Whether developing retirement plan design or overall benefits strategy; calculating the cost of pension, health and welfare plans or managing their administration; performing recordkeeping or designing employee communications; or the many other corporate services Milliman consultants offer, we bring a depth of experience and expertise gained through decades of working closely with clients, many of whom we have served for more than 25 years. Milliman has been pioneering strategies and tools that have earned us a reputation for intelligence and integrity for more than half a century.
Firms can offer competitive benefits despite the obstacles
Recent market volatility, along with increased funding and reporting requirements, have brought new challenges to employers seeking to provide their employees with a competitive total compensation and benefits package.
We work with our clients to:
- Improve the overall compensation and benefits strategy through modeling, forecasting and risk analysis.
- Design effective retirement and health and welfare plans
- Evaluate their overall compensation strategy
- Develop compensation programs that attract, retain and motivate employees to deliver strong results
- Increase efficiency and accuracy in recordkeeping through administrative outsourcing
- Engage employees using effective communication strategies
- Gather the employee/stakeholder perceptions, opinions, and ideas in focus groups, surveys, and interviews
Our advice is unclouded by conflicts of interest
As a privately held fee-for-service firm, Milliman offers an unmatched independence of opinion. We don’t sell financial products or accept commissions on retirement-based products; instead, we provide objective, unbiased advice based only on the needs of our clients. We listen carefully to their concerns and pay attention to the finest details while evaluating all options within the full historical, industrial, and organizational context of their business.
Software innovations inform and forecast
Milliman experts lead technological and actuarial innovation. We have developed proprietary software that empowers sponsors to look ahead and stay fully informed and in charge of their benefit plans. Our administration systems allow our clients to keep their employees up to date, while understanding and appreciating the benefits package.
