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Patrick Meghen

BAFS FSAI CERA QFA
Principal & Consulting Actuary
Dublin, IE

Patrick Meghen is a principal in Milliman's Dublin office. Patrick joined the Dublin practice in 2010.

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Experience

Patrick has experience across a wide range of (re)insurance issues and projects. He has worked on business portfolios, including unit-linked, non-linked, and variable annuity in both the domestic and cross-border markets.

Patrick has experience fulfilling the Head of Actuarial Function (HoAF/PCF48) role. He has also performed the role of Head of Group Reporting for a large international reinsurance group.

His expertise includes valuation and financial reporting, Solvency II, IFRS 17, M&A, risk management, and other consulting work. Patrick also has experience with software development, working on a number of our compliance and risk tools.

Publications

Read their latest work

Article

Operational excellence and process optimisation techniques: Case studies

18 April 2024 - by Patrick Meghen, Alan McDonagh
We present five case studies that illustrate techniques used to help clients improve their processes as they adjust to high inflation and new regulations.
Article

Process improvements & efficiencies: Getting more with less

11 March 2024 - by Patrick Meghen, Ankur Jain, Eoin King
For insurance companies, the global pandemic and new requirements have diverted resources and attention, but it is crucial to refocus on process improvements.
Article

Solvency II reporting: Year-end 2021 and beyond

19 January 2022 - by Pauric Mullan, Patrick Meghen
A briefing note detailing Solvency II reporting deadlines in 2022 and the changes in the reporting framework relative to the previous year.
Article

Cross-industry guidance on outsourcing

27 May 2021 - by Patrick Meghen, James Johnston
In this briefing note we discuss some of the main items for firms to consider in this proposed guidance.
Article

Milliman Risk Webinar: 18 November 2020

17 November 2020 - by Patrick Meghen, Eoin King, Eamonn Phelan
Patrick Meghen provides an update on changes in Solvency II-related requirements, Eoin King discusses the latest on ORSA, and Eamonn Phelan presents recent Milliman thought leadership on the design, calibration and reporting of effective key risk indicators.
Article

Solvency II Compliance Assessment Tool User Seminar

12 December 2019 - by Patrick Meghen, Ellen Matthews
The full slide deck from the Solvency II Compliance Assessment Tool User Seminar on 26th November 2019.
Article

Milliman Isle of Man Breakfast Briefing 14 November 2019

12 November 2019 - by Mike Claffey, Rob Frize, Patrick Meghen
This briefing discusses Irish SFCRs in 2017 and 2018 and ORSA processes and outcomes.
Article

Defining “critical or important functions or activities” when outsourcing

12 September 2019 - by Patrick Meghen
With the recent increase in regulatory focus on outsourcing, (re)insurers need to ensure that their system of governance, risk management and monitoring of outsourcing arrangements all satisfy the expectations of the regulator.
Article

Solvency II Delegated Regulations 2018 Interim Review

23 July 2019 - by Patrick Meghen
The amendments to the Solvency II Delegated Regulations resulting from the 2018 interim review have now been published in the Official Journal of the EU.
Article

Milliman Breakfast Briefing: 19 June 2019

17 June 2019 - by Sinéad Clarke, Eoin King, Patrick Meghen
This breakfast briefing covers a review of Solvency II 2020, a focus on outsourcing and insurer investment strategies in Ireland and Europe.