Melanie McFaul
FCAS, MAAA
Actuary
Irvine, CA, US
Melanie McFaul is an actuary with Milliman's Property and Casualty Orange County office. She focuses on InsurTech solutions and advanced ratemaking techniques.
Experience
Melanie's areas of expertise include:
- Developing commercial and personal lines rates using advanced ratemaking techniques, including rates for emerging markets and technologies with limited data
- Preparing rate and rule filings to facilitate efficient multistate regulatory reviews, including those for rigorously regulated environments
- Developing insurance products, including underwriting and filing support, for existing and emerging markets
- Designing and automating pricing and reserving insurance processes to improve efficiency and profitability
- Pricing catastrophe risks, especially wildfire risks
- Developing predictive models
Prior to joining Milliman in 2021, Melanie was a commercial lines account manager at HUB International Insurance Services where she specialized in film and television risks, managing a book of high-profile accounts, including Fortune 500 motion picture studios.
Publications and Presentations
To view Melanie's publications, click here:
Professional Designations
- Fellow, Casualty Actuarial Society
- Member, American Academy of Actuaries
Education
- MS, Actuarial Science – Lisbon School of Economics and Management
- BS, Mathematics – California State University, Long Beach
Publications
Read their latest work
Article
Wildfire catastrophe models and their use in California for ratemaking
21 July 2023 - by Robert Zolla, Melanie McFaul
This article details the benefits of using wildfire catastrophe models in California ratemaking compared with other actuarial techniques.