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Karen Drake

Actuarial Analyst
Albany, NY, US

Tel: +1 518 5147100

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  • BA, Mathematics, State University of New York at Potsdam

Current Responsibility

Karen is an actuarial analyst with the Albany office of Milliman. She has been with the firm since 1989.

Karen's experience is in the pension benefits area.

As a member of the Defined Benefit Actuarial Services Team, her duties include:

  • Preparation of census data requests
  • Review and reconciliation of participant data
  • Reconciliation of plan assets
  • Setting up the actuarial valuation using Milliman's Val 2000 system
  • Reviewing valuation output and checking sample results
  • Drafting of actuarial valuation reports
  • Drafting of IRS Form 5500 and PBGC Form 1
  • Preparation of participant annual benefit projection statements
  • Review of certified benefit calculations for participants who are terminating employment or retiring
  • Maintaining client historical pension database
  • Providing client support for day-to-day administrative activities
  • Work at Milliman

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