Milliman reviews

3.9

69% would recommend to a friend

(187 total reviews)
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Dermot Corry

92% approve of CEO

54% positive business outlook

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187 reviews

Reviews about "Compensation"

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3.0
May 29, 2019

Stable Boring Job

Recommend
CEO approval
Business Outlook

Pros

Easy to keep your head above water, by mostly keeping your head down and doing what is asked of you in a manner that is consistent with past efforts. Pay is decent, and exam support is pretty good.

Cons

Hit or miss on whether your superiors care on training you or not. They are all trying to get their year end bonuses. Helping you learn the in's/outs of the industry will only occur if they make the calculation that you will in turn make them more money in their bonus. There are extremely bright and motivated people that work here (albeit not charismatic). There are also people who take advantage of the laissez-faire attitude re hiring/firing and by virtue of tenure or social connections, will persist indefinitely like remoras on the belly of a whale. Moving up in the company is more a function of time than effort. Pass your exams, do the work that is fed to you, don't show up drunk. Overall, complaints are probably similar to other insurance consultancies; innovation resistant, boom-bust cycles of heavy work and then drought. Exams suck... Actuarial profession has thrived off of the regulatory capture enveloping the insurance industry. Trains smart and careful people, but if it weren't against the law to avoid actuaries, I doubt they'd be the big cheese they are.

4.0
May 10, 2019

Great experience and pay, but over-worked

Recommend
CEO approval
Business Outlook

Pros

-Great pay -Great benefits -Great place to gain broad experience quickly

Cons

-Long hours -It’s consulting work, so you don’t have control of your schedule; must meet client’s demands

3.0
Apr 27, 2019
Recommend
CEO approval
Business Outlook

Pros

They charge hourly rate charges in most of the consultant works and the employees get bonus based on how much they charged in a year once they beat the criteria. Therefore, they potentially get a lot, which means (at the cost of a lot of working hours). I know a colleague continuously getting the incentive bonus like x2 of base salary.

Cons

My base salary was a little lower than that of peer companies. They would say it should be covered by incentive bonus, but beating the criteria was not of-course work. Also to get a lot of bonus, you have to start from being assigned to a project, but to be assigned you have to prove yourself to the partners who manage the staffing. You need to sell yourself all the time.

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