💰💵 We are excited to announce that Milliman is now offering a Student Loan Retirement Match solution for our 401(k) recordkeeping clients through Candidly. This collaboration is a testament to our dedication to improving financial outcomes and supporting the well-being of employees across the globe. #Milliman #StudentLoans #EmployeeBenefits #Retirement
Milliman
Business Consulting and Services
Seattle, WA 73,647 followers
It Takes Vision.
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
Updates
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During August, the funded status of the 100 largest corporate defined benefit pension plans in the United States fell by $10 billion, the largest monthly decline in 2024. "As in July, both assets and liabilities increased during the month, but investment gains weren’t enough to offset liability increases. With markets falling from all-time highs and discount rates starting to show declines, pension funded status volatility is likely in the months ahead, underscoring the prudence of asset-liability matching strategies for plan sponsors," said the report's author, Zorast Wadia. Get the full analysis here: https://bit.ly/4d4CcDw #Milliman #pensions
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Excited to be part of the National Association of Mutual Insurance Companies (NAMIC) Annual Convention! Visit us at booth 513 to discover how our advanced analytics and AI-driven technologies can help you manage and mitigate costs more effectively. We understand that schedules can be tight during the conference. If you’d like to arrange a meeting in advance, please contact Trever Mertz. See you in Denver, September 22-25! #Milliman #NAMICac24 #insurance
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💡🗽☂️ Our 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗥𝗶𝘀𝗸 & 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝘀 returns to New York on 16 September! 𝗣𝗮𝗻𝗲𝗹 𝘀𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁 | CROs in conversation: opportunities and barriers to growth ahead for the insurance sector 𝗙𝗲𝗮𝘁𝘂𝗿𝗶𝗻𝗴: ✅ Brian Schneider, CRO, CNO Financial Group ✅ Meyrick Douglas, Senior Vice President, CRO, Prudential Financial ✅ Prateek Chhabra, CRO, The Hartford ✅ Sarah A Williams, CRO, Guardian Life ✅ Tony Dardis, Principal and Consulting Actuary, Milliman To register or for more information please visit https://lnkd.in/grztMQBY or email [email protected]. #risk #capitalmanagement #regulation #IERMIRC #capitalmartkets #cyberrisk #riskmanagement #capital #catrisk #esg #climaterisk #ai #emergingrisks #netzero #alm #investment #liquidity #volatily #AI
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We are pleased to see the Arius® team to join a firm as innovative as AKUR8. We have been working with Akur8 for five years as they have developed their pricing tool, and over the course of that collaboration we recognized a significant opportunity for Arius to be paired with Akur8’s pricing software. This integration will offer actuaries advanced tools to address the evolving challenges of risk management, regulatory compliance, and financial reporting. #Milliman #actuaries #insurance
AKUR8 is thrilled to announce the acquisition of Arius®, an award-winning P&C reserving software for insurers and reinsurers, known for its innovative tools and methodologies that help insurers manage risk and improve financial performance. 🚀 Acquired from Milliman, Inc., a global leader in actuarial solutions, Arius® strengthens the value we deliver to insurers worldwide. With the combined power of Akur8 Pricing and Reserving, non-life insurers can boost the speed, accuracy, and reliability of their actuarial processes. We are delighted to welcome the Arius team to the Akur8 family, and excited to embark on this new chapter together to deliver even greater value to our clients! 🤝 Read the press release here: https://lnkd.in/ecZV_A9q #machinelearning #insurance #actuaries
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🦷 Dental service utilization among Medicare Advantage beneficiaries with dental coverage has changed dramatically over time. Why? Donna Wix and Joanne Fontana analyzed the data of over 1 million beneficiaries to uncover the drivers behind the changing landscape: https://bit.ly/3Z6yUMZ #Milliman #MedicareAdvantage #HealthInsurance
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🏥 Prepare to transform your hospital's strategy with our exclusive webinar on the Centers for Medicare & Medicaid Services Transforming Episode Accountability Model (TEAM)—the 5-year mandatory episode-based model. Watch as Pamela M. Pelizzari, Christopher Murphy, and Alyssa Pennini break down what to expect with TEAM, key dates to keep in mind, and how to prepare for the program's kick-off on January 1, 2026. 🔗💻 https://bit.ly/3TcfxhL #Milliman #Medicare #Medicaid #Insurance
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🏠 Are you keeping up with the latest trends in mortgage risk? The midyear Milliman Mortgage Default Index is out now. Data shows mortgage risk increasing for government-sponsored-enterprise acquisitions. 🔗Dive into the full report by Jonathan Glowacki CERA, FSA, MAAA and Judith-Anne Brelih, ASA, MAAA: https://bit.ly/478xhQV #Milliman #MortgageRisk #RiskManagement
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🌟Milliman employees Scott Brown, Sarah Moore, and Austin Barrington, FSA, MAAA were all mascots in their former gig-lives. Conveniently, it's also Global Talent Acquisition Day! What a perfect time to celebrate the amazing individuals who bring their unique talents to our workforce. 🎢During college at Rowan University, Scott dressed up the school’s owl mascot, “The Prof,” for a gameday event. He also was a Looney Tunes mascot at the Six Flags Great Adventure amusement park and for a minor league hockey team. “The first day I was in costume at Six Flags I was Foghorn Leghorn,” Scott says. “Someone asked for an autograph, and I signed my name! I quickly scribbled it out and wrote Foghorn Leghorn.” 🐻Austin has been the Kool Aid man at grocery conventions, Clifford the Big Red Dog at Scholastic Book Fairs, and a giant chicken hawking chicken wings at a grocery store. “So it was only right for me to also play Blue Bear when I worked at HCSC (Blue Cross Blue Shield of IL, MT, NM, OK, and TX),” Austin says. ⚾Sarah was “Coop,” the mascot for the South Bend (Ind.) Silver Hawks minor league baseball team (now the South Bend Cubs) during middle school. “One time, I got attacked by kids wielding mini-bats while their parents cheered them on,” Sarah says. “Eventually the parents got the kids to stop, but it wasn’t until they got a few good swings in.” Any fellow mascots in our audience? You'd be in great company here at Milliman! #Milliman #LifeatMilliman #GlobalTalentAcquisitionDay
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In this article by Al Klein, we explore the past, present, and future mortality due to COVID-19 in the United States, showing how mortality has changed for both the general population and the life insurance industry. ⏪The past: data on excess mortality and top-five causes of death by age ⏯️The present: discussion behind continued excess mortality compared with 2019 ⏩The future: questions and issues to consider Check out Figure 5, which shows the change in the top 5 causes of death by age from 2019-2023. #Milliman #COVID19 #insurance