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Health Health Navigate today’s most pressing health industry challenges with a leading global expert by your side. Solutions Actuarial Consulting Analytics Topics COVID-19 Global Health Population Health Management Insurance Insurance Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance. Solutions Analytics Appointed Actuary Asset/Liability Management Capital Management Captives & Alternative Markets Financial Reporting Financial Risk Management Independent Review Insurance-Linked Securities Mergers & Acquisitions Microinsurance Outsourcing Product Development & Pricing Reinsurance Reserving Risk Retention Analysis & Feasibility Studies Secondments Takaful Retirement & Benefits Retirement & Benefits Deliver on the promises of the past and create smart solutions for the future. Solutions Actuarial Valuations Risk Risk Manage complex risks using data-driven insights, advanced approaches, and deep industry experience. Solutions Analytics Cyber Risk Enterprise Risk Management Financial Risk Management Insurance-Linked Securities Mergers & Acquisitions Mortgage & Credit Risk Operational Risk Management Reinsurance Risk Adjustment Careers Bring your best ideas. Discover opportunities at Milliman. Current openings Careers This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are. Explore careers at Milliman Current openings Our Work Experienced Hires Students & Grads Job Search About We’re driving positive change for people and communities across the world. Learn about the principles that guide us About Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security. Learn More Learn about the principles that guide us Our Story Social Impact News & Events Office Locations Contact Us Welcome to Milliman India Milliman has offices in Mumbai and New Delhi. We work in the areas of health insurance, employee benefits and life insurance. We focus on embedded valuation, BAU outsourcing, IPOs, M&A, data analytics, and pricing and capital management. THE CORONAVIRUS (COVID-19) Confronting a global pandemic What does the outbreak of the coronavirus mean for healthcare and insurance? Learn more 2019 Mid-Year Embedded Value Results: Asia This report provides a summary of the mid-year 2019 embedded value (EV) results disclosed by Asian insurers. Most companies in the region have experienced steady growth in EV in the first half of the year. The growth in Value of New Business was mixed across the Asian markets. Read the article Medical inflation and health insurance products in India: Current practices and the way forward This paper discusses the common definitions of medical inflation, factors driving medical inflation in the short and long term and current medical inflation trends in India. Read the article IFRS 17 Using a multidisciplinary approach to tackle the operational and strategic challenges of IFRS 17. Learn more MedInsight Powered by the MedInsight Data Confidence Model, MedInsight bridges the gap between cost management and care management. Learn more Milliman’s first Microinsurance Supply-side Study of Asia Highlighting insurer perspectives of the microinsurance market and challenges faced by providers in Bangladesh, China, India, Indonesia and the Philippines. Learn more Featured Products We’re driving the future with our analytics and modelling technologies Predictive analytics Milliman CHESS (Cloud Hosted Economic Scenario Simulator) CHESS helps insurers compute regulatory calculations. Useful for asset liability management studies, product pricing and strategic allocation. Learn more Financial Modeling Platform with Excel language Milliman MIND Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models. Learn more Goals-based modelling Goals-based Advice Platform The Goals-Based Advice Platform uses Milliman’s decades of actuarial expertise modelling risks for global insurance companies and applies it to retail investors. Learn more Insight Insight from Milliman Report 2019 embedded value results Asia This report compares and contrasts the various different approaches taken to embedded value reporting across Asian markets and insurers. Read the report Asia e-alert Recent developments in the Bangladesh life insurance market What are the most recent developments in the life insurance market in Bangladesh? Read the article Report Indonesia Life Insurance Newsletter: Second quarter 2020 Developments in the Indonesian life insurance industry for the period from 1 April 2020 to 30 June 2020. Read the article Thought leadership from Milliman offices across Asia Read the articles key consultants Meet some of the key consultants in India Sanket Kawatkar Principal & Consulting Actuary, Life Insurance (India) Sanket Kawatkar is the head of Milliman's life insurance consulting practice in India and is based in Mumbai. He has been a consultant for over 17 years. Sanket joined the firm in 2010. With an overall experience of more than 24 years,... View bio Shamit Gupta Principal & Consulting Actuary Shamit is a consulting actuary in Milliman's life insurance consulting practice in India and is based in New Delhi. He joined the firm in 2010. View bio Heerak Basu Consulting Actuary Heerak Basu is a consulting actuary with Milliman's life insurance consulting practice in India and is based in Mumbai. He joined the firm in 2018. Having worked in and consulted to the Indian life insurance industry for more than 20 y... View bio Philip Jackson Principal and Consulting Actuary, Life Insurance Philip is a consultant in our life insurance practice, based in Mumbai. He supports our projects in India and the Asia-Pacific region. Philip is one of the key members of Milliman Asia IFRS 17 working group, working primarily on with-p... View bio Richard Holloway Managing Director, South East Asia & India, Life Richard is the managing director of Milliman's South East Asia and India life consulting businesses, based in Singapore. Richard is well known across the region, having been working as a consultant in the region since 1995. He joined t... View bio Lalit Baveja Senior Healthcare Consultant Lalit is a senior healthcare management consultant with the New Delhi office of Milliman and heads the clinical team. He joined the firm in 2007. View bio Vandana Bhardwaj Principal and Director, IT Products & Services Vandana leads the overall management, P&L responsibility, operations, technical services and development initiatives for MedInsight India. MedInsight® is a platform for data warehousing and healthcare analytics. Vandana has led and men... View bio Rachin Aggarwal Consultant – Healthcare Rachin Aggarwal is a lead consultant in the Milliman New Delhi Health and Property and Casualty Practice. He joined the firm in 2008. View bio Dr. Leena Chakma Laloo Senior Healthcare Management Consultant Leena Laloo is a senior healthcare management consultant with the New Delhi office of Milliman. She joined the firm in 2007 View bio Abhishek Agrawal Sr. Healthcare Management Consultant Abhishek is a senior healthcare management consultant at Milliman’s India office. He leads health data analytics projects for Milliman clients in India and globally. Abhishek started working at Milliman in India in 2005. He ventured ou... View bio Dr. Sudhanshu Bansal Senior Healthcare Management Consultant Sushanshu is a medical doctor, currently working as a healthcare consultant in Milliman's India office. He joined the firm in January 2007. View bio Joanne Buckle Principal & Consulting Actuary Joanne is the lead consultant in the Milliman London healthcare practice. She has b...