Aldo Balestreri

I worked in insurance for 11 years before making the jump to consulting with Milliman. In insurance you know at the beginning of the year more or less what you are going to be doing for the rest of the year. In consulting you're constantly changing your priorities based on your clients. This is the most important difference: You have to be flexible. And I like that.

Our Milan practice is three times as big as it was when I started in 2004. We're growing every year and the Milliman name is becoming much more prominent in Italy.

Seventy to 80 percent of my work is related to Solvency II. Even in jobs that are not directly linked to Solvency II, we still have to take it into account. It's a huge change in the industry and it's providing a lot of opportunity for Milliman.

At Milliman you are free to experiment with new ideas, and run your business independently—in fact, you are encouraged to do that. This is a very important and unusual feature of Milliman as a company and this is one of the things that I like the most. At the same time, you know that you have a structure behind you that can give you strong support and also help you avoid making mistakes, because there is a strong risk management structure behind everything we do.

When we interview potential candidates, we look for a good personality fit. How well does this person get along with others? And are they willing to learn on the job? About 80 percent of what new graduates need to know will be learned once they’re hired. But they don't have to do it alone. We're looking for people with open minds who are willing to learn new things all the time.

Maybe the most important part of my job is to stay one step ahead, to know all the latest regulations and the newest techniques. That's why our clients hire us.

I named my sailboat after a Police song: Roxanne. Ever since I was a child I wanted to learn how to sail and about 10 years ago I finally did. Between April and November I spend almost every weekend sailing. I keep my boat near Venice and sail on the Adriatic Sea with my family and friends. My colleagues and I believe it’s very important to maintain a balance between work time and family time.

When I was a student I hoped I might be an independent consultant one day. But now that I am at Milliman, I think it’s even better. Now I work as if I am an independent consultant but I still get to be a part of a powerful firm.