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Chris Onken

Principal and Consulting Actuary
Chicago, IL, US

Tel: +1 312 7260677

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Professional Designations

  • Fellow, Society of Actuaries
  • Member, American Academy of Actuaries


  • Bachelor’s Degree, Actuarial Science, University of Nebraska–Lincoln

Current Responsibility

Chris is a principal with Milliman’s Financial Risk Management practice in Chicago and has been with Milliman since April 2006.


Chris has been instrumental in developing and overseeing numerous variable annuity and equity-indexed annuity hedging programs. He has helped many clients improve the effectiveness of their hedging strategies and efficiency of their cash-flow testing and financial reporting processes. Additionally, he has assisted companies in communication of hedging strategy and results to maximize understanding within their organization. Chris has also reviewed and provided commentary on hedging programs and product profitability for merger and acquisition transactions.

Chris began his career at a large life insurance company, where he worked in annuity modeling and distributor profitability.

  • Work at Milliman

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