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Steve Walsh, FCAS, FSA

Consulting Actuary
New York, NY, US

Tel: +1 646 4733430

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Professional Designations

  • Fellow, Casualty Actuarial Society (FCAS)
  • Fellow, Society of Actuaries (FSA)

Education

  • BS (summa cum laude) The Wharton School, University of Pennsylvania
  • MBA (Baker Scholar) Harvard Graduate School of Business Administration

Current Responsibility

Steve is a consulting actuary with the New York office of Milliman. He joined the firm in 2017.

Experience

Steve’s focus is product management, pricing, and underwriting, leveraging predictive analytics for InsurTech, insurer, reinsurer, private equity, and venture capital clients.

He has experience with a variety of lines of business, including personal auto, personal homeowners, personal specialty, flood, workers compensation, and commercial auto.

Steve’s areas of expertise include:

  • Integrating underwriting, product management, and actuarial modeling for new product and market development
  • Preparing rate filings and supporting regulatory reviews for geographic expansion
  • Applying predictive analytics, tiering, scoring, external data, and new rating variables for improved pricing sophistication, risk segmentation, and loss-ratio turnaround
  • Transforming operations for increased customer service, reduced process variance, and lower expenses
  • Conducting due diligence on start-up and growth stage opportunities for strategic and financial investors

Before joining Milliman, Steve was chief underwriting officer for Homesite, which American Family acquired for more than $600M. He was also a principal at Liberty Mutual Insurance and a strategy consultant focused on M&A with L.E.K. Consulting and Mars & Co.

Presentations

  • Testimony at trial, in depositions, and at regulatory hearings related to product design, coverage, rating plans, claims, and bad faith
  • Guest lecturer, Boston University Master in Actuarial Science
  • U.S. Patent pending 62/184498, “Workers Compensation Risk by Individual Data Science”

Affiliations

  • CAS Finance Committee
  • Past Director, Property Insurance Plan Service Office (PIPSO)
  • Past Actuarial Committee member Workers Compensation Bureaus in MA, PA, DE, NJ
  • Work at Milliman

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