Jakob Finney
ASA
Associate Actuary
Seattle, WA, US
Jakob Finney is one of Milliman’s core staff in the areas of employer stop loss and excess reinsurance. He joined Milliman in 2020.
Experience
Jakob manages Milliman’s Excess Suite of Tools, including:
- Stop Loss Quote Wizard (QWiz) model — a rating model based on Milliman’s Stop Loss Manual
- Excess Pricing Tool (ExPrT) — a flexible but consistent basis for estimating claim costs for a wide variety of health reinsurance coverages
- Emerging Stop Loss Trends — quarterly insights on emerging leveraged trends for employer stop loss
Jakob is involved with employer stop loss and level-funded consulting for carriers, MGUs, and captive managers, covering product development, actuarial functions, and underwriting support. He conducts feasibility, pricing, and reserving analyses for captive insurers with medical stop loss. He also provides actuarial due diligence support for mergers & acquisitions relating to employer stop loss.
Professional Designations
- Associate, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BS, Mathematics, Washington State University
Publications
Read their latest work
Article
Independent review of ParetoHealth’s methodology for quantifying the financial impact of its captive insurance model
10 July 2025 - by Erin Birkeland, Jakob Finney, Austin Barrington
We reviewed ParetoHealth’s method for estimating cost savings for its captive programs, which offer medical stop-loss coverage and other advantages.
Article
Observations on the employer stop-loss market: 2024 survey
22 October 2024 - by Robert Bachler, Jakob Finney
High-cost pharmacy and gene therapies remain a top concern among stop-loss insurers, according to our 2024 survey of market participants.
Article
Observations on the employer stop-loss market: 2023 survey
02 November 2023 - by Robert Bachler, Hayley M. Rogers, Jakob Finney
We detail our survey of 31 employer stop-loss carriers, including their portfolio characteristics and underwriting results.