Quantitative Analyst

Milliman is an actuarial consulting business which has been around for just over 70 years with about 5,000 people globally.

Our Financial Risk Management (FRM) practice is built on decades of actuarial work, helping institutional clients assess and manage their risk. Established in 1998, our practice has a well-established history, advising on and managing client assets for more than 25 years. We provide investment advisory, derivative execution, hedging, and consulting services on more than AUD $350 billion in global assets (as of 31st December, 2025)

We have a focused, multi-disciplinary team of more than 200 actuaries, financial engineers/capital market professionals, and technologists working together to develop leading investment and risk management solutions for the financial services industry. We currently advise and support some of the world’s largest insurance companies and asset owners in areas such as hedging strategy, derivative-based overlays and retirement product design.

We hire the best in the business—and then trust them to do their work their way. It's about personal responsibility, creativity and flexibility. We believe great work happens in great work environments. Our culture is highly collaborative with value placed on high quality work and innovation. The Department/Team

Milliman FRM is seeking a bright, enthusiastic Quantitative Analyst to join its Actuarial/Quantitative team in Sydney.

Our Sydney office is a close-knit team with a unique intersection of actuarial and capital markets expertise carrying a strong heritage of managing financial market risks for institutional investors. Our team is on a strong growth trajectory and focused on delivering sophisticated investment solutions spanning derivative overlays for superannuation, hedging and ALM programs for global insurers and systematic risk management strategies for managed accounts. We also provide consulting services to the superannuation industry on retirement products and strategy.

The Actuarial/Quantitative team is key pillar in the delivery of these engagements and plays a critical role in shaping Milliman’s capabilities in servicing our client base.