# Milliman

Milliman is an other based in Chicago, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Seattle, WA, United States
- **Founded:** 1947
- **Assets under management:** Undisclosed
- **Website:** www.milliman.com
- **LinkedIn:** https://www.linkedin.com/company/milliman

## About

Milliman is an SEC-registered investment adviser in Chicago, IL, registered since 2012. The firm manages $40.3 billion in regulatory assets. It has 177 employees and 135 investment advisers.

## Sectors

- Insurance
- Healthcare Services
- Financial Services
- Risk Management
- Technology

## People

- Milliman principals — Owners and managers

## Questions

### What does Milliman do with capital?

Milliman does not deploy third-party capital. It is a professional services firm providing actuarial consulting, risk modeling, and technology solutions for insurers, healthcare organizations, governments, and employers.

### Who owns Milliman?

Milliman is owned and managed by its principals, all of whom are actuaries, technologists, or other professionals within the firm. There are no outside shareholders (per the firm's website).

### What is Milliman's investment strategy?

Milliman does not operate as an investment firm. It provides consulting and technology services across insurance, healthcare, retirement, and risk management. The firm advises clients on investment considerations, such as including alternative assets in 401(k) plans, but does not manage client portfolios.

### What sectors does Milliman focus on?

Milliman's primary sectors are insurance, healthcare services, financial services, life sciences, and employee benefits. The firm also provides risk modeling for climate change and other emerging risks.

### How many offices does Milliman have?

Milliman has offices in major cities around the globe, including across the United States, Europe, Asia, and Latin America (per the firm's website).

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Last updated: 2026-06-03T20:00:00.000Z

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