2020 Vault Rankings
At a Glance
"Flexible career path."
"You can make your own career."
"The people and the interesting work."
"Significant freedom to explore ideas and test how to go to market. Entrepreneurial."
"Huge drain on personal time."
"You are seen if you mess up—can't hide behind the masses."
"The busy season is a grind but the non-busy season makes up for it."
"Lack of access to IT to implement ideas."
Limited reputation outside practice area.
About Milliman, Inc
An independent streak
Seattle-based Milliman, Inc., is proud of its independence, never answering to outside ownership or influence. That kind of impartial attitude has worked for the firm, whose clients seek it out for objective actuarial and consulting advice. Owned and managed by approximately 350 principals, the 2,800-plus-person firm, which has 57 offices spread across the globe, extends its services to businesses, government agencies, unions, educational institutions and nonprofit organizations alike.
Founded in 1947 by insurance industry veteran Wendell Milliman, who was later joined by an actuary named Stuart A. Robertson, Milliman & Robertson, Inc., mainly focused on pensions, insurance, and assessing business risk. Although actuarial consulting remains a major Milliman focus—more than 1,300 of its employees are qualified consultants and actuaries—the firm has expanded its practice areas to include employee benefits, healthcare, investment, life insurance and financial services, and property and casualty insurance.
Milliman has been a self-described "pioneer" in the retirement plan industry for the past 65-plus years. Services include defined contribution services (including administration), actuarial consulting, communications, compensation consulting, health and welfare consulting and administration, participant education and total retirement outsourcing, among other services. Clients working with Milliman's employee benefits experts also have access to the firm's proprietary tools, including its salary surveys, its Benefits Information and Knowledge Exchange (BIKE) database of news, source documents and benefits-related data, and its trademarked Milliman Actuarial Retirement Calculator (MARC), a pension administration system for the administration of defined benefit and cash balance plans.
In recent years, Milliman has made a concerted effort to grow both in and outside the United States, with a growing list of expansionist moves, such as the recent opening of a new office in Jakarta, Indonesia.
Going on record and online
Milliman consultants have embraced social media as a vehicle to share thought leadership on myriad client-related topics. Examples are always current at the firm's social media sites, including: www.retirementtownhall.com, www.healthcaretownhall.com, twitter.com/millimanhealth, and google.com/+milliman.
1301 Fifth Avenue
Seattle, WA 98101
Phone: (206) 624-7940
Employer Type: Private
President & CEO: Stephen White
2014 Employees (All Locations): 2,900
Seattle, WA (HQ)
57 offices in North America, Latin America, Europe and Asia Pacific
Life & Financial Services
Property & Casualty