2016 Actuarial Science Outstanding Alumnus: Paul Schultz

B.S. Actuarial Science 1996
Chief Actuary, Blue Cross/Blue Shield of Vermont (BCBSVT)
A 1996 graduate with distinction of Purdue University's Actuarial Science program, Paul Schultz became a Member of the American Academy of Actuaries in 2000 and attained his Fellowship of the Society of Actuaries in 2001. Paul is currently chief Actuary for Blue Cross/Blue Shield of Vermont (BCBSVT), a non-profit health insurance company doing business in the nation's second-smallest state. As Chief Actuary, Paul is responsible for oversight of the actuarial and underwriting functions. He and his team of two credentialed actuaries and four actuarial students develop pricing, filings, forecasts, and reserves for all BCBSVT products, including Qualified Health Plans, large group and Medicare Supplement programs. As lead actuary for rate filings, Paul manages relationships with reviewing actuaries and gives testimony at related hearings before the State review board. He serves on internal committees that develop the strategic growth, product, delivery system transformation, and enterprise risk management strategies for the company.
Paul is the recipient of the 2016 Purdue University Department of Actuarial Science Outstanding Alumni Award.
October 2016