Paul Correia
Paul Correia is a principal and consulting actuary with the Portland, Maine, Health Practice of Milliman. Paul specializes in pricing, valuation, risk analysis, and underwriting for paid family and medical leave (PFML), disability, and group life insurance products sold in the U.S.
Experience
Paul has extensive experience in disability, group life, and PFML insurance, and he has worked either directly or indirectly with most states that have approved paid leave legislation. Paul’s experience in PFML includes pricing, underwriting, risk modeling, experience analysis, solvency analysis, valuation, and appraisals.
Paul’s clients include U.S. states, insurance companies, employers, union groups, advocacy groups, and other organizations.
Since 2018, Paul has served as the appointed actuary for Employers’ Protective Insurance Company, a subsidiary of Hawaii Employers’ Mutual Insurance Company that sells temporary disability insurance. He also currently serves as appointed actuary for ShelterPoint Life Insurance Company, a company domiciled in New York that focuses on temporary disability and paid family leave insurance.
Paul oversees Milliman’s annual industry surveys on group disability insurance markets, products, and profitability.
Paul recently performed a research project for the Society of Actuaries (SOA) comparing PFML benefits in the U.S. to similar benefits in foreign countries. He has also performed projects for the SOA on credibility applications in group insurance, and on valuation methods for waiver of premium benefits. Paul is a regular speaker at industry meetings sponsored by the SOA and other actuarial organizations. Paul has published articles on PFML and disability insurance, and he has edited several chapters of the Group Insurance textbook.
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
- Chartered Enterprise Risk Analyst, Society of Actuaries
- BA – Mathematics, University of Vermont
- MA – Mathematics, University of Maine