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Joel S. Chansky, FCAS, MAAA

Consulting Actuary
Wakefield, MA, US

Tel: +1 781 2136200

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Professional Designations

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


  • BA, Mathematics, Dartmouth College

Current Responsibility

Joel is a principal with the Boston office of Milliman. He joined the firm in 1987.


Joel’s property and casualty insurance experience includes loss reserving, valuation studies, funding studies for captives and self-insureds, rate filing reviews for regulatory authorities, and expert testimony. He also has considerable expertise in the areas of investments and taxes from prior work experience.

Joel specializes in alternative market issues. He has assisted with the formation and/or ongoing actuarial needs of many self-insurers, captive insurers, and risk retention groups. He reviews captive and risk retention group applications for several state insurance departments.

In addition to the alternative market, clients have included traditional property and casualty insurers, reinsurers, insurance departments, attorneys general, trade associations, municipal bond insurers, catastrophe bond special purpose vehicles, underground storage tank insurers, Lloyd’s of London, and syndicates on the New York Insurance Exchange.

Presentations, Publications and Awards

Joel is a frequent speaker on the topics of captives, risk retention groups, and alternative risk financing.

Joel has been rated among the top 50 most influential people in the captive insurance industry as ranked by Captive Review magazine.


  • Board member, Captive Insurance Company Association
  • Faculty, International Center for Captive Insurance Education
  • Former advisory board member, World Captive Forum
  • Former board member, Milliman, Inc
  • Former board member and president, Arizona Captive Insurance Association
  • Former board member and president, Captive Insurance Council of the District of Columbia
  • Former board member, National Risk Retention Association
  • Past chair, Casualty Actuarial Society Joint Program Committee for the CIA/CAS Appointed Actuary Seminar
  • Work at Milliman

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