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Timothy Herman

Consulting Actuary at Milliman

Timothy Herman is a principal and consulting actuary in the Milwaukee office of Milliman with over 30 years of experience.12 He provides retirement consulting services to a wide range of clients, including small privately held companies, large publicly traded companies, public plans, multiemployer plans, and church plans.12

Herman's expertise includes:

  • Employee benefit plan design
  • Experience studies
  • Actuarial valuations
  • Cost estimates
  • Individual benefit calculations
  • Merger and acquisition consulting
  • Plan governance issues
  • Stochastic projections of assets and liabilities
  • Analysis of retiree medical plans under GASB requirements
  • Consulting on multiemployer funds regarding PPA, MPRA, and ARPA requirements12

He holds several professional designations:

  • Fellow, Society of Actuaries (FSA)
  • Enrolled Actuary (EA)
  • Member, American Academy of Actuaries (MAAA)2

Herman's educational background includes:

  • BS in Mathematics from the University of Wisconsin
  • MS in Actuarial Science from the University of Wisconsin2

He is actively involved in professional organizations and has made various presentations and publications on topics such as multiemployer pension funding, variable annuity plan design, and public pension plan finances.2

Highlights

Feb 18 · milliman.com
Multiemployer Pension Funding Study: Year-end 2024 - Milliman
May 2 · ndlegis.gov
[PDF] Milliman - North Dakota Legislative Branch
[PDF] Actuarial Audit of the Wisconsin Retirement System

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Location

Greater Milwaukee Area