MSU's Actuarial Science Program names new director

MSU's Actuarial Science Program names new director

R. Kevin Clinton is the new director of Michigan State University’s Actuarial Science Program. Clinton assumed his new role on Aug. 16.

Clinton has more than 35 years of financial and insurance industry experience. Most recently, he was the state’s 45th treasurer, serving from 2013 until April of 2015. Prior to that he served as the director of the state Department of Insurance and Financial Services, overseeing the new department responsible for regulating Michigan’s financial industries.

In the private sector, Clinton was president of MEEMIC Insurance Company and was the chief financial officer at ProNational Insurance Company. In 2001, he joined American Physicians Capital, Inc, serving as the company’s vice president and chief operating office before becoming its president and CEO.  Clinton earned a bachelor’s in business administration and a master’s degree in actuarial science from the University of Michigan.

Clinton said that he is eager to get started with his new assignment.

“I look forward to working with the faculty and staff to make MSU the premier actuarial science program in the country,” he said.

After its success as a specialization, MSU began offering a bachelor’s degree in Actuarial Science in 2012, with the first cohort of students graduating in 2013. The program is offered jointly by the Department of Mathematics and the Department of Statistics and Probability, which are housed in the MSU College of Natural Science (NatSci).  

"Our actuarial science program, and the actuarial field itself, are experiencing tremendous growth,” said Keith Promislow, MSU Department of Mathematics chair. “It is essential that our program have leadership that understands the opportunities within the actuarial field in the state of Michigan and beyond. Kevin Clinton's experience gives him connections to almost every company in the Michigan insurance industry, his shift from State Treasurer to Actuarial Science Program Director is one from growing the insurance industry to nurturing the students who will be employed by the insurance industry."

“Kevin Clinton has had a distinguished career in the financial and insurance industry, serving in both the private and public sectors,” said R. James Kirkpatrick, NatSci dean. “It’s the kind of practical industry expertise that will help him lead the actuarial program to its goals. We are pleased to welcome him to MSU and the College of Natural Science.”

Clinton succeeds Emiliano Valdez, who was the first director of the program. Albert Cohen remains as the assistant program director and its academic director.