Michael J. Strome

FSA, EA, FCA, MAAA

SENIOR ACTUARY & CONSULTANT

Michael Strome is a very experienced, senior consulting actuary who brings extensive multiemployer experience to the clients of S3 Consultants, LLC. Michael has worked closely with Taft-Hartley boards on numerous projects, and on many different multiemployer retirement plan designs, including cash balance designs, variable annuity designs, and traditional designs of all stripes. Michael has performed numerous second opinions and actuarial reviews, and among his many talents, is an expert at evaluating estimates and constructing long-term funding projections. As such, Michael has helped numerous multiemployer plan sponsors navigate difficult and complex issues with respect to their Plans.

Michael has over 25 years of consulting experience working for both large and small consulting firms. After starring his career with PwC, he has held senior consulting positions at Watkins Ross, Aon Hewitt, and Buck Consultants. In addition to starting his own consulting firm several years ago, Strome Actuarial Services, LLC, Michael adds significant senior actuarial and consulting depth to the S3 Consutants, LLC team.

Michael’s breadth of experience with both single employer and multi-employer plans brings diverse experience to help his multiemployer clients with complex plan design and risk management issues affecting all types of defined benefit arrangements.

Michael is a Fellow of the Society of Actuaries, an Enrolled Actuary under ERISA, a Member of the American Academy of Actuaries and a Fellow of the Conference of Consulting Actuaries.

eMILY kING

ASA, MAAA, FCA

ACTUARY & CONSULTANT

Emily King is an experienced actuary with single employer and multiemployer pension funds. Emily has served as project manager for a wide variety of multiemployer clients, preparing actuarial valuations, complex data analysis, long term funding projections, and many other very complex multiemployer actuarial projects. Emily is very experienced with multiemployer designs of all kinds, including cash balance, variable annuity, and traditional designs, including lump sum plans. Emily is especially expert at preparing the software that S3 Consultants provides to it's clients to themselves model future funding scenarios on the fly: the IPM System Interactive Projection Model. Emily has also vast personal experience performing detailed longitudinal experience studies, benefits benchmarking, and a variety of other special projects. In addition, she is experienced in performing regular valuation work, administration, and plan design projects. Emily is an expert at the latest in actuarial computer technology, including extensive and deep expertise with the ProVal Valuation System, and the most advanced capabilities of Microsoft Excel.

Previously a consultant for Aon Hewitt in Southfield Michigan and Boston, Massachusetts, Emily received a B.A. in mathematics from Grinnell College. She is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries, and a Fellow of the Conference of Consulting Actuaries.