Lamia Amouch

Where did you study?

I studied actuarial science at the Institut de Statistiques de l’université Pierre et Marie Curie (ISUP) in Paris.

Where did you grow up?

I grew up in a place called Val Fourré in a little town named Mantes-la-Jolie, which is close to Paris.

What do you like to do away from the office?

I like reading, going to the theatre (musicals in London!) and the cinema, walking, spending time with my friends and family, and I love travelling.

When did you decide you wanted to be an actuary?

When I was 19 years old, I was studying mainly mathematics and physics. I really liked mathematics, so I decided to find a job where mathematics had a concrete application. One of my teachers told me about actuarial science. I passed the exams to enter an actuarial school (ISUP) and now here I am working as a consulting actuary at Milliman.

What is your title and what area(s) do you focus on?

I am a GI consulting actuary. GI means general insurance or non-life insurance (as opposed to life insurance). I work mainly on Solvency II projects. Solvency II greatly increases firms’ workloads and demands a higher level of sophistication in calculations for capital requirements. I had the chance to start working as an actuary in 2006 when Solvency II started requiring more work from companies. As consulting actuaries, we help them as they face these new challenges. I have been involved in many interesting projects, first in France and then in the United Kingdom. I also work on other types of projects such as reserve reviews and mergers and acquisitions.

Why did you decide to come to Milliman?

When Milliman opened its office in Paris, I was attracted by the fact that Milliman is a pure actuarial consulting firm and I knew the practice leaders. The worldwide presence was also a good thing.

What do you like most about Milliman?

I like the diversity of the projects, the contact with the clients and the relationship based in trust we managed to build with them. I also like the challenges that come with each new project and helping building a relationship with new clients. Milliman is great place to fulfill all of that.

I worked in the Paris office from 2008 to 2012. Then I decided to move to London for personal reasons. My managers were very understanding. I first did a six-month secondment in the London office in 2011, which went very well. I then managed to move very quickly to the London office where I am now working. This is one of the good things about Milliman—it’s a worldwide company where people can move from one office to another. I never feel alone when facing a problem. There is always someone at Milliman—in the London office, Paris office or some of the other offices—who may have already worked on a similar issue. They are always happy to discuss these issues with me.

Furthermore, at Milliman, everything is done in such a way that young consultants can progress quickly and can quickly take on responsibilities. Thanks to my managers, I learned a lot during my first years in Milliman in Paris (both technically and in managing projects). And now, as a senior consultant, I am still learning a lot here in London as I think that we never stop learning. Milliman does not hesitate to trust its employees, even when they are young, and let them do important projects as well as interact directly with clients.

Milliman also does not hesitate to invest and to take risks to support innovative projects suggested by consultants, for example, launching a new software product.

What advice would you give to someone starting out at Milliman?

I would tell a new Milliman employee not to hesitate asking questions. Milliman employees are used to working as a team and will always be happy to answer any questions. I would tell him to be curious and open minded regarding the type and diversity of projects he would probably work on.