Milliman is inviting online applications for the Actuarial Internship at its Gurgaon location.

About Milliman

Milliman, formerly Milliman & Robertson, is an international actuarial and consulting firm based in Seattle, Washington. The company was founded in 1947, by Wendell Milliman and Stuart A. Robertson and operates 59 offices internationally, with over 3,000 employees.

Milliman is owned and managed by approximately 350 principals. The firm’s primary business includes consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property and casualty insurance. The firm also provides data analysis and predictive analytics.

Milliman Inc. previously owned MCG (formerly known as Milliman Care Guidelines and now known as MCG Health), which has been producing evidence-based clinical guidelines for healthcare organizations since 1990.

About the Internship

They are looking to recruit an Actuarial Intern, based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefits issues and develop their consulting expertise.

Role & Responsibilities

  • Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including:
    • Funding valuations.
    • Accounting valuations.
    • Government form preparation.
  • Perform benefit calculations.
  • Assist in the preparation of valuation, disclosure, and expense reports.
  • Prepare benefit coding to replicate valuations under legacy tools.
  • Analyze and assist with special retirement projects.
  • Provide broader day-to-day support to staff based in Gurgaon and USA.
  • Maintain a healthy billing rate across the calendar year.

Eligibility Criteria

  • Basic knowledge of retirement and/or retiree medical work.
  • Graduates/Post-graduates – preferably Math/Stats/Eco/Commerce streams.
  • 2-3 actuarial exams.
  • Strong technical and problem-solving aptitude.
  • Proficiency in Microsoft Office applications, particularly, MS Excel and MS Word.
  • VBA/R/SQL/SAS experience will be preferential.
  • Ability to manage workflow and deliver products independently.
  • Strong oral and written communication skills.
  • Flexible with work timings and compatible with the team.
  • Pursuing actuarial exams and motivated to become an actuary.

Salary

Actuarial Intern salary at Milliman India ranges between Rs. 2.7 Lakhs to Rs. 3.3 Lakhs.

Note: Stipend details are taken from here!

How to Apply?

Interested applicants can apply for the internship through this link.

Location

Gurgaon, Haryana, India.

Click here to view the official notification of the Actuarial Internship at Milliman, Gurgaon.