Michael Culligan
Michael Culligan

Principal, Consulting Actuary

Milliman

Michael's experience covers a wide range of activities in the insurance field including reserving, solvency and capital management, risk management, financial reporting, product development, mergers and acquisitions, portfolio transfers and new company set-ups. He has been involved with a diverse range of clients from Ireland, the United Kingdom, the United States and continental Europe and has served as appointed actuary/signing actuary to a number of Irish life, non-life and reinsurance companies. He has also acted as independent actuary for a number of portfolio transfers involving Irish insurers. He has a particular expertise in unit-linked, variable annuity and PPI (creditor) business and currently serves as the head of actuarial function for a number of Irish insurers. Michael has written articles and has presented papers on a range of diverse issues. In the insurance area he has presented papers on topics ranging from corporate governance to Solvency II. In the pensions field, he has written or contributed to a number of high-profile reports on aspects of the Irish pension landscape, including on the sustainability of the state pension. Michael is actively involved in industry and professional working groups. He was, for many years, a member of both the Life Committee and the Solvency II Committee of the Society of Actuaries in Ireland and has represented the Society on Solvency II issues at a European level. He was formerly the chairman of the Solvency II Group that operated under the auspices of An Taoiseach's (Irish Prime Minister's) IFSC Insurance Group. Michael was a director of Life Strategies from the time he joined in 1998 to its acquisition by Milliman in 2009. Prior to that, he worked for 10 years for New Ireland Assurance in a variety of actuarial roles.