consulting insurance human resources professional services employee benefits founded 1947 headquarters seattle washington u.s. key people stephen a. white president and ceo ken mungan chairman products professional services consulting revenue 838m 2014 1 number of employees 3 000 1 website www.milliman.com milliman formerly milliman & robertson is a large international independent actuarial and consulting firm with revenues of 838 million in 2014 . founded in seattle in 1947 by wendell milliman and stuart a. robertson the firm operates 59 offices worldwide with over 3 000 employees 1 including more than 1 300 consultants and actuaries . milliman is owned and managed by approximately 350 principals . 2 milliman s primary business include consulting practices in employee benefits healthcare investment life insurance and financial services and property and casualty insurance . clients include a spectrum of business financial government union education and nonprofit organizations . the firm also provides data analysis predictive analytics and big data services . contents 1 history 2 milliman indices 3 references 4 external links history edit in the late 1940s actuary and insurance industry veteran wendell milliman launched the first such consultancy in the pacific northwest . he was later joined by stuart a. robertson and together they established milliman & robertson inc. the firm was initially centered mainly on assessing business risk and pension issues . in the retirement plan industry milliman provided services in actuarial consulting consulting on compensation and care retirement outsourcing and others . 3 4 during the 1950s milliman & robertson established the first health insurance benchmarking tool for the us healthcare market . over the decade milliman & robertson expanded from seattle opening offices down the west coast and through the 1960s the company expanded east . in addition to their medical cost work milliman continued to develop new forms of annuities and employee benefit plans . this included the development of the industry standard early pension valuation and financial modelling systems during the early 1980s . the company s first international office was opened in tokyo during the 1990s which was followed by international offices in several other foreign markets and the first foreign insurance consulting assignment to be given in the people s republic of china . 5 4 6 milliman indices edit milliman produces economic indexes for the american healthcare and insurance markets including the milliman 100 pension funding index . the pension funding index examines the liabilities and assets of the top 100 pension funds in the us establishing the funded status of the group overall . 7 the company also releases an annual milliman medical index first published in 2001 . the medical index calculates the total annual cost of healthcare for an american family of four covered by employer healthcare coverage . between 2002 and 2015 it has shown an increase of 267 % in healthcare costs to these family units . 5 references edit a b c milliman . crunchbase.com . vault guide to the top 50 management and strategy consulting firms 2014 edition . p. 571 . vault guide to the top 50 management and strategy consulting firms 2014 edition . google.ca . a b milliman & robertson insures success of others . puget sound business journal . a b dan munro . annual healthcare cost for family of four now at 24 671 . forbes . health benefits accounting change imperils profits . highbeam.com . pionline subscription center . pionline.com . external links edit milliman v t e consulting firms management consulting mckinsey & company bain & company boston consulting group accenture booz allen hamilton a.t. kearney bearingpoint l.e.k. consulting marsh & mclennan companies oliver wyman roland berger company arthur d. little kurt salmon huron consulting group capgemini deloitte monitor deloitte ernst & young pricewaterhousecoopers kpmg sia partners strategy & cra international accounting and finance consulting deloitte ernst & young pricewaterhousecoopers kpmg bdo international grant thornton international fti consulting capco analysis group milliman it consulting cognizant cgi group computer sciences corporation fujitsu hitachi consulting hewlett packard enterprise services ibm global services atos infosys tata consultancy services unisys slalom consulting sopra steria business & decision cambridge consultants avanade sogeti human resource consulting mercer consulting firm towers watson aon hewitt hay group hewitt associates people founders james o. mckinsey marvin bower bill bain consultant bruce henderson roland berger arthur dehon little edwin g. booz james l. allen managing directors dominic barton rich lesser orit gadiesh charles douard bou e areas of expertise management consulting human resource consulting information technology consulting economic consulting risk and strategic consulting tax advisor audit assurance services financial adviser public sector consulting performance consulting biotechnology consulting others big three management consultancies big four accounting firms consulting firm case interview enron scandal business consultant consultant grade consulting certified management consultant house of lies victor cheng strategy business list of management consulting firms list of it consulting firms retrieved from https en.wikipedia.org w index.php title milliman & oldid 744532021 categories financial services companies of the united statescompanies established in 1947actuarial firmscompanies based in seattle1947 establishments in washington state navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact 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