Nick Carnaval

FSA, EA, MAAA

Consulting Actuary

New York, NY, US

Nicholas Carnaval is a consulting actuary in the New York office of Milliman. He joined the firm in 2006.

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Experience

Nicholas has pension and employee benefit experience, including reviewing actuarial valuation reports and associated funding calculations for single-employer, multiple-employer, and multiemployer pension plans. In addition, he has assisted in plan redesign, plan de-risking, funding, and accounting projections, experience studies, nonqualified plan analyses, and plan terminations.

Nicholas has valuation experience with qualified, nonqualified, postretirement, and post-employment benefit plans under U.S. GAAP (FASB ASC Subtopics 715-20, 715-30, 715-60, and 712-10) and international (IAS19) accounting standards.

His responsibilities also include reviewing government filings, employee benefit statements, retirement calculations, and nondiscrimination testing.

Professional Designations

Fellow, Society of Actuaries
Enrolled Actuary, ERISA
Member, American Academy of Actuaries

Education

BS, Mathematics with specialization in Actuarial Science, Hofstra University

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Publications

Read their latest work

Article

Potential effects of the COVID-19 pandemic and other mortality trends on corporate defined benefit plans

29 November 2021 - by Peter Thies, Rebecca Ross, Nick Carnaval

When it comes to pensions, how has COVID-19 affected the mortality assumptions for defined benefit plans?

Article

A review of 2017 PBGC premium rates

03 November 2016 - by Nick Carnaval

Nick Carnaval

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Experience

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Read their latest work

Potential effects of the COVID-19 pandemic and other mortality trends on corporate defined benefit plans

A review of 2017 PBGC premium rates

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Nick Carnaval

Experience

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