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David M. Liner, FSA, CERA, MAAA

Principal, Consulting Actuary
Windsor, CT, US

Tel: +1 860 6870137

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Professional Designations

  • Fellow, Society of Actuaries
  • Chartered Enterprise Risk Analyst
  • Member, American Academy of Actuaries


  • BA, Mathematics and Actuarial Science, University of Connecticut, Summa Cum Laude

Current Responsibility

Dave is a principal and consulting actuary with the healthcare consulting practice in Milliman's Hartford office. He joined the firm in 2008.


Dave advises a wide spectrum of clients across the U.S. healthcare sector. He specializes in commercial health insurance, employee benefits consulting, Medicare Part D, pharmacy benefit management, and stop loss reinsurance markets. Dave's clients include commercial health insurers, large employers, captive insurers, pharmacy benefit managers, and Medicare Part D plan sponsors.

Since the passage of the Affordable Care Act in 2010, Dave has provided strategic and actuarial consulting services to help many clients navigate a dynamic regulatory environment. He has helped new entities achieve business objectives ranging from initial formation to operational commencement. For established entities, Dave has evaluated the effect of emerging regulations and complex market forces on current and potential lines of business.

Dave has significant experience with insurance licensure filings, product development, stochastic stop loss claim projections, reserving, and commercial rate filings. For Medicare Part D and pharmacy benefit management clients, he has performed formulary design analytics, financial projections and individual Medicare Part D bid development. Dave has also provided consulting services related to Retiree Drug Subsidy, Employer Group Waiver Plan, and commercial pharmacy benefits.


  • General Officer, Society of Actuaries Enterprise Risk Management Exam Curriculum Committee, 2014 – Present
  • Member, Society of Actuaries Enterprise Risk Management Exam Task Force, 2013 - 2014
  • Module 6 Chairperson, Society of Actuaries Fundamentals of Actuarial Practice Curriculum Committee, 2011 - 2013
  • Work at Milliman

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