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Michelle N. Angeloni, FSA, MAAA

Windsor, CT, US

Tel: +1 860 6870168

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Professional Designations

  • Fellow, Society of Actuaries
  • Member, American Academy of Actuaries


  • BS, Mathematics and Actuarial Science, University of Connecticut, summa cum laude

Current Responsibility

Michelle is an actuary with the Hartford office of Milliman. She joined the firm in 2010.


Michelle’s clients include insurers, health benefit plan sponsors, pharmacy benefit managers, and Medicare Part D prescription drug plan (PDP) sponsors. Her expertise includes pricing medical and pharmacy benefits, developing actuarial reserves, and performing experience analyses. She has worked for both private and public sector plan sponsors.

Michelle has significant experience working with PDP sponsors including bid development, formulary design, and other support related to analysis of ongoing performance.

She also assists employers and pharmacy benefit managers with group prescription drug services, including creditable coverage testing, retiree drug subsidy attestations, and pharmacy benefit manager request for proposal analyses.

Michelle coauthored the “Pharmacy Benefits in the United States” chapter in the Group Insurance textbook. She also coauthored “The ABCs of winning pharmacy benefit strategies” and “The evolving group retiree pharmacy benefits landscape” articles published to Milliman Insight.


  • Member, Society of Actuaries Probability Exam Committee, 2013 - 2016
  • Adjunct Professor, University of Connecticut Actuarial Science Program, 2012 - 2013
  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman