New Chief Actuary named at Reliance Mutual

Reliance Mutual Insurance Society Limited (Reliance Mutual) has today announced the appointment of Cameron Mills as Chief Actuary. He will join the company on 1 September and succeed Tim Birse as Chief Actuary on 17 October.

Since January 2009, Mills has been Interim Chief Actuary at Baroda L&G Life Insurance Co Ltd, as one of three ‘thought leaders’ helping support Legal & General in their joint start-up in Mumbai.

Starting his career in financial services in 1984 with Standard Life as a Trainee Actuary, he has held a number of senior posts culminating as Managing Director, Group Risk and Compliance from 2003 - 2005. Following 21 years at Standard Life, Mills was Chief Executive of Zapit Ltd, a company in the mobile phones sector, before becoming Head of Risk at Resolution Life from 2006 – 2008.

Tim Birse will be relinquishing his role as Chief Actuary at Reliance Mutual after over 9 years in the post and 21 years with Reliance Mutual but he will continue to support the company on a part time basis to help progress various projects.

Commenting on the appointment, Mark Goodale, Reliance Mutual’s Chief Executive said, “Cameron with his vast experience will be an extremely valuable member of our senior management team as our industry enters a new post ‘credit crunch’ era and all the challenges and opportunities that may bring. As a business Reliance Mutual is well positioned going forward with a very strong and talented management team in place.”

Last Edited: September 22, 2009