Milliman is one of the world's leading independent consulting firms, helping clients solve some of the most complex challenges in insurance, financial services, healthcare, pensions, and risk management. In the Benelux, we combine deep subject matter expertise with advanced analytical capabilities to help clients transform their businesses.
As artificial intelligence and cloud technologies rapidly reshape the financial industry, we are expanding our team with professionals who bring strong technical and data engineering expertise alongside an interest in financial services.
The RoleAs a Data & AI Consultant, you will help financial institutions modernize their analytical landscape by designing and implementing scalable data solutions, cloud-based applications, and AI-enabled workflows.
You will work closely with consultants, quantitative experts, actuaries, and clients to transform existing analytical models into modern, maintainable, and production-ready solutions. This includes migrating complex Excel-based models to cloud platforms, building robust data pipelines, and enabling organizations to leverage AI and advanced analytics effectively.
This role offers an excellent opportunity to apply your technical expertise to challenging real-world problems while gaining exposure to the insurance and financial services industry.
What You Will Do- Design, build and maintain modern data solutions for clients in insurance and financial services.
- Help migrate analytical and financial models from Excel and legacy environments to cloud-based platforms, primarily Microsoft Azure.
- Develop scalable data pipelines and workflows for processing and managing large datasets.
- Design efficient data structures, databases, and data architectures.
- Support the implementation of AI and machine learning solutions within client environments.
- Collaborate with multidisciplinary teams to translate business challenges into technical solutions.
- Contribute to software development, automation, testing, and deployment of analytical applications.
- Stay up to date with emerging technologies in cloud computing, AI, and data engineering.
We are looking for technically strong candidates who enjoy solving complex problems and are excited by the opportunities that AI and cloud technologies create.
Required
- Master's degree (or equivalent) in Data Science, Computer Science, Mathematics, Physics, Engineering, Artificial Intelligence, Econometrics, or another quantitative or technical discipline.
- Strong programming skills, preferably in Python.
- Solid understanding of data engineering concepts, including databases, SQL, data modelling, and data structures.
- Experience with cloud platforms, preferably Microsoft Azure.
- Affinity with software engineering best practices, including version control, testing, and CI/CD.
- Strong analytical and problem-solving skills.
- Excellent communication skills and the ability to work in multidisciplinary consulting teams.
- Fluent in Dutch and English.
Preferred
- Experience with AI, machine learning, or large language model (LLM) applications.
- Knowledge of Azure Data Factory, Databricks, Azure Functions, Synapse, or similar cloud technologies.
- Experience with containerization and DevOps tooling.
- Familiarity with financial services, insurance, risk management, or quantitative modelling.
- Knowledge of actuarial modelling or financial mathematics is considered an advantage but is not required.
- Challenging consulting projects with leading financial institutions across the Benelux.
- The opportunity to work at the forefront of AI, cloud technology, and data engineering.
- Collaboration with highly skilled consultants, actuaries, and technical specialists.
- A strong learning environment with extensive opportunities for professional development and certification.
- International collaboration within Milliman's global network.
- A competitive salary and attractive benefits package.
- Flexible working arrangements with offices in Amsterdam, Brussels, and Luxembourg.
The financial services industry is undergoing a fundamental technological transformation. At Milliman, we combine decades of industry expertise with modern technology to help our clients build the next generation of analytical platforms.
If you enjoy combining software engineering, data, AI, and quantitative thinking to solve complex business challenges, we'd love to hear from you.
Skills Required
- Master's degree (or equivalent) in Data Science, Computer Science, Mathematics, Physics, Engineering, AI, Econometrics, or similar
- Strong programming skills, preferably in Python
- Solid understanding of data engineering concepts including databases, SQL, data modelling, and data structures
- Experience with cloud platforms, preferably Microsoft Azure
- Affinity with software engineering best practices including version control, testing, and CI/CD
- Strong analytical and problem-solving skills
- Excellent communication skills and ability to work in multidisciplinary consulting teams
- Fluent in Dutch and English
- Experience with AI, machine learning, or large language model (LLM) applications
- Knowledge of Azure Data Factory, Databricks, Azure Functions, Synapse, or similar cloud technologies
- Experience with containerization and DevOps tooling
- Familiarity with financial services, insurance, risk management, or quantitative modelling
- Knowledge of actuarial modelling or financial mathematics
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.
