(BOSTON, MA, January 2009) – Spring Consulting Group, LLC, which provides strategic consulting services to insurance, financial services and health care organizations, announced that Steven Keshner, FSA, MAAA has joined their team as the Chief Actuary. Steven has over 25 years of actuarial, financial, underwriting and strategic insurance experience. He provides leadership to Spring’s actuarial team and brings a wealth of knowledge and experience in the pricing and financial arenas of life and health insurance.

“We are excited to have an industry leader with Steven’s reputation join our firm,” said Karin Landry, Spring’s managing partner. “His depth of experience will add greatly to our capabilities and help to drive growth.” Prior to joining Spring, Steven was the Senior Vice President, CFO and Chief Actuary of Nippon Life Benefits in New York, a subsidiary of Nippon Life Insurance Company, a global mutual life insurer. At Nippon, he directed and built the actuarial and underwriting functions including pricing, product development, and valuation by building a staff of accomplished professionals utilizing best business practices and state-of-the-art technology.

Steven also led the development and implementation of numerous strategic initiatives including building alternative distribution utilizing third party administrators and re-sourcing insurance services to gain cost efficiencies and access to a broad scope of products.

As Appointed Actuary, Steven assured reserves and other actuarial financial statement items were adequate. He also spearheaded product initiatives focused on improving rate competitiveness including tighter medical plan designs and product language, consumer driven health plans, and value added benefits such as low cost, minimally underwritten LTD plans. Steven earned a B.S. in accounting from the State University of New York at Binghamton. He is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries. Steven is also qualified as an Appointed Actuary, which allows him to sign off on reserves.