John Miller Honored with Prestigious Actuaries’ Award
Miller & Newberg Executive Receives 2011 Jacobson-Rugland Award.
10/17/11
OAK BROOK, IL – John R. Miller, FSA, MAAA, Consulting Actuary, Miller & Newberg, Inc., in Overland Park, Kansas, received the 2011 Jacobson-Rugland Award from the Actuaries Section of the American Fraternal Alliance. The award was presented at the 2011 Annual Meeting in Denver, Colorado.
Established by Luther College in Decorah, Iowa, in 1993, and presented annually by the Alliance’s Actuaries Section, the award honors an outstanding fraternal actuary for contributions to the actuarial profession and support of the fraternal benefit system. The award was named in honor of the late Reuben Jacobson (of the former Lutheran Brotherhood) and Walter Rugland (of the former Aid Association for Lutherans).
To receive the Jacobson-Rugland Award, an actuary must be or have been a member of a professional actuarial association, an employee or consultant to a fraternal benefit society, or a notable contributor to the actuarial and fraternal industries. Award winners are selected by a panel of officers from the Alliance’s Actuaries Section. Actuarial science is the mathematical foundation on which the insurance profession rests.
John Miller is a co-founder of Miller & Newberg, Inc., and has over 30 years experience as a consulting actuary. His experience includes life and annuity product development and he also serves as the Appointed Actuary and Illustration Actuary for several clients. He is well-versed in financial reporting, cash flow testing, corporate modeling and re-insurance.
Miller is a graduate of the University of Minnesota with a BS in mathematics. He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. Miller has served as president of the Kansas City Actuaries Club, and is a past president of the Alliance’s Actuaries Section. Currently, he is a member of the American Academy of Actuaries Valuation Law Manual Team.
Miller attended his first American Fraternal Alliance annual meeting in 1988 as a result of the encouragement of his first fraternal client, the Gleaner Life Insurance Society. Impressed with the fraternal mission and their desire to make a difference, he has continued to attend each year. He is a Gold sponsor and Associate member of the Alliance. He has been a participant and presenter at many section meetings including the Presidents, Secretaries, and Actuaries sections. Over the years, he has been able to serve several member societies in a variety of actuarial assignments. He enjoys the special relationships that have been built with his many fraternal friends and clients.
Miller is married to Linda, has three young adult children and makes his home in the Kansas City area. He loves to spend time at the lake with family and friends and enjoys all water activities. Currently serving as an Elder at his church, Miller serves on the finance committee and also enjoys hosting the young married group in his home.
About Miller & Newberg, Inc.
Miller & Newberg, Inc., provides actuarial consulting services to insurance organizations including several fraternal benefit societies. Our work with fraternal benefit societies began in 1984.
Miller & Newberg is a full-service actuarial firm, ready to help you with your risk management. We excel in each of the three distinct roles of the valuation actuary, financial actuary, and marketing actuary. As consultants, our focus is to advocate your interests while adhering to professional codes and standards of practice. We do so by first understanding the goals of your organization, and ultimately, by working closely with your management team to achieve those goals. For more information, visit www.miller-newberg.com.
About the American Fraternal Alliance
The American Fraternal Alliance, formed in 1886, unites 72 not-for-profit fraternal benefit societies operating in 50 states, the District of Columbia and Canada. Alliance member societies represent nearly 10.5 million individuals, making it one of America’s largest member-volunteer networks. Each year members of fraternal benefit societies invest more than 92.5 million hours in community works and contribute more than $414 million to charitable programs supporting community service projects. Fraternal benefit societies provide financial services, including life insurance and annuities, as well as a variety of other benefits such as scholarships, educational programs, vocational opportunities, and group discount programs to members.