Insurance Solutions
Actuarial outsourcing
Skilled capacity on demand
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 outsourcing solutions
A trusted partner
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.
Broad expertise
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:
- Business as usual reporting
- Predictive/data analytics
- Experience analysis
- Model migration/implementation/optimization
- Automation/industrialization
- Pricing/product development
- Statutory reserving/reporting
- Strategy development/review
Milliman outsourcing Insight
Added value outsourcing
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.