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Kevin Henderson, AFA, CERA

Senior Consultant
Madrid, ES

Tel: +3 491 5984098

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Professional Designations

  • Actuary (AFA), UK Institute & Faculty of Actuaries
  • Chartered Enterprise Risk Actuary (CERA), UK Institute & Faculty of Actuaries
  • PRINCE2 Practitioner


  • Bachelor in Actuarial Science and Statistics University of the Free State, Bloemfontein, South Africa
  • Postgraduate in Actuarial Science Stellenbosch University, South Africa

Current Responsibility

Kevin is a consulting actuary in the Madrid office of Milliman. He joined the firm in 2009.


Kevin is an actuary with more than seven years of experience having worked on many actuarial consulting projects, mostly in the Benelux, Germany, France and Spain.

Kevin has been responsible for a large number of projects related with the implementation and review of economic valuation models under EV and SII principles including dynamic asset, liability and reinsurance modelling, and the time value of financial options and guarantees. He is considered a senior financial modelling expert.

Kevin has a wide background in consulting projects related to Solvency II and economic capital calculation, having been involved in the implementation of Pillar I and II, and setting up a framework for and performing validations for leading companies in several European markets.

Kevin has also performed reserving exercises for several non-life insurers, using deterministic and stochastic techniques.

Kevin has also participated in the valuation of large insurance companies in mergers and acquisition processes in international markets.

Prior to joining Milliman Madrid, Kevin worked for seven years in Milliman Amsterdam´s actuarial consulting team.

Kevin is fluent in English, Afrikaans and Dutch. He also speaks basic German and basic Spanish.


  • Kevin is a member of the UK Institute and Faculty of Actuaries. He is also actively involved in the Dutch Young Actuarial Professionals organisation.
  • Work at Milliman

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