Nickolas Alvarado
About Nickolas Alvarado
Nickolas Alvarado is an actuary with a Bachelor of Science in Mathematics from UC Irvine. He specializes in ratemaking and product development for insurtechs and has extensive experience in telematics for both commercial and personal auto sectors.
Work at Milliman
Nickolas Alvarado currently works at Milliman as an Actuary. He has been in this role since 2021, contributing to various actuarial projects in the United States. Previously, he served as an Associate Actuary at Milliman from 2019 to 2021 in Irvine, California. His expertise includes ratemaking and product development, particularly for insurtechs and emerging risks in commercial and personal auto, homeowners, and other commercial lines.
Education and Expertise
Nickolas Alvarado studied Mathematics at the University of California, Irvine, where he earned a Bachelor of Science degree from 2013 to 2015. He also attended Saddleback College, focusing on Mathematics and Computer Science, as well as Accounting, achieving a GPA of 3.75 from 2007 to 2015. His educational background supports his specialization in actuarial science, particularly in areas such as ratemaking and product development.
Background
Nickolas Alvarado has a diverse professional background that includes various roles in the actuarial field. He worked as an Actuarial Analyst I and II at AAA Auto Club South from 2017 to 2019, where he conducted market and competitive analysis across multiple lines of business. He also held a position as a Technical Account Manager at Yardi from 2015 to 2016, and he has experience as a Team Leader at Target from 2007 to 2014.
Achievements
Throughout his career, Nickolas Alvarado has developed support for and filed rates and rules across various states in the U.S. He has extensive experience with telematics usage in both commercial and personal auto sectors. Additionally, he is responsible for building and reviewing models such as Generalized Linear Models (GLMs), Generalized Additive Models (GAMs), Generalized Boosted Models (GBMs), and tree-based models for internal and external use. He also presents high-quality reports and analyses to clients and stakeholders.