Company History - Milliman - United Kingdom
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With no agenda, other than getting it right. Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in Employee Benefits, Investment Consulting, Healthcare, Life Insurance & Financial Services, and Property & Casualty Insurance. News 11 November 2014 — Wired The biggest risk facing insurers today? Old-guard IT 14 October 2014 — Asia Insurance Review Actuarial feature for EAAC: What more can actuaries do? See all news Solutions Analytics & Technology Healthcare Insurance Investment Risk Management & Financial Services MG-Hedge Risk analysis and market exposure hedging. STAR Solutions - NAVI Reduce risk calculation time and gain insight into risk exposure. Arius A complete solution for non-life loss reserve analysis. Careers Careers home Our People New Grads Experienced Hires Practice Areas Employee Benefits Financial Risk Management Healthcare Life Insurance Property & Casualty Working Here Unique Structure The Work Matters Life + Work Essentials Benefits Office Locations Common Questions Featured Jobs Actuarial Software and Client Services Consultant Atlanta, GA Benefits Analyst II Seattle, WA Benefits Analyst I Seattle, WA Healthcare Analytics / Data Scientist New York, NY All current job openings Expert thinking from Milliman. All articles and stories See all videos Featured Topics Analytics and modelling Enterprise risk management Life insurance MG-ALFA Solvency II Recent stories Milliman quarterly statistics data, Second quarter 2014 Localizing a microinsurance program Capital management in a Solvency II world 2013 Embedded Value Results Generating Value Our Company Who We Are Company History Contact Us News & Events Consultants Company History Milliman has been a leader in actuarial consulting since 1947, when renowned actuary and insurance industry veteran Wendell Milliman launched the first actuarial firm in the Pacific Northwest region of the United States. Wendell was later joined by a brilliant young actuary named Stuart Robertson, and together they established Milliman & Robertson—a visionary company that quickly developed into one of the most influential actuarial consulting firms in the United States. Early on, Milliman and Robertson created a unique corporate culture that valued the independence of its consultants, both from the distractions of outside ownership and the bureaucratic impediments of more conventional business models. Independence, they believed, would promote groundbreaking and unbiased consulting work, which would attract clients looking for innovative solutions and unfettered professional advice. They also felt that such an unconventional and equitable working environment would help them recruit the best minds in the industry. Their experiment was a success and the firm’s reputation flourished. Milliman’s leadership in the markets it serves is evidenced by its history. From its inception, the firm was a leader in life insurance and pension consulting, and later grew robust healthcare and property & casualty disciplines. In the 1950s, Milliman issued the first health insurance cost benchmarking tool, which continues to be the most respected pricing tool available. In the 1960s, Milliman consultants pioneered new designs for annuities and employee benefit plans and helped devise the first health maintenance organisations (HMOs). In the 1970s, Tom Bleakney and Wendell Milliman literally wrote the book on public pensions. In the 1980s, Milliman developed early pension valuation and financial modelling systems that would become industry standards. In the 1990s, the firm began its global expansion by opening an office in Tokyo, and that expansion has now culminated with Milliman offices in most major cities around the globe. And in the last decade, the firm has eclipsed USD $750 million in revenue while continuing to be an innovation engine for our clients. Going back as far as Wendell Milliman, the firm’s principals have often served in leadership roles with actuarial organizations, such as the Society of Actuaries, the Casualty Actuarial Society and the American Academy of Actuaries. We have been leaders in enterprise computing since the 1960s, and that leadership continues today as we provide clients with cloud-based solutions for their business problems. While the firm’s roots are actuarial, Milliman now services many other markets and continues to contribute innovations in risk management, predictive analytics and healthcare efficiency. Today, thanks to the vision of our founders and innovations by succeeding generations of principals, Milliman remains a driving force in the industry we helped define more than sixty years ago. Connect with Milliman Twitter @millimaninsight @millimaneb @millimanhealth @millimancareers LinkedIn Google+ YouTube Blogs Healthcare Townhall Retirement Townhall The Business of Risk Risk and Solvency About Milliman Our Company Who We Are Company History Contact Us News & Events Consultants Solutions Analytics & Technology Healthcare Insurance Investment Risk Management & Financial Services Careers New Grads Experienced Hires The Work Matters Life + Work Current Job Openings Insight Analytics and modelling Enterprise risk management Life insurance MG-ALFA Solvency II For more than six decades, Milliman has combined technical expertise with business acumen to create elegant solutions for our clients. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation. Copyright information Terms of use Privacy policy