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Tim E. Hill, FSA, MAAA

Principal, Consulting Actuary
Chicago, IL, US

Tel: +1 312 7260677

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Professional Designations

  • Fellow, Society of Actuaries
  • Member, American Academy of Actuaries


  • Graduate of Grinnell College, Grinnell, Iowa

Current Responsibility

Tim is a principal and consulting actuary with Milliman’s Chicago office. He joined the firm in 1998.

He primarily works with clients to help design and price a wide variety of annuity and life insurance products. Recent projects include extensive work on variable annuity guarantees (death benefits, income benefits, withdrawal benefits, and account value guarantees), immediate variable annuities (including payout floors), variable life insurance, universal life with secondary guarantees, and survivorship life insurance.


Prior to joining Milliman, Tim worked at a major stock life insurance company for four years. His responsibilities included equity index annuity product development, cash-flow testing, corporate planning, valuation, and financial reporting.


  • Tim has been involved in the life insurance industry as an active member of American Academy of Actuaries task forces and is a frequent speaker at industry conferences.
  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman