Pros
co-workers, tend to be math types, in general very quite, nice and sharp benefits, medical, pto and holidays it's an intellectual atmostphere, almost feels like a library at times profit sharing contribution, if you contribute 10% yourself you may retire interesting work work can be technically rewarding, but can become tedious with regular clients people that work there decades usually become a principal and are well compensated good corporate image thanks to marketing, nice website compared to competiion well respected firm actuaries run the firm, some are great managers and great people most of the better actuaries leave Milliman after a few years so it's a good place to start networking you can have a year when the profit center is profitable, not work evenings and weekends, and still get a decent bonus great place for independant, hard working problem solvers
Cons
actuaries run the firm and most are not good managers, inter-personal skills can really be lacking, can be forgetful not a place for people that need to be trained because actuaries are generally too cheap to pay for training mediocre technical actuaries stick around no feedback or feedback that's too late, main feedback is only given once a year at your review low bonuses, other firms give way better bonuses, and your bonus it typically out of your control raises are on the low end, most firms pay more, don't expect much past inflation lack of communication, people tend to internalize things, oneupmanship can be common consultants sign reports but sometimes are never involved with the actual work bullying can be a problem and is ignored (though it's rare) it's a garbage in, garbage out type of work flow in general the work is very good, but mistakes are made and covered up new hires are left in the dark without a clue of what's expected and what to expect in general new hires are not expected to last very long due to low salary and hours you can work hard and still not get that bonus or raise you deserve because the profit margin was not there or if your principal is clueless about who really did the work Not always, but I've seen better work out of Milliman's competitors If you're a subpar worker you will not get fired, you'll get strung along indefinitely with a low salary and low bonus