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Lance M. Burma, FSA, MAAA, FCCA, EA

Minneapolis, MN, US

Tel: +1 952 8975300

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Professional Designations

  • Fellow, Society of Actuaries
  • Member, American Academy of Actuaries
  • Fellow, Conference of Consulting Actuaries
  • Enrolled Actuary, ERISA


  • BS (magna cum laude), Mathematics and Physics, Wake Forest University

Current Responsibility

Lance is a principal with the Minneapolis office of Milliman. He joined the firm in 1988.


Lance's consulting experience is concentrated in the design, implementation, and administration of defined benefit and defined contribution retirement programs. He has experience with valuation, government reporting, accounting disclosure, and administration requirements for a wide variety of qualified and nonqualified retirement plans.


  • As a member of several Milliman oversight committees, Lance is actively involved in setting the direction for Milliman's national Employee Benefits practice.
  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman