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Zorast Wadia, CFA, FSA, EA, MAAA

Principal, Consulting Actuary
New York, NY, US

Tel: +1 646 4733000

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Professional Designations

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

Education

  • MS, Mathematics, Courant Institute, New York University
  • BS (summa cum laude), Mathematics, New York University
  • BE (with distinction), Electrical Engineering, Stevens Institute of Technology

Current Responsibility

Zorast is a principal and consulting actuary with the New York office of Milliman. He joined the firm in 2002. In addition to his client responsibilities, Zorast manages a team of actuarial analysts and serves on Milliman’s Corporate Strategic Planning Group.

Experience

Zorast has been working in the retirement benefits field for more than 18 years. He has expertise in actuarial valuations for qualified and nonqualified plans. He also has expertise in the areas of pension plan compliance, design, and risk management.

Zorast has extensive valuation experience with qualified, nonqualified, and postretirement benefit plans under U.S. GAAP ( FASB ASC Subtopics 715-20, 715-30, and 715-60) and international (IAS19) accounting standards. He has also worked with clients on benefit improvement, plan redesign, plan de-risking, and funding and accounting projection studies.

Zorast’s clients include not-for-profit organizations, financial services firms, and other corporations.

Affiliations

  • Member, Society of Actuaries’ Education and Examination Committee
  • Member, American Academy of Actuaries Lifetime Income Task Force
  • Co-author of the Milliman Pension Funding Study and Milliman 100 Pension Funding Index
  • Work at Milliman

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