Nick Collier
Nick Collier is a principal and consulting actuary with the Seattle office of Milliman. He joined the firm in 1987.
Experience
Nick’s area of expertise is the employee benefits field, serving a wide range of public and multiemployer clients. He has assisted clients with many aspects of defined benefit plans, including actuarial valuations, experience studies, asset-liability modeling, cost projections, and postretirement benefits valuation. Additionally, Nick has extensive experience performing actuarial audits.
Nick’s projects have included:
- Creating stochastic asset-liability projections
- Designing a retirement benefit online calculator
- Analyzing the use of reserves in funding policy
- Conducting high-level internal quality control reviews
For each client, Nick is, at a minimum, involved with the actuarial valuation, experience analysis, cost studies, and projections. Each of these systems has more than 10,000 members and assets greater than $1 billion. Three of these systems have cash balance features as part of the retirement system. Additionally, Nick has performed more than 30 actuarial audits on large public sector retirement systems.
- “COVID 19 – An Actuarial Perspective on Experience, Assumptions, and Policies,” March 8, 2021. Presentation at CALAPRS General Assembly.
- “6 Years Post-PEPRA – Are We Getting the Savings as Promised?” March 8, 2020. Presentation at CALAPRS General Assembly.
- “Volatility Adjusted Discount Rates,” presented at the 2010 Conference of Consulting Actuaries meeting.
- Associate, Society of Actuaries
- Member, American Academy of Actuaries
- Enrolled Actuary, ERISA
- Fellow, Conference of Consulting Actuaries
- BA (cum laude), Mathematics and Economics, Claremont McKenna College