Russell is a Principal in Milliman’s London office and has been with Milliman since July 2010.
He has had significant involvement in the development of Milliman’s retirement and fund services propositions for the UK market. He has led the production of a number of Milliman white papers, contributed to industry consultations, and supported clients in assessing existing retirement products and designing new ones.
Principal and Director of European Trading
Neil is a Principal and Director of European Trading for Milliman, where he leads the London team for their global hedging platform, the Milliman Financial Risk Management group.
His team is responsible for the management of European exposures for Milliman’s global hedging clients, which are primarily portfolios of insurance guarantees or risk-managed investment funds. This includes ongoing monitoring of client risk, and executing derivative trades in a wide range of equity, bond, currency and interest rate markets to rebalance hedge positions.
He has an insurance actuary background, and has a wealth of experience in designing, implementing and managing derivatives-based hedging strategies for insurance companies. In particular, Neil is a leading expert on retirement income guarantees for multi-asset unit-linked funds, and more broadly managing financial risk for those in retirement decumulation. He has been actively involved in a designing a number of retirement income products for some leading UK institutions in recent years, and regularly contributes industry thought leadership on the topic of retirement decumulation.