Deep Patel
FSA, MAAA
Equity Principal
Chicago, IL, US
Deep is a principal and consulting actuary with Milliman's Financial Risk Management practice in Chicago.
Experience
Deep has extensive experience with product design and development of equity-based guarantee products. He has extensive experience in developing hedging strategies for a range of U.S., Canadian, and multinational insurance companies. He has also managed the operations of hedge programs of several large life insurers and re-insurers. Deep has advised many companies on issues related to regulatory and economic capital.
Prior to joining Milliman, Deep worked for an actuarial software developer, advising companies on advanced modeling issues. These models included risk-based capital models, nested stochastic models, and modeling of complex derivative products.
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- Bachelors of Mathematics (With Honors) in Actuarial Science, University of Waterloo, Waterloo, Ontario
Publications
Read their latest work
Article
Hedging and the need for speed
21 June 2012 - by Deep Patel, Jim Brackett, Sam Nandi
GPU computing can speed hedging calculations and deliver more robust data sets that allow for better management of financial risks.
Article
Sustainable manufacturing of variable annuities
01 March 2010 - by Ken Mungan, Deep Patel
A new approach to the creation and management of VAs is needed.