Women to Watch: Joy A. Schwartzman

Joy A. Schwartzman

Principal and Consulting Actuary

Milliman Inc.

New York

Age: 50

Joy A. Schwartzman joined Milliman in 1988 after working since the late 1970s as an actuary for American International Group Inc. At Milliman, she consults to insurers, reinsurers, banks and regulatory agencies on issues such as company valuation, adequacy of loss reserves and business profitability. Her actuarial work has been used in nearly 100 due diligence assignments, including ACE Ltd.'s purchase of CIGNA Corp.'s property/casualty business. Ms. Schwartzman also helped develop loss reserves as part of the Peoples Insurance Co. of China initial public offering in 2003, which was the first Chinese property/casualty insurance company to go public.

Greatest influence: "I was fortunate that I took a job earlier in my career at AIG. I was surrounded by many people from whom I learned so much, including Robert Sandler, who was the chief actuary at the time, Brian Duperreault...and being exposed to Mr. Greenberg and his brilliance and his great insights, I learned so much from them."