Actuarial Associate

Milliman is among the world 's largest independent actuarial and consulting firms. Founded in 1947, Milliman has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, and the Middle East. With more than 5,000 employees and revenues of US$1.7 billion in 2025, the firm serves the full spectrum of business, governmental, and financial organisations. In Asia-Pacific, Milliman has over 600 employees working across 13 offices in Colombo, Kuala Lumpur, Jakarta, Singapore, Hong Kong, Beijing, Shanghai, Taipei, Gurgaon, Mumbai, Seoul, Tokyo and Sydney in life and financial, healthcare, property and casualty, and employee benefits consulting practices. For further information, visit milliman.com.

Milliman is seeking actuarial professionals to join our life insurance consulting practice based in Gurgaon. This role is ideal for candidates with 3-7 years of experience in actuarial modelling, offering the opportunity to work in a dynamic, challenging and rewarding environment alongside a global team of experts.

Key responsibilities:

• Work closely with our team of consultants working across the globe, while delivering high-quality projects to our global client base


• Work on a diverse range of actuarial projects (actuarial modelling, valuations, pricing, business planning, mergers and acquisitions amongst others)


• Contribute to research and drive innovative new solutions


• Work effectively and efficiently in project teams led by senior actuaries


• Help develop and maintain client relationships


• Work in a flexible, but fast-paced environment

Ideal candidate profile:

• Significant experience of actuarial modelling (ideally on FIS Prophet®), with knowledge of modelling best practices, modelling techniques, model validation, and model documentation


• Ability to take ownership of a technical challenge and see it through to a successful conclusion


• Excellent analytical and communication skills


• 3-7 years of relevant professional experience


• Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)


• Significant progress on examinations from a recognized professional body/institute


• Knowledge of actuarial software and commonly used software is preferred


• Ability to work in a highly collaborative environment as well as independently with minimum supervision


• Driven and self-motivated

What we offer:

• Opportunity to work with local and international market experts on a wide variety of projects


• Competitive remuneration and annual performance-based bonuses


• Professional actuarial examination support


• Opportunity for continuous training and development


• Flexible working arrangements