Milliman hires key Taft-Hartley consultants in response to growing defined contribution business
John Donohue and Tom Carrabine will focus on expanding Taft-Hartley plans across the U.S.
MINNEAPOLIS, July 18, 2016 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that it has hired two key Taft-Hartley consultants to its Employee Benefits practice, responding to increasing demand for Milliman's leading defined contribution solutions. John Donohue and Tom Carrabine will focus on bolstering the firm's expanding Taft-Hartley business across the United States, and their appointment further enhances Milliman's capabilities as a leader in the defined contribution market. Previously, both John and Tom were leading members of the Taft-Hartley team at John Hancock and before that New York Life, and were instrumental in helping grow that business to one of the largest in the U.S.
Gerald Erickson, Principal at Milliman, says, "John and Tom bring with them a tremendous amount of experience in the Taft-Hartley industry, including a reputation for excellence in client service and a deep understanding of the unique issues presented by defined contribution Taft-Hartley funds. Adding them to the team furthers our goal of being the leading Taft-Hartley provider in the United States."
Tom Carrabine says, "Milliman's reputation as an independent, objective firm allows for client-driven service and attention to detail that is hard to find in the multi-employer space. I look forward to serving the Taft-Hartley market as part of such a well-respected firm."
John Donohue adds, "Milliman is a premier player in the Taft-Hartley industry for defined benefit, health and welfare, and defined contribution services, with a strong commitment to the market. I'm excited to join the firm and look forward to helping make Milliman the foremost Taft-Hartley service provider in the country."
About Milliman
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit www.milliman.com.
SOURCE Milliman, Inc.
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