About Milliman
Milliman is one of the world’s largest providers of actuarial and related consulting services, with practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Established in 1947, Milliman is an independent firm with a global presence. Our Karachi office supports consulting projects across the Middle East and GCC regions.
Program Overview
We are excited to launch our 3-month internship program for aspiring professionals looking to build a career in Data engineering, Data Analytics, Financial Risk and Quantitative Analysis, Financial Analysis and modeling. The internship offers hands-on experience with real consulting projects. Outstanding interns may be offered a full-time role upon successful completion of the program.
Potential Placement Areas:
- Data Engineering
- Financial Analysis/Modeling
Responsibilities
- Design, build, and maintain data pipelines for collecting, transforming and processing large datasets
- Develop and optimize ETL / ELT processes to ensure data quality, accuracy, and reliability
- Assist in developing and refining financial models, forecasts, and analytical tools
- Help prepare reports, dashboards, presentations, and other business documentation.
- Utilize and maintain spreadsheets, databases, and analytical tools to support project objectives.
- Develop and implement credit risk models, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models
- Participate in departmental projects and contribute to process improvement initiatives.
- Collaborate with team members to identify insights and support decision-making.
- Assist with internal and external communications, documentation, and administrative project tasks.
Who Should Apply
- Recent graduates or postgraduates in Data Science, Mathematics, Statistics, Computer Science, Finance, Business Analytics, or related disciplines.
- Strong written and verbal communication skills, with the ability to present ideas clearly and professionally.
- Proficiency in Microsoft Office applications, particularly Excel, and familiarity with databases or data analysis tools (Power BI, SQL, python)
- Strong quantitative, analytical, and problem-solving skills.
- Client-focused, results-driven, and detail-oriented.
- Strong organizational and time management skills.
- Eagerness to learn and develop professionally in a consulting environment.
- Ability to work independently as well as collaboratively within a team.
- Ability to manage multiple priorities and perform effectively under pressure.
Why Join Milliman
- Exposure to international consulting projects and best practices.
- Mentorship from seasoned actuarial and analytics professionals.
- Opportunity for a long-term career with a globally recognized firm.
- Collaborative and growth-oriented work culture.
Skills Required
- Recent graduate or postgraduate in Data Science, Mathematics, Statistics, Computer Science, Finance, Business Analytics, or a related discipline
- Strong written and verbal communication skills
- Ability to present ideas clearly and professionally
- Proficiency in Microsoft Office applications, particularly Excel
- Familiarity with databases or data analysis tools, including Power BI, SQL, and Python
- Strong quantitative, analytical, and problem-solving skills
- Client-focused, results-driven, and detail-oriented
- Strong organizational and time management skills
- Eagerness to learn and develop professionally in a consulting environment
- Ability to work independently and collaboratively within a team
- Ability to manage multiple priorities and perform effectively under pressure
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.
