Who does Milliman hire?
expertise will always be a core strength at Milliman, but over the past
several decades the breadth of products and services we provide has grown,
and our staff now includes a wide range of professionals.
still employ many of the best actuaries in the business, our ranks have grown
to include clinicians, economists, investment consultants, benefits
administration experts, chartered financial analysts, IT specialists, and
quantitative analysts. Our professionals come from a variety of backgrounds,
including Big 4 consultancies, insurance and reinsurance companies, Wall
Street firms, commercial banks, technology and software companies, government
agencies, and academia.
What does an actuary do?
solve problems in the business world by analyzing and managing risk. They
primarily work for insurance companies, consulting firms, and government
organizations. However, they also work for universities, banks and investment
firms, large corporations, accounting firms, hospital and physician
organizations, rating bureaus, labor unions, and other organizations. While
actuaries must be well-versed in mathematics, they are also knowledgeable
about computer science, economics, pertinent social issues, and the law.
The process of becoming an actuary requires specific educational training
and involves a series of exams administered by the Society of Actuaries and/or the
Casualty Actuarial Society.
The American Academy of
Actuaries is the organization that represents the entire actuarial
profession in the United States. It sets professional standards of actuarial
qualification, practice, and conduct, and assists in the formulation of public
policy by providing independent and objective information, analysis, and
education. To learn more about the actuarial profession, visit these
organizations' websites, or go to BeAnActuary.org.