New chief at Buck Consultants analyzes risks to companies' future finances
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Dean Aloise is the new head of Buck Consultants' Pittsburgh office.
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Dean Aloise says it's easy for his parents to tell people what his older brother is up to these days: Allen Aloise, 34, is director of laboratories at Harvard University's Department of Chemistry and Chemical Biology.
Explaining Dean's career is tougher.
"No one can understand what an actuary is," said Dean Aloise, 32, who describes his profession as "understanding complicated financial future risks."
Not only does an actuary analyze complex financial figures for businesses and project how those numbers could be impacted by future unknown losses -- such as a hurricane or economic crash -- an actuary needs to translate the data into information that a client can comprehend.
- Job: Principal, Pittsburgh market leader, Buck Consultants
- Age: 32
- Hometown: Bethel Park; resides in Peters
- Education: Bachelor of science, actuarial science, Penn State University's Schreyer Honors College, 2000
- Career: 2000-08: principal and retirement operations leader, Mercer; 2008-2010: retirement practice leader, Buck Consultants; September 2010-present: principal, Pittsburgh market leader, Buck Consultants.
"It's a technical field," he acknowledged, "but once you get the credentials, you have to put an interpersonal skill set around that and present well, relate well and be accepted among the executive level of corporate clients."
Apparently Mr. Aloise can both crunch the numbers and handle the client relationships of the actuarial profession. In September, he was named to lead the Pittsburgh office of Buck Consultants, a benefits advisory firm.
Buck, based in New York, would not disclose whether Mr. Aloise is the youngest market leader among its approximately 80 offices worldwide, saying information about employees' ages was private.
First Published January 28, 2011 12:00 am
