Milliman

Milliman invests in the actuarial profession through education support aimed at students already advancing in that field. Its Actuary of Tomorrow – Stuart A. Robertson Memorial Scholarship serves current undergraduates with at least sophomore standing who plan to continue full-time study at an accredited four-year college or university in the United States. The program is national in scope and focuses on students who have already passed at least two actuarial exams, pairing academic achievement with demonstrated commitment to actuarial work. The scholarship’s structure shows how Milliman defines merit in this area. Awards range from $2,500 to $10,000 for undergraduate study, and recipients are chosen from finalists evaluated on academic performance, leadership and participation in school and community activities, work experience, a 500-word essay, and unusual personal or family circumstances when applicable. Applicants also submit two letters of recommendation—one from an employer and one from a professor or advisor—and evidence of passing the required actuarial exams. Financial need is not part of the selection criteria, while commitment to the actuarial field is essential for final recipient selection. Milliman’s role in this program places the company in direct support of the next generation of actuaries rather than in broad, undifferentiated student aid. The scholarship is not renewable, but eligible students may reapply each year, and awards may be used for education-related expenses. For the cycle shown, applicants were to be notified in mid-July and payments were scheduled for early August, with students graduating mid-year after Fall term 2026 eligible for possible half-awards. These details position Milliman as a sponsor using targeted scholarship funding to strengthen the actuarial talent pipeline across the United States.