Consulting Actuary

Reposted 7 Days Ago
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Gurugram, Haryana, IND
In-Office
Mid level
Healthtech • HR Tech • Insurance • Consulting
The Role
Join a global actuarial consulting team to deliver modelling, valuations, pricing, M&A, and business-planning projects. Contribute research and innovative solutions, work in project teams led by senior actuaries, maintain client relationships, and operate effectively in a fast-paced, flexible environment.
Summary Generated by Built In

About Milliman:

Milliman is among the world 's largest independent actuarial and consulting firms. Founded in 1947, Milliman has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, and the Middle East. With more than 5,000 employees and revenues of US$1.7 billion in 2025, the firm serves the full spectrum of business, governmental, and financial organisations. In Asia-Pacific, Milliman has over 600 employees working across 13 offices in Colombo, Kuala Lumpur, Jakarta, Singapore, Hong Kong, Beijing, Shanghai, Taipei, Gurgaon, Mumbai, Seoul, Tokyo and Sydney in life and financial, healthcare, property and casualty, and employee benefits consulting practices. For further information, visit milliman.com.

Key responsibilities:

  • Work closely with our team of consultants working across the globe, while delivering high-quality projects to our global client base
  • Work on a diverse range of actuarial projects (actuarial modelling, valuations, pricing, business planning, mergers and acquisitions amongst others)
  • Contribute to research and drive innovative new solutions
  • Work effectively and efficiently in project teams led by senior actuaries
  • Help develop and maintain client relationships
  • Work in a flexible, but fast-paced environment 

Ideal candidate profile:

  • Significant experience of actuarial modelling (ideally on FIS Prophet®), with knowledge of modelling best practices, modelling techniques, model validation, and model documentation
  • Ability to take ownership of a technical challenge and see it through to a successful conclusion
  • Excellent analytical and communication skills
  • 4-7 years of relevant professional experience
  • Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)
  • Significant progress on examinations from a recognized professional body/institute
  • Knowledge of actuarial software and commonly used software is preferred
  • Ability to work in a highly collaborative environment as well as independently with minimum supervision
  • Driven and self-motivated

 What we offer:

  • 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

Skills Required

  • Significant experience of actuarial modelling, with knowledge of modelling best practices, techniques, validation, and documentation.
  • Experience with FIS Prophet (ideally) or similar actuarial modelling platforms.
  • Ability to take ownership of technical challenges and deliver successful outcomes.
  • Excellent analytical and communication skills.
  • 4-7 years of relevant professional actuarial experience.
  • Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
  • Significant progress on professional actuarial examinations from a recognized body/institute.
  • Knowledge of actuarial software and commonly used software.
  • Ability to work collaboratively and independently with minimal supervision.
  • Driven and self-motivated.

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.

  • 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.
  • 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.
  • 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.

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The Company
HQ: Seattle, WA
3,644 Employees
Year Founded: 1947

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.

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