Milliman’s core strategy, whether in Asia, the United States, United Kingdom, Europe, or other areas, is very much built around our professional talent.  Milliman’s Tokyo office is no exception. Our flexible corporate structure allows us to meet client needs by putting together the strongest possible team available in the local market, particularly in Tokyo, quickly and effectively, especially for the following areas:

• market entry or exit in Japan
• corporate restructuring, including M&A and demutualization
• FRM, ERM, and ALM, including hedging and economic capital development
• strategic financial modeling, in particular stochastic-in-stochastic
• software, such as ALFA, and software-related projects
• product development and pricing
• actuarial appraisal and financial reporting including EEV/MCEV, U.S. GAAP, and IFRS
• analysis of distribution channels
• expense control and analysis
• actuarial support for various Kyosai business entities

With the goal of meeting global needs for financial risk management from Chicago, London, Paris, Amsterdam, and Tokyo, we have formed Tokyo Financial Risk Management Practice to support those companies operating in Japan—whether multinational or domestic--that undertake various risk management strategies, including VA product pricing and hedging.

The Japan Actuarial Software Development Team also is a unique, successful consulting group. We support those clients that need perfectly customized actuarial software solutions—under either Japanese statutory or U.S. GAAP—by utilizing MegALFA, which is a 100% made-in-Tokyo very flexible seriatim projection software platform.