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Craig Reynolds is a principal and consulting actuary with the life insurance consulting practice of the Seattle office of Milliman. He joined the firm in 1989.
Craig co-manages Milliman’s Seattle life insurance consulting practice and works primarily on assisting clients with development, analysis, and validation of long-term financial forecasts on a statutory and U.S. GAAP basis. Such forecasts are often used for product pricing, principles-based valuation or capital determination, risk management, statutory and GAAP projections and valuation, business planning, mergers and acquisitions, cash-flow testing, or litigation support. He has extensive U.S. experience and has also worked in a number of countries around the world, including Japan, South Korea, China, Bermuda, Canada, France, Brazil, Mexico, Chile, Colombia, and Argentina.
In recent years, most of Craig’s work has focused on designing, validating, and using such corporate models for asset-liability management, financial reporting, and forecasting. He has also worked with companies to implement efficient stochastic pricing, reporting and valuation, and stochastic reserve and capital models. He has been involved in a number of major reinsurance and international merger and acquisition assignments, including post-purchase implementation of new financial reporting processes.
Craig has extensive experience with pricing and modeling of many product types, including Universal Life, Traditional Life, and Variable, Fixed, and Indexed annuities.
Craig served as President of the Society of Actuaries (SOA), the largest actuarial professional organization in the world, from 2015-2016. He was on the board of the SOA for seven years. He currently serves as a member of the City Council of the city of Mercer Island, Washington.