: MAAA, FSA, MBA
Candidate Biographical Sketch
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.
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.
The Academy’s mission is to serve the public and the U.S. actuarial profession. My service on the Board will allow me to:
Help ensure sound actuarial analysis is provided on critical policy issues, particularly as they relate to health and long-term care. The Academy relies on volunteer resources to provide much of the work and analysis on important actuarial issues. My service will allow me to help ensure those resources are used wisely and to help find ways to increase the level of volunteer work that can be accomplished. I look forward to helping make the important decisions required of the Board to ensure that the Academy and the actuarial profession continue to be held in the highest regard, particularly with respect to informing public policy, and public policy decision makers.
Academy Service
- Chairperson, State Long-Term Care Principle-Based Work Group, 2011-15; Member, 2007-11
- Chairperson, Long-Term Care and Disability Committee, 2015
- Chairperson, Technical Subgroup, 2006-08
- Vice Chairperson, State Long-Term Care Task Force, 2011-15; Member, 2004-11
- Member, Committee on State Health, 2007-15
- Member, AAA/SOA Long-Term Care Valuation Work Group, 2010-15
- Member, Long-Term Care Credibility Monograph Work Group, 2012-15
- Member, Health Practice Council, 2015
- Member, State Long-Term Care Experience Forms Work Group, 2005-06
- Member, State Long-Term Care C3P2 Committee, 2004-05
- Member, Disability Income Work Group, 2001-03
- Member, Task Force on Health Risk-Based Capital, 1999-2001
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