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Tung Tran

Associate Actuary
Seattle, WA, US

Tel: +1 206 5045482

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Education

  • BS, Applied and Computational Mathematical Sciences, University of Washington

Current Responsibility

Tung is an Associate Actuary with the Life Insurance consulting practice of the Seattle office of Milliman. He joined the firm in 2015.

Experience

Since joining Milliman, Tung has primarily worked on model validation for fixed and variable annuities.

Prior to joining Milliman, Tung spent more than 10 years in valuation with various life Insurers within the United States and Asia. This experience included reporting and analysis of statutory and U.S. GAAP basis financials for interest-sensitive life products and annuities. Major projects that he has worked on include building DAC models in MG-ALFA®, model conversions, implementation of Internal SOX controls, business planning, and stochastic modeling for products with guarantees.

In recent years, most of Tung's work has focused on variable annuity GAAP valuation. This includes products with guaranteed minimum death benefits and guaranteed lifetime withdrawal benefits, which require SOP-03-1 and FAS 133 reserves.

  • Work at Milliman

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