Matt Chamberlain
Matt Chamberlain is a principal and consulting actuary with the Property and Casualty Practice in Milliman’s San Francisco office. He joined the firm in 2011.
Experience
Matt’s experience is primarily in pricing natural catastrophe exposed property insurance. His work often involves designing creative solutions to novel insurance problems.
He is the Lead Actuary for the Risk Rating 2.0 initiative, which is the first ground-up redesign of the rates for the National Flood Insurance Program, the largest flood insurer in the United States since the program was created 50 years ago. He has also designed flood insurance rating plans for private companies.
Matt has worked extensively on evaluating catastrophe models and assessing their fitness for purpose. He has spoken on this subject at prominent industry conferences.
He has developed by-peril rating plans for Homeowners, Dwelling Fire, and Mobile Homeowners in regions exposed to substantial catastrophe risks from multiple perils. He has developed new rating variables that enable a more accurate pricing of hurricane risk.
Matt has also worked on projects evaluating the impact of mitigation on wildfire risk and the impact of sea level rise.
Prior to joining Milliman, Matt was senior actuary at Geovera Holdings, Inc. Prior to Geovera, he worked for Unitrin Direct and the Massachusetts Workers’ Compensation Rating & Inspection Bureau.
Matt has published articles and presented on the pricing of natural catastrophe exposed property insurance for all major perils. The conferences he has spoken at include the National Flood Conference, the Reinsurance Association of America’s Catastrophe Management conference, meetings of the Casualty Actuarial Society, and the Actuarial Society of South Africa.
Professional Designations
- Fellow, Casualty Actuarial Society
- Certified Specialist in Predictive Analytics
- Member, American Academy of Actuaries
Education
- BS, Physics, The Ohio State University, Columbus, Ohio
- BA, Classics, The Ohio State University, Columbus, Ohio
- MS, Physics, Auburn University, Auburn, Alabama
Publications