Lucy Ouyang
FSA, MAAA
Consulting Actuary
Berwyn, PA, US
Lucy is a consulting actuary with the Philadelphia office of Milliman. She joined the firm in 2014.
Experience
Lucy consults primarily with life and health insurance companies to accomplish a variety of goals. Her professional experience includes valuation of fixed-income securities and derivatives, actuarial appraisals for mergers and acquisitions, asset liability management, risk-based capital analysis, cash flow testing, statutory and GAAP valuation, economic capital and assisting insurance companies in quantifying enterprise-wide risks and meeting ORSA requirements.
Lucy is an expert in MG-ALFA® (Milliman’s asset and liability system).
Professional Designations
- Fellow, Society of Actuaries
- Certified Enterprise Risk Analyst
- Member, American Academy of Actuaries
Education
- MS, Actuarial Science, University of Waterloo
- BS, Mathematics, Hartwick College
Publications
Read their latest work
Article
All eyes on assets in life insurance
21 November 2024 - by Fiona Ng, Lucy Ouyang, Ashleigh Sandrock, Jundie Wei
We explore the evolving investment strategies of U.S. life insurers, focusing on private credit and structured assets, as well as recent regulatory developments and proposals.
Article
生命保険における資産に注目
21 November 2024 - by Fiona Ng, Lucy Ouyang, Ashleigh Sandrock, Jundie Wei
本稿では、米国の生命保険会社の進化する投資戦略に焦点を当て、特にプライベートクレジットやストラクチャード資産について調査します。また、最近の規制の進展や提案についても考察します。
Article
包括的なバランスシート・マネジメント・アプローチ:戦略的意思決定を支援する米国の生命保険会社のベストプラクティス
28 May 2024 - by Prannoy Chaudhury, Tony Dardis, Yan Fridman, Kristen Koon, Lucy Ouyang, Stuart Silverman
生命保険会社の幹部に対して行ったインタビューから、各社がどのようにイノベーションを取り入れ、プレッシャーに適応しているかが明らかになりました。
Article
A holistic approach to balance sheet management
28 May 2024 - by Prannoy Chaudhury, Tony Dardis, Yan Fridman, Kristen Koon, Lucy Ouyang, Stuart Silverman
Our recent interviews with life insurance executives reveal how companies are adopting innovations and adapting to pressures.
Article
Why life insurers are investing in private equity and real estate
16 May 2024 - by Valea Coyne, Lucy Ouyang, Erica Wilson
Milliman actuaries examine the benefits and risks as life insurance companies diversify into alternative asset classes.
Article
生命保険会社がプライベート・エクイティや不動産に投資する理由
16 May 2024 - by Valea Coyne, Lucy Ouyang, Erica Wilson
ミリマンのアクチュアリーが、生命保険会社がオルタナティブ資産区分に投資を広げるメリットとリスクについて調査します。
Article
生命保険業界におけるオルタナティブ資産
18 August 2023 - by Valea Coyne, Michelle Shen, Lucy Ouyang, Vidushi Bhatia, Yvonne Wang, Erica Wilson, Patrick Zhang, George Zumanu
本稿では、生命保険会社がその運用先をモーゲージ証券や債券以外にも多様化させる中で、検討すべき11のオルタナティブ資産区分について解説します。
Article
Profiles of alternative assets in the life insurance landscape
18 August 2023 - by Valea Coyne, Michelle Shen, Lucy Ouyang, Vidushi Bhatia, Yvonne Wang, Erica Wilson, Patrick Zhang, George Zumanu
As life insurers diversify their investments beyond mortgages and bonds, this paper provides a guide to 11 alternative asset classes they may wish to consider.