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Kelly J. Rabin, FSA, CFA, MAAA

Consulting Actuary
Seattle, WA, US

Tel: +1 206 5045720

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Professional Designations

  • Fellow, Society of Actuaries
  • Chartered Financial Analyst
  • Member, American Academy of Actuaries

Education

  • BSBA, Actuarial Science and Economics with Business Emphasis, Drake University

Current Responsibility

Kelly is a consulting actuary with the Life practice of Milliman’s Seattle office. She joined the firm in 2014.

Experience

Kelly has spent most of her actuarial career developing and managing successful life insurance products and programs. She led product management for Symetra’s Individual Life Division and also served as the line actuary. Her experience includes pricing and product development along with in-force management and financial reporting, for both individual life products and bank-owned life insurance/company-owned life insurance (BOLI/COLI).

Kelly has a passion for helping companies optimize their product development processes from ideation through launch. She works with other professional services firms to ensure that the team of consultants has expertise in all product development matters, from actuarial to systems. Kelly also consults on all BOLI/COLI issues from the varying perspectives of carrier, distributor, administrator, and end customer.

Kelly has established significant expertise in model validation since joining Milliman. She has reviewed MG-ALFA® models along with supporting inforce files and assumptions, as well as the supporting back-end processes to these models, which can often contain pitfalls due to poorly controlled manual processes.

She also has experience working on complex mergers and acquisitions transactions, including deep-dive analysis of various reserving and reinsurance structures and review of audit workpapers.

Presentations and publications

  • Frequent speaker at industry and professional conferences
  • Co-author of a Milliman white paper, “Potential impact of changes in U.S. statutory reserve regulations on term insurance pricing”, which was also excerpted in Product Matters
  • Co-author of an article published in the February 2016 edition of Product Matters: “Agile Methodology: The Future of Insurance Product Development?"

Affiliations

  • Vice Chairperson, SOA Product Development Section Council
  • Planning Committee, 2016 Life and Annuity Symposium
  • Planning Committee, 2016 SOA Annual Meeting
  • Work at Milliman

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