Milliman taps public pension expert

Industry specialist brings 25 years of experience to the firm

Milliman taps public pension expert

Insurance News

By Ryan Smith

Global consulting and actuarial firm Milliman has announced the appointment of Ryan Falls as a consulting actuary and statewide public pension system marketing lead.

In his new role, Falls will focus on continuing to expand Milliman’s statewide public pension consulting business.

Falls has 25 years of actuarial and benefits consulting experience, with a focus on major public employee retirement systems. Prior to joining Milliman, he served as lead actuary for the Arizona State Retirement System, the Teachers Retirement System of Oklahoma, the New Mexico Educational Retirement Board, the New Mexico Public Employees Retirement Association, and the Employees Retirement System of Texas.

“Ryan is a leader in statewide system plan design and sustainability, and has worked closely with plan sponsors on public pension plan reform,” said Matt Larrabee, principal and consulting actuary at Milliman. “Ryan has a reputation for telling systems what they need to hear in an understandable, empathetic manner that matches well with Milliman’s consulting approach. His work, especially in the southwestern US, will help Milliman expand our offerings and complements our strong public pension expertise.”

“I’ve seen firsthand the monumental effort it takes to manage a statewide retirement system, and the impact it has on employees, plan sponsors, and the state as a whole,” Falls said. “Milliman’s independence, creativity, and its mission to protect the financial wellbeing of people everywhere is vitally important in public plan design. I’m thrilled to join a leader in the benefits space.”

Milliman recently partnered with the Society of Actuaries to launch a climate risk certification program.

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