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Rebecca Gaines

Assistant Actuary
Chicago, IL, US

Tel: +1 305 5270347

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  • BA, Actuarial Science, University of Connecticut

Current Responsibility

Rebecca works as a flexible resource to multiple Milliman offices and as an on-site resource for client companies. Travel is typically a component of her assignments, both local and international and varying in duration from several days to 18 months.


  • MG-ALFA: Pricing, actuarial contribution and valuation of liabilities with extensive database customization where necessary.
  • Conversion of policyholder administration systems: Converts of interest-sensitive and traditional par and non-par blocks of business, provides actuarial support to programmers, writes documentation of system functionality.
  • Conversion of actuarial modeling systems: Converts interest-sensitive and traditional par and non-par blocks of business.
  • Product pricing: Term, interest-sensitive whole life, disability income.
  • Cash-flow testing: Traditional, interest-sensitive life, annuities, and disability income.
  • Month-end reporting: Monthly liability valuation and interest-adjusted loss ratios for disability income on both statutory and GAAP bases.
  • Dividend scale revisions: Revises closed block dividend scales, preserving statutory glide path.
  • Actuarial contribution calculations: Traditional lines of business for both U.S. and Japanese demutualizations.
  • Field compensation: Compensation design, monitoring tools, and internal financial statements at the agent, agency, and distribution company levels.
  • Training: Develops training materials and, when necessary, instructs classes for monthly valuation processes, policyholder illustrations, customer service tools, introductory MG-ALFA.
  • Client applications: Builds applications to automatic specific tasks with the appropriate level of user flexibility versus "black box."

Exam Progress

  • Passed SOA Courses 1-3, 5, and 6
  • 25 professional development credits

  • Work at Milliman

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