There are newer employer reviews for Milliman
There are newer employer reviews for Milliman

See Most Recent

Helpful (6)

Good company, bad work-life balance

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Actuarial Analyst in Seattle, WA
Former Employee - Actuarial Analyst in Seattle, WA
Doesn't Recommend
Neutral Outlook
No opinion of CEO

I worked at Milliman full-time (More than a 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.

Other Employee Reviews for Milliman

  1. Helpful (3)

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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Actuarial Analyst in San Francisco, CA
    Current Employee - Actuarial Analyst in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    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 Management

    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.


  2. Interview

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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


There are newer employer reviews for Milliman
There are newer employer reviews for Milliman

See Most Recent

Work at Milliman? Share Your Experiences

Milliman

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.