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
