Health Insurance Retirement & Benefits Risk Careers About 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. COVID-19 Navigating a global pandemic How will the coronavirus transform healthcare, retirement, and insurance? Learn more India: Participating business management and asset shares This report presents the results and insights from a fresh survey of Indian life insurers, covering their participating business management and asset share calculation approaches. 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 Digital health and wellness Milliman RapidHRA Gain powerful insights into the health and risk profile of your employees—and give them the ability to monitor their own health and wellness. Flexible, secure, and cloud-based MillimanHRA provides objective, in-depth intelligence for better health. Learn more Economic Scenarios Generation Milliman CHESS CHESS is a cloud-native economic scenarios generator that provides advanced modelling capabilities for both risk-neutral and real-world applications. CHESS delivers secured regulatory compliance as well as production efficiency through its reactive web interface and integration-ready API. 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 Thought leadership from Milliman offices across Asia Read the articles INSIGHT Insight from Milliman ARTICLE IFRS 17 Preparedness Survey Report: Philippines Read the article ASIA E-ALERT The Philippines: Key issues and challenges anticipated as life insurers implement IFRS 17 Read the article ARTICLE Singapore: 2021 participating fund health check Read the article Subscribe to Milliman Asia e-alerts to receive the latest research reports, papers and updates on regulations relevant to the region. Subscribe 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 Gupta is a consulting actuary with Milliman’s life insurance consulting practice in India and is based in New Delhi. He joined the firm in 2010. View bio Heerak Basu Principal and Consulting Actuary Heerak is a consulting actuary with our 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 years Heera... 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 Principal & Senior Healthcare Management Consultant Lalit Baveja is a senior health care management consultant at Milliman’s India office and leads the clinical team. He joined the firm in February 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 been at Milliman since 2001, including 18 months in the New York City office. View bio Mark Whatley Consulting Actuary Mark is a consulting actuary in Milliman's Singapore office. He joined Milliman in 2017. Mark provides independent and objective consulting advice on employee benefits to multinationals, local companies and government-linked organisati... View bio Careers at Milliman Get ready to make a difference Our Work Change the world Experienced Hires Follow your passion Students & Grads Make your mark Job Search Find your place We’re here to help Ask the tough questions. We’re ready for them. Contact an expert ABOUT Our Story Social Impact Media Center Office Locations Experts EXPERTISE Health Insurance Retirement & Benefits Risk CAREERS Careers Home Our Work Experienced Hires Students & Grads Job Search ABOUT MILLIMAN For more than seven decades, we have combined technical expertise with business acumen to create elegant solutions for our clients. Today, we are helping organisations take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation. Copyright © 2021 Milliman, Inc. All Rights Reserved Copyright information Terms of use Privacy policy IN (English) Milliman and our third-party website analytics and performance partners use cookies on our website that may collect and use personal information in order to constantly improve website performance and reliability and to provide accurate and relevant information. 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