Aspen Insurance has announced the appointment of William Miller as group chief actuarial officer, effective 1 July 2021.
In his new role, Miller will be responsible for Aspen’s core actuarial services and will report to Mark Cloutier, executive chairman and group chief executive officer.
Based in Bermuda, Miller will succeed Andrew Kudera, executive vice president and group chief actuary, who has departed to pursue other opportunities.
Aspen states Miller’s appointment marks the rebuilding of Aspen’s actuarial function as part of the firm’s operational, strategic and cultural transformation that continues to gather momentum.
He brings 35 years’ experience within the non-life sector and most recently joins the business from KMPG in Bermuda where he served as managing director, actuarial, responsible for advising some of the leading international (re)insurers.
Prior to that, he spent 12 years at Chubb legacy ACE, where he held the position of chief actuary for its risk management and foreign casualty divisions. His career also includes roles at Travelers, NCCI, Reliance National and Willis Towers Watson working as a senior consultant actuary.
Cloutier commented: “I’m delighted to welcome Bill to Aspen. With three decades of actuarial and non-life expertise, he is the right person to support our evolving actuarial function at a time when risk management and pricing accuracy forms a key focus for Aspen to become a top quartile specialty (re)insurer. I would like to thank Andy for the contribution he has made to Aspen and would like to wish him well with his new endeavours.”
Miller commented: “It is tremendously exciting to join the Aspen team at this stage in its journey. I am looking forward to working collaboratively with my new colleagues – and harnessing our combined expertise to support the wider business.”