FCA MAAA FSA EA
Senior Consultant, Gabriel, Roeder, Smith & Company
Brian Murphy is a Senior Consultant with GRS. He has more than 35 years of public sector actuarial and consulting experience. Brian served as GRS’ President from 2004 through 2014. He continues to serve on GRS’ executive management team.
Brian’s consulting experience with statewide pension plans includes systems in Arizona, Arkansas, Colorado, Illinois, Iowa, Maryland, Mississippi, Missouri, Ohio, Tennessee, and Wisconsin. His local government experience covers plans in Florida, Michigan, and Virginia. Brian is located in GRS’ Southfield, Michigan office.
Brian is a nationally recognized actuary in the public sector pension industry. His extensive experience in public employee benefits covers plans from the smallest to the largest, all major employee groups (general employees, teachers, public safety employees, and judges), and plan structures (single employer plans, agent multiple employer plans, and cost sharing multiple employer plans). In addition to annual valuation services, his defined benefit and hybrid expertise includes funding policy development, legislative testimony, experience studies, actuarial audits, advising plans with statutory contribution limits, plan redesign, projection work, and retiree health care funding solutions. Brian has been a key visionary and primary contributor to the development of GRS’ actuarial software, which includes GRS’ in-house valuation system and client specific applications for projection work, option factor calculations, and purchased service credit.
- Fellow, Conference of Consulting Actuaries
- Fellow, Society of Actuaries
- Enrolled Actuary
- Member, American Academy of Actuaries
Presentations and Publications
Brian is a frequent speaker at various national meetings of public sector and other employee benefit associations. Brian has authored and co-authored many articles related to public pension issues during his career. The Government Finance Officers Association (GFOA), and the IFEBP have published his articles. In addition, he routinely conducts education and information-sharing sessions for trustees and administrative staff on public pension actuarial and plan design issues.
Education: Ph.D., Mathematics, Wayne State University, Detroit, Michigan