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Matt Cheung, MAAA, FSA

Consulting Actuary
Chicago, IL, US

Tel: +1 312 7260677

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Professional Designations

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


  • Bachelor of Mathematics, University of Waterloo

Current Responsibility

Matt is a consulting actuary with Milliman's Financial Risk Management practice in Chicago. He joined the firm in 2006.


Matt has managed variable annuity (VA) hedging outsourcing operations on behalf of clients in the United States, Canada, and Europe. Risks managed include equity, interest rate, and foreign exchange.

He has experience advising VA companies in areas such as pricing, hedging, and regulatory capital. He has also done substantial consulting work in the context of VA mergers and acquisitions.

  • Work at Milliman

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