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Milliman salaries
Milliman salary estimate
$77,533yearly
Understanding Milliman Salaries
Milliman offers a diverse salary range across various roles, with an average salary of $77,533. The highest earners include operations managers, who average $133,125, followed by lead developers at approximately $125,836 and senior software engineers at around $121,021. In contrast, entry-level positions such as file clerks earn about $33,508 annually.
Salary variations are evident across departments; for instance, the engineering department offers an average salary of $92,283, while IT roles average $91,972. Administrative positions tend to have lower pay, with averages of $45,475 for administrative roles and $55,421 for accounting positions.
Location also plays a crucial role in salary determination. New York, due to its higher cost of living, is where Milliman pays some of its highest wages. Understanding these factors can help candidates assess their potential earnings and career growth within the company.
Highest paying jobs at Milliman
The highest paying jobs at Milliman are operations manager, lead developer, senior software engineer, and data scientist. Operations manager jobs at Milliman earn an average yearly salary of $133,125, Milliman lead developer jobs average $125,836, and Milliman senior software engineer jobs average $121,021.
The lowest paying Milliman roles include file clerk and receptionist. Milliman file clerk average salary is $33,508 per year. So while the average Milliman salary is $77,533 there is a big variation in pay depending on the role.
Highest paying jobs at Milliman
| Rank | Job title | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | Operations Manager | $133,125 | $64.00 |
| 2 | Lead Developer | $125,836 | $60.50 |
| 3 | Senior Software Engineer | $121,021 | $58.18 |
| 4 | Data Scientist | $103,605 | $49.81 |
| 5 | Quantitative Analyst | $97,084 | $46.68 |
| 6 | Senior Data Analyst- | $95,093 | $45.72 |
| 7 | Systems Designer | $90,881 | $43.69 |
| 8 | Statistician | $89,951 | $43.25 |
| 9 | Actuarial Associate | $89,818 | $43.18 |
| 10 | Actuary | $87,232 | $41.94 |
| 11 | Solution Developer | $82,639 | $39.73 |
| 12 | Actuarial Analyst | $81,983 | $39.41 |
| 13 | Consultant | $80,379 | $38.64 |
| 14 | Project Engineer | $79,278 | $38.11 |
| 15 | Client Service Associate | $74,276 | $35.71 |
| 16 | Pension Administrator | $72,209 | $34.72 |
| 17 | Technical Support Specialist | $68,437 | $32.90 |
| 18 | Engineering Mathematician | $66,693 | $32.06 |
| 19 | Client Services Administrator | $63,106 | $30.34 |
| 20 | Office Manager | $59,481 | $28.60 |
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Average Milliman salary by state
Milliman pays the highest salaries in New York due to higher costs of living and competition in the state.
| Rank | State | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $88,872 | $42.73 |
| 2 | Washington | $87,741 | $42.18 |
| 3 | Massachusetts | $84,196 | $40.48 |
| 4 | Connecticut | $84,120 | $40.44 |
| 5 | New Jersey | $83,605 | $40.19 |
| 6 | California | $83,139 | $39.97 |
| 7 | Vermont | $79,425 | $38.19 |
| 8 | Virginia | $79,214 | $38.08 |
| 9 | Colorado | $76,892 | $36.97 |
| 10 | Illinois | $76,291 | $36.68 |
| 11 | Wisconsin | $75,227 | $36.17 |
| 12 | Oregon | $74,659 | $35.89 |
| 13 | Texas | $74,308 | $35.73 |
| 14 | Pennsylvania | $73,742 | $35.45 |
| 15 | Georgia | $73,343 | $35.26 |
| 16 | Nebraska | $72,296 | $34.76 |
| 17 | Arizona | $71,914 | $34.57 |
| 18 | Florida | $70,456 | $33.87 |
| 19 | Indiana | $69,608 | $33.47 |
How much does Milliman pay by location?
Highest paying Milliman locations
| Rank | Location | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $88,865 | $42.72 |
| 2 | Seattle, WA | $88,064 | $42.34 |
| 3 | Wakefield, MA | $84,088 | $40.43 |
| 4 | Windsor, CT | $84,087 | $40.43 |
| 5 | Little Falls, NJ | $83,637 | $40.21 |
| 6 | San Diego, CA | $81,321 | $39.10 |
| 7 | Vienna, VA | $79,802 | $38.37 |
| 8 | Saint Louis, MO | $77,036 | $37.04 |
| 9 | Denver, CO | $76,869 | $36.96 |
| 10 | Chicago, IL | $76,394 | $36.73 |
| 11 | Brookfield, WI | $75,203 | $36.16 |
| 12 | Dallas, TX | $74,585 | $35.86 |
| 13 | Salt Lake City, UT | $73,944 | $35.55 |
| 14 | Wayne, PA | $73,797 | $35.48 |
| 15 | Atlanta, GA | $73,244 | $35.21 |
| 16 | Minneapolis, MN | $72,923 | $35.06 |
| 17 | Omaha, NE | $72,365 | $34.79 |
| 18 | Phoenix, AZ | $71,984 | $34.61 |
| 19 | Tampa, FL | $70,742 | $34.01 |
| 20 | Indianapolis, IN | $69,465 | $33.40 |
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Milliman salaries by department
Salaries at Milliman vary depending on the department you work in. Milliman salaries in the engineering department are the highest with an average salary of $92,283. Employees in the it department at Milliman receive relatively high salaries as well, with an average salary of $91,972 per year. Departments that don't pay as well at Milliman include the administrative and the accounting organizational functions, with employees earning average salaries of $45,475 and $55,421, respectively.
Average Milliman salary by department
| Rank | Department | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $92,283 | $44.37 |
| 2 | IT | $91,972 | $44.22 |
| 3 | Finance | $86,127 | $41.41 |
| 4 | Research & Development | $79,954 | $38.44 |
| 5 | Marketing | $75,930 | $36.50 |
| 6 | Human Resources | $65,132 | $31.31 |
| 7 | Customer Service | $57,373 | $27.58 |
| 8 | Accounting | $55,422 | $26.65 |
| 9 | Administrative | $45,475 | $21.86 |
How much does Milliman pay by department?
Best paying Milliman finance salaries
| Rank | Position | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | Quantitative Analyst | $97,084 | $46.68 |
| 2 | Actuarial Associate | $89,818 | $43.18 |
| 3 | Actuary | $87,232 | $41.94 |
| 4 | Actuarial Analyst | $81,983 | $39.41 |
| 5 | Consultant | $80,379 | $38.64 |
Best paying Milliman engineering salaries
| Rank | Position | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering Manager | $155,077 | $74.56 |
| 2 | Manager Applications Development | $143,732 | $69.10 |
| 3 | Web Architect | $140,840 | $67.71 |
| 4 | Lead Developer | $125,836 | $60.50 |
| 5 | Senior Software Engineer | $121,021 | $58.18 |
| 6 | Senior Sharepoint Developer | $117,819 | $56.64 |
| 7 | Data Scientist | $103,605 | $49.81 |
| 8 | Project Engineer | $79,278 | $38.11 |
| 9 | Data Analyst | $77,439 | $37.23 |
| 10 | Software Programmer | $76,447 | $36.75 |
| 11 | Engineering Mathematician | $66,693 | $32.06 |
Best paying Milliman administrative salaries
| Rank | Position | Average Milliman salary | Hourly rate |
|---|---|---|---|
| 1 | Operations Administrator | $77,129 | $37.08 |
| 2 | Contract Worker | $76,619 | $36.84 |
| 3 | Office Manager | $59,481 | $28.60 |
| 4 | Word Processor | $58,551 | $28.15 |
| 5 | Executive Administrator | $58,052 | $27.91 |
| 6 | Executive Assistant | $53,624 | $25.78 |
| 7 | Administrative Assistant | $44,148 | $21.23 |
| 8 | Project Management Internship | $43,149 | $20.74 |
| 9 | Administrative Internship | $42,759 | $20.56 |
| 10 | Office Clerk | $36,946 | $17.76 |
| 11 | Receptionist | $33,818 | $16.26 |
| 12 | File Clerk | $33,509 | $16.11 |
Milliman competitors’ average salaries
Average salaries at Milliman competitors, like Sullivan & Cromwell, Fundbox, and Oliver Wyman, vary. Sullivan & Cromwell employees earn the highest salaries, with an average yearly salary of $135,120. The average salary at Fundbox is $127,297 per year, and the average salary at Oliver Wyman is $113,152 per year.
Highest paying Milliman competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Sullivan & Cromwell | 5.0 | $135,120 |
| 2 | Fundbox | 4.6 | $127,297 |
| 3 | Oliver Wyman | 4.9 | $113,152 |
| 4 | CFA Institute | 4.7 | $102,363 |
| 5 | Intellectual Ventures | 4.9 | $100,533 |
| 6 | Protiviti | 4.7 | $94,714 |
| 7 | Compass Lexecon | 4.3 | $93,501 |
| 8 | Huron Consulting Group | 4.6 | $91,283 |
| 9 | Charles River Associates | 4.7 | $90,756 |
| 10 | Berkeley Research Group | 4.8 | $86,371 |
| 11 | Watson Wyatt | 4.4 | $84,852 |
| 12 | Buck Consultants | 4.7 | $75,006 |
| 13 | Morningstar | 4.5 | $72,808 |
| 14 | Fiduciary Trust International | 4.6 | $70,325 |
| 15 | Commodity Futures Trading Commission | 4.8 | $65,721 |
| 16 | Pension Benefit Guaranty | 4.4 | $63,252 |
| 17 | Aon | 4.7 | $58,678 |
| 18 | Hewitt | 4.5 | $55,814 |
| 19 | Mercer | 4.8 | $55,705 |
| 20 | American Economic Association | 4.1 | $41,715 |
Recently added Milliman salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Senior Healthcare Data Analyst | New York, NY | 06/27/2025 | $93,566 |
| Actuarial Analyst-Chicago Life | Chicago, IL | 06/26/2025 | $66,330 |
| Director of Insurance Distribution Solutions-Intelliscript (Remote) | Brookfield, WI | 06/26/2025 | $157,920 |
| Senior Software Engineer | Dallas, TX | 06/25/2025 | $112,440 |
| Proposal Coordinator-Indianapolis Health | Indianapolis, IN | 06/25/2025 | $54,900 |
What employees say about salary at Milliman
Milliman is a good option make career in DB, DC, Health and welfare and actuarial science.
Salary is little bit low for those who less experience in this field compare to other actuarial firm.
Medical facilities,
Frequently asked questions about Milliman salaries
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Zippia gives an in-depth look into the details of Milliman, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Milliman. The employee data is based on information from people who have self-reported their past or current employments at Milliman. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Milliman. The data presented on this page does not represent the view of Milliman and its employees or that of Zippia.
Milliman may also be known as or be related to Milliman Inc., Milliman, Milliman Inc and Milliman, Inc.