Milliman is seeking suitable candidates with strong analytical, problem-solving, technical and communication skills to join our life practice based in Colombo as Actuarial Associates.

We present an ideal opportunity for actuarial professionals to hone their technical and communication skills, while collaborating with our team of actuarial experts from across the world, on a range of actuarial projects, in a fast-paced, challenging and rewarding environment.

 

About Milliman

Milliman is among the world’s largest providers of actuarial, risk management, and related technology and data solutions. Our consulting and advanced analytics capabilities encompass healthcare, property and casualty insurance, life insurance and financial services, and employee benefits.

With more than 5,100 employees and revenue of US$1.64 billion in 2024, the firm serves the full spectrum of business, financial, government, union, education, and nonprofit organizations.

Founded in 1947, Milliman today has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, the Middle East, and Africa.

 

We offer the opportunity to

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

 Desired experience and professional qualifications

0-2 years of professional experience in the life insurance / actuarial domain Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.) Demonstrable progress in actuarial examinations from a recognized professional body / institute

Desired competencies

Basic actuarial knowledge Experience of using commonly used actuarial software and / or other commonly used programming languages Ability to work in a highly collaborative environment as well as independently with minimum supervision Ability to take ownership of a technical challenge and see it through to its successful conclusion Excellent analytical and communication skills Driven and self-motivated

Benefits offered

Opportunity to work with local and international market experts on a wide variety of projects Competitive remuneration and annual performance-based bonuses Actuarial examination support Opportunity for continuous training and development Flexible working arrangements