Founded in 1947, Milliman is a global consulting and actuarial firm based in Seattle, Washington. The firm offers specialized consulting services in employee benefits, healthcare, life insurance, and financial services, property and casualty insurance, and investments. Milliman mainly serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. Additionally, the firm offers investment advisory services to institutions including banks and thrift institutions, pension, and profit-sharing plans, and other corporations and business entities on endowments, foundations, and post-retirement benefits. The firm also specializes in financial risk management and offers and advance risk management solutions.