Sherry S. Chan, head of the city’s Office of the Actuary, has won the Young Consulting Actuary High Achievement Award.
Ms. Chan, who has been Chief Actuary since 2015, will be presented with the Geoffrey Heywood Award, which is given by the International Association of Consulting Actuaries to a consulting actuary under the age of 40 who has made significant contributions to the public.
The award will be presented to Ms. Chan June 6 in Berlin, Germany.
Oversaw Ohio Systems
She has worked as an actuary in the public sector for 10 years, serving as the Chief Actuarial Officer for the Ohio Public Employees Retirement System and as Chief Actuary for the State Teachers Retirement System of Ohio. Taking over as Chief Actuary for the fourth largest pension and retirement system in the country was “everything that I thought it would be times 10,” Ms. Chan said in a phone interview.
“I’m super-proud to be able to use my actuarial skills to serve the public servants of New York,” she said, adding that she was honored and surprised to be chosen for an award that has an applicant pool that spans the globe.
Ms. Chan plans to donate her $500 Canadian dollar prize to the Actuarial Science program at her alma mater, Ohio State University.
Though being an actuary isn’t considered glamorous, Ms. Chan said she appreciated being recognized for doing a job that helps 750,000 active and retired members, including Police Officers and Firefighters, be able to eat and pay their bills.
“It’s up to us to take care of people like them,” she said.
We depend on the support of readers like you to help keep our publication strong and independent. Join us.