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Milliman Jobs in Indiana (NOW HIRING)

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups ...

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups ...

Client Engineer III (MedInsight)

Indianapolis, IN ยท On-site +1

$85K - $161K/yr

MedInsight is a subsidiary of Milliman; a global, employee-owned consultancy providing actuarial consulting, retirement funding and healthcare financing, enterprise risk management and regulatory ...

Clinical Reviewer

Indianapolis, IN ยท Remote

$36 - $40/hr

... and/or Milliman Care Guidelines (MCG) experience * Strong knowledge of medical records, terminology, and disease processes * Excellent clinical assessment and critical thinking skills * Strong ...

Medicare Benefit Policy and Milliman Care Guidelines is preferred. * Experience reviewing claims and researching CPT codes or ICD-9 codes is preferred. * Experience with Facets, Macess, and ACMP is ...

Medicare Benefit Policy and Milliman Care Guidelinesis preferred. * Experience reviewing claims and researching CPT codes or ICD-9 codes is preferred. * Experience with Facets, Macess, and ACMP is ...

Group Underwriter Senior

Indianapolis, IN ยท On-site

$84K - $126K/yr

Milliman experience preferred. For candidates working in person or virtually in the below locations, the salary* range for this specific position is $84,480 to $126,720. Location(s): Colorado;

Group Underwriter Senior

Indianapolis, IN ยท On-site

$84K - $126K/yr

Milliman experience preferred. For candidates working in person or virtually in the below locations, the salary* range for this specific position is $84,480 to $126,720. Location(s): Colorado;

Group Underwriter Senior

Indianapolis, IN ยท On-site

$84K - $126K/yr

Milliman experience preferred. For candidates working in person or virtually in the below locations, the salary* range for this specific position is $84,480 to $126,720. Location(s): Colorado;

Milliman information

See Indiana salary details

$18

$45

$76

How much do milliman jobs pay per hour?

As of Jun 11, 2026, the average hourly pay for milliman in Indiana is $45.23, according to ZipRecruiter salary data. Most workers in this role earn between $33.61 and $54.66 per hour, depending on experience, location, and employer.

What is the difference between Milliman vs Actuary?

AspectMillimanActuary
CredentialsTypically requires a degree in mathematics, statistics, or actuarial science; professional actuarial examsRequires passing actuarial exams and obtaining professional certification (e.g., ASA, FSA)
Work EnvironmentConsulting firm environment, client-facing, project-basedInsurance companies, consulting firms, government agencies; analytical and risk assessment roles
Industry UsageUsed in consulting, actuarial services, risk managementCommonly employed in insurance, pensions, finance sectors

Milliman is a consulting firm that employs professionals with actuarial skills, while an actuary is a credentialed professional specializing in risk assessment and financial modeling. Both roles require similar credentials and often work in related industries, but Milliman professionals may also serve in broader consulting capacities beyond traditional actuarial work.

What types of projects do consultants typically work on at Milliman, and how do teams collaborate to deliver client solutions?

At Milliman, consultants commonly work on projects such as actuarial valuations, risk assessments, data analytics, and strategic advisory for clients in industries like insurance, healthcare, and employee benefits. Project teams are often cross-functional, bringing together actuaries, analysts, and subject matter experts to address client needs from multiple perspectives. Team collaboration is highly valued, with frequent meetings, shared deliverables, and mentorship from senior consultants to help newer team members grow. This structure fosters both professional development and high-quality outcomes for clients.

What are the key skills and qualifications needed to thrive as an actuary at Milliman, and why are they important?

To thrive as an actuary at Milliman, you need strong analytical and mathematical skills, a relevant degree (such as in actuarial science, mathematics, or statistics), and progress towards actuarial certifications like SOA or CAS. Proficiency in actuarial software, Excel, and statistical programming languages (such as R or Python) is typically required. Excellent problem-solving, communication, and teamwork abilities help actuaries effectively interpret data and convey complex concepts to clients and colleagues. These competencies are crucial for delivering accurate risk assessments and providing valuable consulting services to clients in insurance, healthcare, and financial industries.

What is Milliman and what do they do?

Milliman is a global consulting and actuarial firm that provides services in risk management, insurance, healthcare, employee benefits, and financial services. The company works with clients such as insurance companies, healthcare organizations, employers, and government agencies to help them manage financial risk and improve business performance. Founded in 1947, Milliman is known for its expertise in analytics, actuarial science, and consulting. Their services often include data analysis, financial modeling, regulatory compliance, and strategic planning.
What cities in Indiana are hiring for Milliman jobs? Cities in Indiana with the most Milliman job openings:
Consulting Actuary

Consulting Actuary

Milliman

Indianapolis, IN โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

Description

The Indianapolis, Indiana office of Milliman, an international firm of actuaries and consultants is seeking an experienced actuarial candidate, with strong expertise in individual life insurance.ย  This is a consultant level position with significant advancement potential for the right person.

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the worldโ€™s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERGโ€™s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Millimanโ€™s commitments to our people, inclusion, and sustainability.

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 and financial services, and property and casualty insurance.

What You Will Do

In this role, you will focus on:

  • Project management and technical expert, overseeing multiple consulting projects at the same time
  • Wide variety of assignments, including pricing, modelling, mergers & acquisitions, asset liability management, cash flow testing, statutory, tax, and GAAP valuation.
  • Product development and support experience in the following product areas:
    • ULSG,
    • Whole Life
    • Term Life
    • Annuities, and/or
    • Combination Life/Health products,
  • Lead role in managing and expanding client relationships
  • Mentor junior and mid-level actuarial staff
  • Requires some travel

What We Are Looking For

ย Professional/Personal Qualifications

  • Strong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degree
  • Fellow of the Society of Actuaries (FSA)
  • Strong work ethic and ability to work independently
  • Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines
  • Strong written and verbal communication skills are required
  • Experience with actuarial software applications

Preferred Qualifications

  • 10 - 19 years actuarial experience
  • Expertise in principles-based reserves (from both pricing and valuation perspectives)
  • Computer programming experience in various programming languages, and experience working with Artificial Intelligence
  • Experience working with MG-ALFA

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.ย 

The Team

Milliman offers a high-performance but relatively casual work environment in Indianapolis. We offer competitive salaries and excellent benefits.

Location

Milliman accepts applicants for this opportunity and hires from this posted opportunity on an ongoing basis. There is no anticipated closure date for this job posting.

Candidates hired into this role will be required to work in-person in the Milliman office in Indianapolis, Indiana on a weekly basis, but flexible work arrangements will be considered.ย 

Compensation

A combination of factors will be considered to determine the compensation for this role, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Benefits

We offer a comprehensive benefits package designed to support employeesโ€™ health, financial security,ย and well-being. Benefits include:

  • Medical, Dental and Vision โ€“ Coverage for employees, dependents, and domestic partners
  • Employee Assistance Program (EAP) โ€“ Confidential support for personal and work-related challenges
  • 401(k) Plan โ€“ Includes a company matching program and profit-sharing contributions.
  • Discretionary Bonus Program โ€“ Recognizing employee contributions
  • Flexible Spending Accounts (FSA) โ€“ Pre-tax savings for dependent care, transportation, and eligible medical expenses
  • Paid Time Off (PTO) โ€“ Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis
  • Holidays โ€“ A minimum of 10 paid holidays per year
  • Family Building Benefits โ€“ Includes adoption and fertility assistance
  • Paid Parental Leave โ€“ Up to 12 weeks of paid leave for employees who meet eligibility criteria
  • Life Insurance & AD&D โ€“ 100% of premiums covered by Milliman
  • Short-Term and Long-Term Disability โ€“ Fully paid by Milliman

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.ย 

#LI-ONSITE


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About Milliman

Sourced by ZipRecruiter

Milliman delivers market-leading services and solutions to clients worldwide. 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.

Industry

Business management consulting

Company size

1,001 - 5,000 Employees

Headquarters location

Seattle, WA, US

Year founded

1947