Candidate Information: Allen J. Schmitz

Al is a principal and consulting actuary with the Chicago-Milwaukee office of Milliman. He joined the firm in 1998. Al’s area of expertise is senior health care products, with a primary focus on long-term care (LTC) insurance. He has worked with most of the major LTC insurance carriers in the United States, assisting with product development, financial projections, appraisals, compliance issues, and experience analysis. Al is an expert witness on issues relating to rating, underwriting and financial projections. He also testified before the U.S. Congress on actuarial implications of the CLASS Act – the LTC reform provision in the Affordable Care Act. Al is also involved in LTC on the international front, working with Milliman’s Hong Kong office on projects in Singapore and Japan. In addition, Al leads the International Actuarial Association LTC topic team. Al has assisted clients with Medicare bid preparation and Medicaid LTC rate analysis. He has also worked with various healthcare reform projects and initiatives that examine innovative approaches to health care financing.
 
Prior to joining Milliman, Al worked for eight years at an insurance company in life insurance and LTC product development. Al has written numerous articles for the Society of Actuaries (SOA), Milliman, and other publications. He frequently speaks at industry meetings. He is a co-author of the LTC insurance study note that is used by the SOA Education and Examination Committee.