Actuarial Trainee @ Milliman

Milliman; Pakistan; Hybrid; PKR 350,000 - 1,400,000; Part time

Job summary

A leading actuarial consulting firm in Karachi is offering a 3-month internship program. Candidates will engage in real consulting projects focusing on actuarial science, analytics, and research. Outstanding interns may transition to full-time roles. This role is ideal for final-year students with a strong background in relevant disciplines, emphasizing communication and analytical skills. Hybrid and remote options are available.

Benefits

Exposure to international consulting projects

Mentorship from seasoned professionals

Collaborative work culture

Qualifications

• Strong communication skills are essential for presentations and correspondence.
• Proficiency in analytical tools and database applications is required.
• Candidates should be detail-oriented with strong organizational capabilities.

Responsibilities

• Assist with research and marketing projects.
• Participate in reserving and pricing projects.
• Draft written reports for internal and external communication.

Skills

Strong communication (written and oral)

Organizational skills

Strong quantitative and analytical skills

Client-focused and detail-oriented

Proficiency with spreadsheets

Education

Final-year undergraduate or postgraduate students in Actuarial Science, Mathematics, Statistics, Insurance

Tools

Microsoft Office products

Job description

About the job

Milliman Internship Program – Karachi Office | Hybrid / Remote option may be considered

3-Month Internship | leading to Permanent Position

About Milliman

Milliman is one of the world’s largest providers of actuarial and related consulting services, with practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Established in 1947, Milliman is an independent firm with a global presence. Our Karachi office supports consulting projects across the Middle East and GCC regions.

Program Overview

We are excited to launch our 3-month internship program for aspiring professionals looking to build a career in actuarial science, analytics, and research. The internship offers hands-on experience with real consulting projects. Outstanding interns may be offered a full-time role upon successful completion of the program.

Potential Placement Areas

• Data Analytics
• Research & Development
• Actuarial Analysis

Intern Responsibilities

• Assisting with research and marketing projects in Property & Casualty.
• Assisting with regular reserving and pricing projects.
• Understanding, operating, and modifying complex spreadsheet tools
• Presenting results to peers, project managers, and client relationship managers
• Drafting written reports and preparing other external/internal correspondence

Who Should Apply

• Final-year undergraduate or postgraduate students majoring in Actuarial Science, Mathematics, Statistics, Insurance, or related disciplines.
• Strong communication (written and oral), and organizational skills
• Proficiency with spreadsheets and database applications (Microsoft Office products)
• Strong quantitative and analytical skills
• Client-focused, results-driven, and detail-oriented
• Good organizational skills
• Willingness to learn
• Ability to work independently and in a team environment
• Ability to work under pressure

Why Join Milliman

• Exposure to international consulting projects and best practices.
• Mentorship from seasoned actuarial and analytics professionals.
• Opportunity for a long-term career with a globally recognized firm.
• Collaborative and growth-oriented work culture.