Allen Klein
Al Klein is a principal and consulting actuary with Milliman’s Buffalo Grove/Chicago office. He joined the firm in 2009.
Al’s primary responsibilities include conducting industry experience studies and assisting clients with mortality, longevity, and underwriting-related issues. He has been involved with product development, assumption setting, and mergers and acquisitions. In the mortality and underwriting space, Al has expertise on a wide variety of products, including traditional, simplified issue, final expense, older age, and preferred.
Experience
Prior to joining Milliman, Al worked for a large stock life insurance company where he conducted experience studies across all lines of business. He also worked in reinsurance and consulting, where he was responsible for strategic planning, product development, and traditional reinsurance.
Al is a frequent speaker and is currently involved with a number of industry activities in the following roles:
- Representiative, Society of Actuaries (SOA)
- Co-Vice Chair, Mortality Working Group of the International Actuarial Association, involved in the following projects:
- Underwriting practices around the world
- Drivers of future mortality
- Older age mortality
- Member, SOA Longevity Advisory Group
- Chair, SOA Underwriting Issues and Innovation Seminar Planning Committee
- Member, SOA Life Insurance Mortality and Underwriting Survey Committee
- Chair, Predictive Analytics and Accelerated and Enhanced Underwriting Survey Team
- Member, Joint American Academy of Actuaries (AAA)/SOA Preferred Mortality Oversight Group
- Member, Joint AAA/SOA Underwriting Criteria Team
- Member, 2015 SOA Valuation Basic Table Development Team
- Member, Longer Life Foundation Advisory Board
- Member, SOA Project Oversight Group
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BS, Actuarial Science and Finance, University of Illinois, Urbana
Publications