Bret Linton Takes Charge as Chair of Milliman's Board
Milliman, Inc., recognized as a leader in global consulting and actuarial services, has recently elected Bret Linton as Chair of the Board. Having joined the firm in 2009, Linton has garnered extensive experience, most recently holding the position of Global Practice Director for Employee Benefits.
Experience and Vision of Bret Linton
Linton, a Fellow of the Society of Actuaries (FSA), a Member of the American Academy of Actuaries (MAAA), and an Enrolled Actuary (EA), boasts a profound background in retirement planning. His role as a principal in Milliman’s Boise office has allowed him to specialize in retirement consulting for both public and private sector employers. Under his leadership, Milliman's global benefit affiliate, MBWL International, has flourished, providing essential benefits solutions to multinational enterprises. During his tenure as Global Practice Director of Employee Benefits, Linton spearheaded four consecutive years of growth and fostered enhanced collaboration across Milliman’s retirement consulting and plan administration sectors.
A Commitment to Excellence
Reflecting on this pivotal moment in his career, Linton expressed enthusiasm for guiding Milliman through its next phase. “I’m excited by the opportunity to lead Milliman at this exciting time in the firm’s history, and I’m honored that my partners have chosen me for this important role,” he stated. He emphasized Milliman’s unique position in the market, highlighting the incredible growth achieved during Ken Mungan’s decade-long leadership.
Legacy of Growth Under Ken Mungan
Ken Mungan, who concluded his term as Chair, is applauded for steering the firm towards remarkable growth, which saw a 96% increase in operations, the opening of offices in 11 new countries, and the acquisition of many data analytics firms. Mungan remarked on the transition, stating, “I’m happy to pass the torch to Bret. We share a commitment to building retirement security and protecting the health and financial well-being of people everywhere.”
Milliman’s Ongoing Mission
Milliman prides itself on its ability to harness deep expertise, rigorous actuarial practices, and advanced technologies to craft solutions for an increasingly complex world. The firm’s dedication spans multiple sectors including insurance, financial services, healthcare, life sciences, and employee benefits. Establishing itself as a trusted advisor, Milliman assists clients in both public and private sectors to tackle urgent, multi-faceted challenges like financial insecurity, extreme weather, and rising health costs. With roots dating back to 1947, Milliman operates independently, with offices positioned in major cities worldwide. Situated at the intersection of innovation and necessity, Milliman remains committed to achieving social and financial objectives for clients globally.
Frequently Asked Questions
1. Who is the newly elected Chair of Milliman's Board?
Bret Linton has been elected as the new Chair of the Board at Milliman.
2. What role did Bret Linton hold before becoming Chair?
Prior to his election, Bret Linton served as the Global Practice Director for Employee Benefits.
3. Who did Bret Linton succeed as Chair of the Board?
Bret Linton succeeded Ken Mungan, who recently completed his tenure as Chair.
4. What has been a significant focus for Milliman under Ken Mungan's leadership?
Under Ken Mungan's leadership, Milliman focused on growth, expanding to 11 new countries, and acquiring various companies to enhance its data and analytics capabilities.
5. When was Milliman founded and what does it do?
Milliman was founded in 1947 and provides consulting and actuarial services across various sectors, helping clients address complex challenges from financial insecurity to healthcare costs.
