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Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Deliver on the promises of the past and create smart solutions for the future.
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are.
Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
With increasing internal cost pressures, growing model complexity, and a talent gap for specialist skills, many actuarial teams find themselves needing outside support. Milliman provides high-value actuarial outsourcing using teams consisting of local experts and our consultants based in New Delhi, India. Cost-effective, high-value, and scalable, our fully managed actuarial services help you focus on value-added analysis while we ensure the highest possible levels of quality in foundational work.
Milliman uses a hybrid approach, pairing onshore consultants with offshore teams to ensure high availability, local expertise, and cost-effective capacity. This enables close collaboration and effective communication while maintaining the cost and scalability benefits of outsourcing.
With our deep talent bench, our teams can provide more than the basics. Milliman can deliver top-quality outsourced services in a wide range of areas, including:
We discuss how insurers can benefit from automation of the actuarial process, and how a combination of automation and outsourcing can help reduce costs.
Outsourcing of actuarial demands can be an effective solution, but companies need to carefully consider an engagement’s structure, risk, and resource allocation.
Outsourcing has been popular among insurers for decades, but in this post-Solvency II era, insurers must develop a deeper understanding of where third-party providers can add value for their business.
Over the past couple of years, there has been renewed interest in actuarial outsourcing, with an increasing number of insurers and reinsurers either setting up new outsourcing units or expanding their existing ones. Milliman…
Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.
Monitor and assess compliance with Solvency II while creating an audit trail of completed work and a development plan for future actions.
Assess capital requirements under a wide range of frameworks and get effective strategic advice on how to manage capital.
Understand the impact of a large event on your portfolio, including analysis of loss-expected contract carve outs.
Lower loss and loss adjustment expense costs, get litigation support, and improve claims operations.
Use capital more efficiently to protect against financial risk and comply with growing rating and regulatory requirements.
Embed ERM best practices into your organisation to create a structured and sustainable business management process.
Work with a global leader in financial risk management to the retirement savings industry with more than $142 billion under advisement.
Meet exacting standards while managing the operational and strategic implications with our modelling, actuarial, and consulting skills.
Uncover valuable information hidden in your data, allowing you to take action on key business insight.
Deliver sophisticated and progressive insurance products at reasonable cost with the help of our data, analytics, and consulting expertise.
As regulatory and financial reporting standards continue to evolve, our consultants provide support to life insurance companies in Africa.
Get help with the actuarial aspects of financial exams, rate filing, and model reviews related to catastrophic risk.
Manage Solvency II implementation across pricing, underwriting, risk management, reporting, and more.
Improve risk selection, pricing, and profitability with comprehensive underwriting services and data.
Ask the tough questions. We’re ready for them.