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Mike Greschner  FCIA, FSA

Partner

Experience

Mike has worked in the health benefits field for over 15 years. He advises a diverse group of clients including public and private sector organizations and multi-employer trusteed plans varying in size from small upstarts to large public entities and international corporations.

With experience in the design, marketing, implementation and communication of comprehensive group insurance programs, Mike is skilled with both traditional and flexible benefit plan designs, including pricing complex arrangements and negotiating plan terms and costs with insurers.

In addition, Mike has extensive experience in the valuation of liabilities associated with non-pension post-retirement benefits and post-employment benefits, including long term disability programs, waiver of premium provisions, sick leave and severance benefits. He also assists clients with issues relating to funding and accounting for these plans.

To set a strategic framework for trustees and plan managers related to ongoing plan operations, Mike assists clients in creating governance and funding policies. He has conducted many long-term forecasts for clients to stress test their policies and practices relative to current contribution rates and/or plan assets.

Previously, Mike held the role of Chief Actuary at a large international human resource consulting firm, overseeing the strategic direction of the actuarial services for the health business. Prior to that, he worked in positions of increasing responsibility which included managing teams of analysts and consultants and ensuring first rate service to clients.

Qualifications & Education

A Fellow of the Canadian Institute of Actuaries and the Society of Actuaries, Mike also holds insurance licenses in British Columbia, Alberta and Saskatchewan.

As a Vice Chair of the Society of Actuaries’ Education Committee, Mike is responsible for helping set the direction of educating future actuaries.

He graduated from the University of British Columbia in 2002 with a Bachelor of Science majoring in Statistics.