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Susan J. Saip, FSA, MAAA

Consulting Actuary
Chicago, IL, US

Tel: +1 312 4995607

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Professional Designations

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


  • BA, Mathematics, University of Nebraska

Current Responsibility

Sue is a consulting actuary in the Chicago office of Milliman. She joined the firm in 2000.


Sue has more than 35 years of experience in the life insurance industry. Her area of concentration has been annuity product development and pricing. Sue spends a significant portion of her time on survey and research projects relative to annuity and life insurance topics. She plays a key role in the firm in the development, administration, and analysis of benchmarking surveys.

Prior to joining Milliman, Sue worked for eight years with a large stock life insurance company. Her work there included annuity product development, pricing, administration, and systems.

Presentations and publications

Sue is a frequent speaker at insurance industry meetings and has written many articles for insurance trade publications.


  • Chairman, 2012 SOA Annual Meeting Planning Committee
  • Vice Chairman, 2011 SOA Annual Meeting Planning Committee
  • 2010 and 2011 SOA Life and Annuity Symposium Planning Committee Member
  • Secretary/Treasurer of the SOA Product Development Section Council (2007-2010)
  • 2009 SOA Annual Meeting Planning Committee Member
  • Member of the SOA RMD Valuation Working Group (2005)
  • Member of SOA I-340 Exam Committee (1994-1997)
  • Work at Milliman

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