Skip to main content
Randy Beams headshot

Randy Beams

FSA, MAAA
Actuary
Tampa, FL, US
1 813 2829262

Randy Beams is an actuary based out of Milliman’s Tampa office. He joined the firm in 2018.

バイオをダウンロードDownload

Experience

Randy’s primary areas of concentration are the life and long-term care insurance markets. He frequently works on a variety of projects including pricing, product development, valuation, and modeling of life, long-term care, and hybrid products. Randy is a leader in model development, having worked on the development and expansion of the firm’s modeling capabilities with regard to the hybrid product market. Prior to joining the firm, Randy began his career in reinsurance.

Publications

Read their latest work

Article

Estimating Member-Level Treatment Effects with Uplift Modeling

03 December 2024 - by Randy Beams, Tanner Boyle
In long-term care, uplift modeling could serve as a valuable tool, helping actuaries and statisticians analyze the effectiveness of new wellness programs.
Article

長期介護フォーカス：2024年第3四半期

11 September 2024 - by Juliet Spector, Annie Gunnlaugsson, Robert Eaton, Mike Bergerson, Joe Neary, Evan Pollock, Courtney Kronlokken, Randy Beams, Susan Knutson
本四半期号のフォーカス・ニュースレターでは、ミリマンの長期介護（LTC）のコンサルタントが現在取り組んでいるプロジェクトについて紹介します。
Article

Long-Term Care Focus: Q3 2024

11 September 2024 - by Juliet Spector, Annie Gunnlaugsson, Robert Eaton, Mike Bergerson, Joe Neary, Evan Pollock, Courtney Kronlokken, Randy Beams, Susan Knutson
In our third quarter 2024 Long-Term Care (LTC) Focus newsletter, we showcase some of the projects that Milliman LTC consultants are working on now.
Article

Integrated and first principles modeling for hybrid life and health products

17 February 2022 - by Tyler Armstrong, Robert Eaton, Randy Beams
This article discusses the pros and cons of a claim cost model versus an integrated first-principles model for use in modeling Hybrid Life and Health products.
Article

Integrated and first principles modeling for hybrid life and health products

17 February 2022 - by Tyler Armstrong, Randy Beams, Robert Eaton
We look at modeling hybrid products under an integrated and first-principles basis with long-term care riders, which produces more robust and precise models.
Article

死亡率の不変と前提条件の完全性

08 December 2021 - by Tyler Armstrong, Randy Beams, Robert Eaton
前提条件の完全性を維持するため、アクチュアリーは、死亡率の不変というモデリング原則を利用します。
Article

Conservation of mortality and assumption integrity

08 December 2021 - by Tyler Armstrong, Randy Beams, Robert Eaton
To maintain assumption integrity, actuaries use the modeling principle called conservation of mortality.
Article

MediGapを意識：複合的商品に関するモデリングの検討事項

15 July 2021 - by Tyler Armstrong, Randy Beams, Robert Eaton
Med Suppモデリングに好ましいソリューションは、最新の数理モデリングソフトウェアプラットフォームです。それは、効果的リスクガバナンスフレームワーク、効率的前提条件管理、論理的インプット、複合的な変数の相互関係をモデリングする機能があるためです。
Article

Minding the MediGap: Modeling considerations for a complex product

15 July 2021 - by Tyler Armstrong, Randy Beams, Robert Eaton
The preferred solution for Med Supp modeling is a modern actuarial modeling software platform because of the effective risk governance framework, efficient assumption management, logical inputs, and the capability of modeling complex variable interactions.