Milliman

  www.milliman.com
  www.milliman.com
There are newer employer reviews for Milliman

4 people found this helpful  

Good company, bad work-life balance

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Actuarial Analyst in Seattle, WA
Former Employee - Actuarial Analyst in Seattle, WA

I worked at Milliman full-time (more than an year)

Pros

Smart, entrepreneurial staff. Fair compensation for excess hours worked. Interesting work. Ample opportunity to take on more work/new roles. If you are valuable and your principles are good, you will have plenty of billable hours.

Cons

Multiple urgent projects vying for attention at all times. Sometimes just feels like an endless production line of urgent work. Management more interested in using you up than developing you. Development is largely independent. Business can get in the way of real learning. Heavy, heavy focus on billable hours.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

81 Other Employee Reviews for Milliman (View Most Recent)

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  1. 2 people found this helpful  

    Interview Your Principal Carefully, Rewards May Be on the Low End of Being Reasonable, Unsustainable, or Inconsistent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial Analyst in San Francisco, CA
    Current Employee - Actuarial Analyst in San Francisco, CA

    I have been working at Milliman full-time (more than 5 years)

    Pros

    quiet and organized office
    interesting work
    free drinks and snacks in the kitchen
    supply room is well stocked
    IT staff is great
    office parties
    fun staff
    holiday dinner
    retirement plan
    nice conference room
    great location

    Cons

    some of the profit centers have a major problem with disappointment, you can see this through body language.
    nonsensical raises and bonuses.
    lack of professional development.
    blockheads can ruin the atmostphere in the office.
    poorly communicated goals and objectives.
    work needs to be reviewed more carefully by principals.
    small mistakes can be overlooked and discovered later, but if the client has paid then it's never addressed.
    some employees are assigned too much work so the work quality can suffer.
    other actuarial firms provide more exam and educational support.
    It's ashame, but senior staff may never give official credit to staff who have done the majority of the work.
    revenue can go up but staff will get the short end of the stick, and be handed a check with a smile on their supervisor's face

    Advice to ManagementAdvice

    always set realistic expecations. what do you expect from your employee? what should your employee expect from you? BE VERY CLEAR
    employees that bully need to be aware they are doing it. research how to deal with bullying or expect high turnover.
    employees that are struggling: give them a plan to rebuild the value they provide the company or let them go
    employees know the salaries of other employees, and this creates animosity. considering having people signing a confidentiality agreement on pay or make sure compensation is in a competitive range. if it's not possible, honestly explain why and if it will never meet the employee's expecations.
    clearly communicate goals and objectives.
    provide regular feedback.
    give you employees positive feedback once in a while, always hearing negative news is bad.
    looks are important, make sure the office look sharp. dated and tacky art on the wall makes the practices look cheap and stale.
    do not run from confrontation. running from confrontation only makes things worse in the long run.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Interview

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Actuary in Chicago, IL
    Former Employee - Associate Actuary in Chicago, IL

    I worked at Milliman full-time

    Pros

    Rather straightforward. Can tell this is a pretty transparent environment without much politics.

    Cons

    Can get very technical so that sometimes you cant tell if this is a good match personality wise, etc

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