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Rachel Cao

Risk Analyst
Chicago, IL, US

Tel: +1 312 4995692

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  • MS, Marketing Analysis, DePaul University
  • BS, Business Administration, Nanjing Audit University

Current Responsibility

Rachel is a member of the Milliman Risk Advisory Services practice in Chicago. Her work includes conducting risk assessments and planning and customizing enterprise risk management (ERM) solutions to deliver business insights. Rachel works as part of the RAS consultant team to incorporate the risk analytics framework into ERM decision analysis, CAPEX analytics, and clients' financial planning processes.

Rachel has been involved in the development and management of ERM software platforms (MillimanGRC and Adaero) and the CRM database. She also assists with the operation of the Milliman Risk Institute, which supports enterprise risk management research and development.


Prior to joining Milliman, Rachel had three years of experience in market data analytics. She conducted research on different industries and built models using statistical software (SPSS, SAS) to analyze market and certain business objectives.

  • Work at Milliman

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