
Ricardo Trachtman
FSA, MAAA
Consulting Actuary & Principal
Chicago, IL, US
Ricky Trachtman is a principal and consulting actuary in the Milliman Buffalo Grove office. He joined the firm in 2002. He primarily works with clients to help design and price a wide variety of annuity and life insurance products.
Experience
Ricky has experience in the life insurance industry, with a focus in the area of product development. He has assisted in the development of a wide range of life and annuity products. His recent projects include the following:
- Pricing RILAs major competitors in that space with and without GLWBs
- Modeling RILAs under statutory and GAAP accounting for various purposes, including valuation and financial planning
- Pricing and extensive product development for fixed-index annuities including the development of new features to help differentiate products in that space, guaranteed living benefit riders, long-term care enhancement riders, guaranteed death benefit riders, innovative crediting strategies, crediting, and premium bonuses.
- Modeling FIAs under GAAP and Statutory accounting for various purposes, such as financial planning, deterministic and stochastic pricing, appraisals, and valuation
- Pricing and modelling variable annuities with guaranteed living benefit riders, death benefit riders, and accumulation benefit riders
- Developing tools to help visualize and improve understanding of pricing results under deterministic and stochastic environments
- Developing efficient financial and pricing projection models in various platforms, including Integrate®
Professional Designations
- Fellow of the Society of Actuaries
- Member of the American Academy of Actuaries
- Member of the Life Product Committee from the American Academy of Actuaries
- Member of the Annuity and Reserves & Capital subcommittee at the Academy working on VM-22
- Chair of the practice note working group for VM-22
Education
- Degree in Actuarial Science from Roosevelt University
Publications
Read their latest work
Article
変額年金以外の年金に対するPrinciple Based Reserving(VM-22)に関する最新情報
10 May 2024 - by Yan Fridman, Zi Xiang Low, Zohair Motiwalla, Ricardo Trachtman, Karthik Yadatore
「VM-22」として知られている、NAICが検討中の法定準備金に関する原則主義方式の準備金積立の枠組みの主な要素を見ていきます。
Article
Milliman Fixed Indexed Annuity and Multi-Year Guaranteed Annuity lapse experience study
29 February 2024 - by Yan Fridman, Ben Johnson, Ricardo Trachtman, Nathan Wilbanks, Karthik Yadatore
We conducted a survey of 13 Fixed Indexed Annuity (FIA) and Multi-Year Guaranteed Annuity (MYGA) writers on several aspects of dynamic adjustments to base lapse rates due to differences between their current and perceived market or competitor crediting rates.
Article
登録指数連動型年金の上限設定手法
31 January 2023 - by Fiona Ng, Jordan Rosenfeld, Ricardo Trachtman, Karthik Yadatore
RILA上限設定の手法のスイッチングを可能にしている場合に対し、上限設定手法を長年固定している保険会社の長期的影響について調査します。