Higher education consulting

Milliman has extensive experience in all aspects of retirement consulting. Our actuaries are leaders in their fields, and our numerous monthly and yearly pension studies — including for both the private sector and public sector — are regularly cited by major news outlets. We help clients stay on track to meet their goals and business objectives in the face of shifting markets and regulations. Milliman has a demonstrated track record of the highest work quality and successful client relationships.

In full employment conditions or in regions where higher education competes aggressively for talent, you need compensation and total rewards strategies designed to win the ever-evolving competition for talent. We are skilled in partnering with HR, university administration, faculty groups, board committees, and staff advisory councils to create successful compensation plans and systems that fit your institution’s needs — today and for the future.

Human resources at universities, colleges, and university systems are now more critical than ever to the successful functioning of their institutions. At the same time, they face a diverse number of pressures — and opportunities — to manage costs, improve service delivery, strengthen risk management, and build faculty and staff engagement. Our higher education workforce planning and HR transformation consultants recognize and meet this critical set of needs with holistic, people-sensitive, and rigorously metric-based approaches. We take an agile approach to help our clients optimize costs, manage risks, and create workforce plans that enable sustainable value creation.

Colleges and universities want to keep their students healthy and enrolled. Milliman understands the critical student health challenges higher education institutions face: affordability, quality, compliance, and population health. We can help you transform these challenges into opportunities that will improve student health and student retention, and improve your institution’s insurance offering.

From the introduction of new programs to complex Summary Plan Documents to large-scale, complex change management, our communications team can help you connect with faculty, staff, administration, and alumni. We bring decades of relevant experience to any higher education communications challenge. We customize our solutions to your needs from “over the shoulder” review to complete ownership of a major communication effort.

Milliman’s “MyBenefitChoice” platform offers state-of-the-art, customizable benefit administration services. This unique total benefits administration solution is different from our competitors. Able to be designed to meet every client’s specific needs, each service model is grounded in a deep understanding of the benefits administration challenges your college or university faces with the objective of providing flexible solutions and options; your institution will not be “pigeonholed” in to a pre-determined model or platform unresponsive to your specific needs.