Eamonn Phelan

Eamonn’s expertise includes enterprise risk management, asset-liability management, mergers and acquisitions, portfolio transfers & restructuring (including acting as Independent Expert), Solvency II, new licence applications, financial reporting, pre-emptive recovery planning, operational risk management, operational resilience, product development and pricing, assessment of risk mitigation strategies (including hedging and reinsurance), independent review, inforce book management, and development of risk and actuarial models and reporting systems.

Eamonn has discharged the roles of Head of Actuarial Function and Chief Risk Officer (both on an outsourced and secondment basis) for a number of firms (ranging from High to Low PRISM impact) since the introduction of Solvency II. He has also acted both as an appointed actuary and a life reinsurance signing actuary.

Prior to joining Milliman in 2007, Eamonn held a number of industry roles with both domestic and cross-border insurers.

Eamonn has authored a number of papers, briefing notes and articles on risk and actuarial matters, and has presented widely on these topics. He also chaired the industry-wide Insurance Ireland CRO Forum for a number of years.

Eamonn is actively involved in the Society of Actuaries in Ireland and is currently a member of its Life Committee. He is also a former member and chair of its Enterprise Risk Management Committee and has been involved as a member of various working parties of both the Society of Actuaries in Ireland and the Institute and Faculty of Actuaries (covering topics, including risk appetite, hedging the risk-free rate under Solvency II, and policyholder behaviour in extreme conditions). He is currently co-chair of the Society’s Life Head of Actuarial Function Forum.