Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
Navigate today’s most pressing health industry challenges with a leading global expert by your side.
Deliver on the promises of the past and create smart solutions for the future.
This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are.
Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
Asset/Liability Modeling & LDI
The best ALM studies are developed using sound processes. We employ time-tested systems and methods at each step in our studies. These processes are bolstered by a rigorous review of the results. The resulting analysis provides our clients with a clear understanding of how their plans function under many different economic conditions and the confidence to know that the results were determined in a logical, proven manner.
Our analysis will be tailored to our clients' specific circumstances, liability characteristics, and financial objectives. It will provide an understanding of the tradeoffs between minimizing the volatility of contributions and maximizing returns to reduce the long-term cost of the plan. We employ a risk-budgeting framework that will help our clients identify the appropriate level of risk and the optimal allocation of risks to be taken.
Some of the key metrics used to quantify financial risks when determining the optimal investment policy for a corporate pension plan are as follows:
A summary diagram of our asset-liability modeling process is shown below.
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