Age, Biography and Wiki

Wendell Milliman was born on 1905 in United States. Discover Wendell Milliman’s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 71 years old?

Popular As N/A
Occupation N/A
Age 71 years old
Zodiac Sign
Born 1905
Birthday 1905
Birthplace N/A
Date of death 1976
Died Place N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 1905.
He is a member of famous with the age 71 years old group.

Wendell Milliman Height, Weight & Measurements

At 71 years old, Wendell Milliman height not available right now. We will update Wendell Milliman’s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don’t have much information about He’s past relationship and any previous engaged. According to our Database, He has no children.

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Wendell Milliman Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Wendell Milliman worth at the age of 71 years old? Wendell Milliman’s income source is mostly from being a successful . He is from United States. We have estimated
Wendell Milliman’s net worth
, money, salary, income, and assets.

Net Worth in 2023 $1 Million – $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

Wendell Milliman Social Network




Wendell Milliman retired from the firm in 1971, replaced by Robertson as chairman and chief executive officer. He died on January 31, 1976, at the age of 70.


In addition to co-founding Milliman, Inc., Wendell Milliman played a significant role in a number of professional organizations, including the American Academy of Actuaries, which he helped form, and the Society of Actuaries, where he served as president in 1969.


With expansion came the need to specialize. The consultants at Milliman, encouraged to innovate, gradually branched off into different specialties, such as health insurance or pensions, giving the firm further reach. On April 1, 1961, the firm opened its first non-West-Coast office, in Milwaukee, headed up by Bill Halvorson. This was an important step toward Milliman’s dream of having a truly national scope.


In the early 1960s, medical technology advanced rapidly, bringing about a simultaneous rise in medical costs. Concern about covering these costs spurred the development of many kinds of healthcare plans. At the same time, new life and casualty companies sprang up, as labor organizations negotiated health benefits and pension plans. Actuaries were needed to work out the longevity probabilities and incidence of specific illnesses, and provide information and services to the growing insurance industry.


He arranged to sell the firm to Robertson over the next five years and moved to New York again. However, when he had effectively organized the group practice, he looked once again to Seattle. In 1955, almost exactly five years after selling the firm, he proposed re-establishing the partnership to Robertson and a three-way partnership, including the recently hired Tom Bleakney, was formed.


A little over two years later, he hired Stuart A. Robertson, who had been working as an actuary for Northwestern Life Insurance Company. He joined the Milliman firm on April 1, 1950.

The renewed partnership of Milliman and Robertson confronted new opportunities as post-war prosperity continued to surge in the late 1950s. This in turn brought about growth in insurance and new concerns for financial security. Soon, Milliman & Robertson would open an office in San Francisco and begin to take on new principals, who would all be given equal shares in the company. It was the decision by Milliman and Robertson to share profits among the partners that set the stage for further expansion and innovation in coming years.


He wanted to return to Washington and, although there was no single insurance firm of sufficient size in the region, he saw the opportunity to act as a consultant to a number of small firms. After conferring with business associates, he became encouraged that this model could enable him to return home. Long-time Washington state insurance commissioner William A. Sullivan soon offered him a retainer to serve his department in assisting a number of small, local life insurance companies that needed actuarial help. He also went to work on behalf of the Washington State Employees Retirement System in developing a retirement plan for employees. That, combined with consulting work for Eastern companies, was enough to launch the Milliman office in Seattle, which opened at 914 Second Avenue near the end of 1947. At this time he had a wife, Dorothy, and four children.


After two years in Portland, Milliman returned to Seattle for a job with Northwestern Mutual Accident Association, a predecessor of Northwestern Life Insurance Company. In 1929, he went to work for the Seattle Employees’ Retirement System, helping develop the city’s new retirement plan. He quickly decided that employment with a large Eastern firm would help his career and accepted a position in the actuarial department of New York City-based Equitable Life Assurance Society. He worked there for 18 years, during which time he achieved fellowship status in the Actuarial Society (1934) and rose to the rank of vice president in the firm (1945).


Wendell Milliman (1905–1976) was a founder of Milliman, Inc., formerly Milliman & Robertson, one of the largest actuarial and business consulting firms in the world. Starting as the Pacific Northwest’s only independent consulting actuary in a small two-room Seattle office in 1947, Milliman co-founded, with Stuart Robertson, a company that grew to encompass offices across the nation, first on the West Coast, then in Milwaukee, and then in more than 30 locations throughout the country. It also has offices in 16 countries across the globe. Based on a profit-sharing model that brings together independent consultants under a common corporate banner, Milliman, Inc. looked for and found new opportunities to provide actuarial services to insurers and pension planners as the United States dramatically changed and its economy grew during the post-World War II years.

Wendell Milliman was born December 13, 1905, in Seattle. He grew up in the family home on 15th Avenue NE, north of the University of Washington (UW). He attended Lincoln High School and then entered the UW, receiving his degree in mathematics in 1926. It was while attending the UW that he met his future wife, Dorothy Pierce, who was studying library science. He married Dorothy soon after he obtained a job as a clerk in the actuarial department of Oregon Mutual Life Insurance Company (later Standard Insurance Company), in Portland, Oregon.