Chris Beck

Chris Beck

Executive Risk Consultant, Milliman

Chris leads Milliman’s Complex Risk Solutions (CRS) practice group.  The practice offers clients innovative solutions for quantifying complex risks, including cyber, vendor, conduct and operational risk. CRS uses causal modeling approach that solves for the shortcomings of frequency severity modeling and the limitations of historical loss data. The solution can also be applied to cyber underwriting, accumulation risk and non-affirmative (i.e., silent cyber) risk. Lastly, CRS integrates artificial intelligence and machine learning (AI/ML) to construct sentiment analysis, distinguishing “signal” from noise in order to provide clients with an emerging threat framework.

  • Financial Services operating model and cost reduction
  • Regulatory remediation and responses
  • Legal department risk and optimization
  • Modernizing communications functions
  • Leading large cross functional projects and teams

Education

  • BS Political Science, University of Wisconsin–Madison
  • MBA, University of Chicago – Booth School of Business

Chris has over 18 years of professional risk experience.  His experience includes work in the banking, insurance, capital markets and card sectors helping clients assess and mitigate risk. Prior to joining Milliman, Chris was a Senior Manager in Accenture’s Finance and Risk Management Consulting practice, delivering work for global financial service clients.   Additionally, Chris served as an active duty Naval Officer and has multiple overseas deployments.

Professional experience and subject matter advisory includes:

  • Cyber Security metrics and governance
  • Financial Service Regulatory and Compliance initiatives
  • Risk Management program enhancement
  • Corporate and Risk Governance
  • Surveillance

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