Our Company

Nick Dumbreck

Principal & Consulting Actuary
London, UK

Tel: +44 20 78471500

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  • MA, Mathematics, Jesus College, University of Cambridge

Current Responsibility

Nick is practice leader and a consulting actuary with the London office of Milliman. Before joining Milliman in April 2009, he spent 23 years at Watson Wyatt, including seven years as head of the firm's global insurance consulting practice. He began his career at Imperial Life of Canada.


Nick advises life assurance clients on a wide range of matters, including mergers and acquisitions and financial management. He has been heavily involved in the restructuring of the UK life industry over the past 15 years, including advising Standard Life on its demutualisation and flotation and acting as independent expert for Aviva's inherited estate reattribution.

Nick has been appointed actuary to several life companies in the UK and Ireland, notably HSBC Life UK and Halifax Life, and is currently actuarial function holder for one UK life company.

International experience includes IPOs in China and Hong Kong, advice to OSFI on the programme of demutualisations in Canada, and involvement in transactions in Scandinavia, the Netherlands, Greece, Japan, South Africa, and the Caribbean.


  • Member of Institute of Actuaries Council
  • President, Institute of Actuaries 2006-08
  • Chairman, Staple Inn Actuarial Society 2002-2004
  • Institute of Actuaries' representative on Council of International Actuarial Association and the Groupe Consultatif
  • Work at Milliman

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