Corporate pensions continue their ascent as funded percentages improve for the sixth straight month. The #Milliman 100 PFI funded ratio increased to 106.5% during September 2025. Get the full details: https://bit.ly/4haAFje #PensionFundingIndex #Pensions #CorporatePensions
Milliman
Business Consulting and Services
Seattle, WA 94,375 followers
Solutions for a world at risk™
About us
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.
- Website
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http://www.milliman.com
External link for Milliman
- Industry
- Business Consulting and Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Seattle, WA
- Type
- Privately Held
- Founded
- 1947
- Specialties
- Healthcare consulting, Life insurance and investment consulting, P&C/general insurance consulting, and Employee Benefits consulting
Locations
Employees at Milliman
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Steve Schwartz
Product Leader, Entrepreneur, Startup Specialist
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Hitesh Sachan
Digital Transformation and Chief Information Officer
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Kari Jakobe, CPC
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Chris Geddie, CFP ®
Empowering Organizations with Innovative Retirement Plan Solutions | Driving Healthy Financial Outcomes | Retirement Plan Sales Manager at Milliman
Updates
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Competitive pension risk transfer cost inched downward to 100% during August 2025. Competitive bidding process saved about 3.4% of buyout costs as of August 31. The latest results of the #Milliman Pension Buyout Index (MPBI) are available now: https://bit.ly/46CS6oO #PensionBuyoutIndex #PensionFunding #EmployeeBenefits #Actuaries #Pensions #RiskManagement #RetirementSecurity
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We recently had the pleasure of hosting students from Morgan State University at our Seattle office for a career panel and Q&A with our health consultants. Their curiosity, insightful questions, and enthusiasm made for a memorable afternoon. At Milliman, we welcome opportunities to connect with future talent—whether through campus visits, career panels, or office tours—and we look forward to hosting more groups like this in the future. #Milliman #LifeAtMilliman #CareersAtMilliman #InternshipsAtMilliman #Actuaries #Internships
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Explore what’s next in insurance at ITC Vegas 2025—a place where imagination meets impact. We'll be at booth 1748, ready to have exciting conversations about driving our industry forward. We also invite you to join our session on the Innovation in Action Track: a panel discussion moderated by Sheri Scott. 💡Insuring Innovation: Profitable Growth Strategies for Emerging Risks 📆Thursday, October 16 📌10:30am-11:05am Join industry experts from Luminar Technologies, Palomar Holdings, Munich Re Ventures, and #Milliman as we discuss strategies for assessing emerging risks and creating profitable growth. In this session you will learn: - How new data / tech like LiDAR can impact risk - What insurers consider when underwriting new programs - How to identify emerging risks that may also be opportunities The future of insurance is here! #SolutionsforaWorldatRisk #BecauseofITC #ITCVegas #InsureTech #Insurance #Actuaries InsureTech Connect
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In this AKUR8 Academy webinar, Josh Myers shares how the skills actuaries use every day (owning assumptions, spotting trends and balancing risk) are the very foundation of rules-based AI. That means actuaries already have the tools to: ✅ Build transparent, auditable AI systems ✅ Proactively monitor risks instead of reacting too late ✅ Formalize expertise in ways that scale 👉 If you want a clearer picture of how AI can make actuaries more valuable than ever, watch the full webinar here: https://bit.ly/46EOTFc #Milliman #AI #ArtificialIntelligence #Akur8 #Actuaries
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Mercury Insurance is now going to implement XyloPlan's dynamic Wildfire Risk Scores in its underwriting workflow, delivered via Milliman’s PinPoint API. This is what modern risk scoring looks like: up-to-date, structure-specific, and grounded in how fire actually spreads. #Milliman #PinPoint #WildfireRisk #InsuranceAnalytics #RiskScoring #ActuarialScience #Wildfires
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It's International Coffee Day, which got us thinking: What's the formula for the perfect cup of coffee? Well, as you may have guessed, the math doesn't exactly translate (we tried)—so we pivoted. Instead, we imagined: What would the silly chalkboard outside of our local coffee spot say? Here's what our clever, coffee-loving actuaries came up with: ☕May your coffee reserves always be sufficient! ☕ Key risk metric of the day: coffee contingency reserve level ☕Prudent risk management means scanning for low-frequency high-severity events, for example, running out of coffee ☕ E=MC2; E = energy, M=Milliman, C=Coffee! We’ve brewed a few of our own ideas, now it’s your turn. Spill the beans and drop your best coffee puns, formulas, or actual recipes in the comments. #Milliman #InternationalCoffeeDay #LifeAtMilliman
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Since 2005, the Milliman Medical Index (MMI) has estimated annual healthcare costs for people covered by a typical employer-sponsored health plan. To mark the 20th anniversary of the report, MMI authors past and present gathered to explore how healthcare has changed over the past two decades. In this episode of Critical Point, founding report author William Thompson, lead author from 2011-2020 Chris Girod, and current lead author Dave Liner discuss: 👩⚕️How and why healthcare has changed since 2005 💸What drove healthcare spending back in 2005 😷The impact of the Affordable Care Act and the COVID-19 pandemic 📈Why healthcare costs keep rising—and strategies to help bring them down 💊The role of prescription drugs and outpatient care as cost drivers 👀How trends might change again in the next 20 years 🎧Listen now: https://bit.ly/42kOpSe (Transcript available.) #Milliman #CriticalPointPodcast #MillimanMedicalIndex #Healthcare #insurance #InternationalPodcastDay
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Modern actuarial work demands rapid data processing and complex models. In a recent article in The Actuary magazine, Chad Schuster, James Brackett, and Corey Grigg provide a primer for actuaries who want to overcome increasingly demanding computing challenges—from programming languages and processor speeds to the emerging promise of quantum computing. Read the full article for a look at how to find the balance between your actuarial needs and your technology stack, all while keeping things running smoothly. 🔗 https://bit.ly/4nyUFOj #Milliman #Actuaries #InsurTech #SolutionsforaWorldatRisk #Insurance
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Milliman has earned the Military Friendly® Employer designation for a third year in a row. Read this article to hear from our Military ERG leaders and learn how our hiring practices, retention strategies, and support programs make Milliman a great place for military service members and their families to work. #Milliman #LifeAtMilliman #CareersAtMilliman #MilitaryFriendly