision
- Ability to take ownership of a technical challenge and see it through to a successful conclusion
- Excellent analytical and communication skills
- Driven and self-motivated
Benefits offered
- Opportunity to work with local and international market experts on a wide variety of projects
- Competitive remuneration and annual performance-based bonuses
- Professional actuarial examination support
- Opportunity for continuous training and development
- Flexible working arrangements
Qualifications Behaviors Required Team Player: Works well as a member of a group Enthusiastic: Shows intense and eager enjoyment and interest Dedicated: Devoted to a task or purpose with loyalty or integrity Education Required Bachelors or better.
Skills Required
- 2-4 years of relevant professional experience
- Bachelor's or Master's in Actuarial Science, Mathematics, Statistics, Economics, or related field
- Pursuing actuarial examinations from a recognized professional body/institute
- Basic actuarial domain knowledge of life and annuity products
- Excellent analytical and communication skills
- Ability to work in a highly collaborative environment as well as independently with minimum supervision
- Ability to take ownership of a technical challenge and see it through to a successful conclusion
- Knowledge of Prophet, Python, R and SQL
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.
