Scott Steadman is a Consulting Actuary who consults primarily with multiemployer defined benefit pension plans. He has extensive experience across a wide range of plans and industries and assists with completing actuarial valuations, estimating withdrawal liability, developing Rehabilitation Plans and Funding Improvement Plans, and developing and implementing new plan designs, including variable annuity plans. He has spoken at industry conferences on multiemployer plan topics, including variable annuity designs and withdrawal liability, and is a member of the Multiemployer Plans Committee of the American Academy of Actuaries.
Before becoming an actuary, Scott practiced law for five years, first as a member of the Employee Benefits practice at Kirkland & Ellis, LLP, where he performed due diligence on health, welfare, and retirement plans, and then as a trial lawyer at Pfaff, Gill & Ports, Ltd., where he represented plaintiffs in product liability, personal injury, and medical malpractice matters.
Scott graduated from Georgetown University with a Bachelor of Science in Mathematics and Government and earned his Juris Doctor from Washington University in St. Louis. He is a Fellow of the Society of Actuaries, an Enrolled Actuary under ERISA, a Member of the American Academy of Actuaries, and a Fellow of the Conference of Consulting Actuaries.
Scott is currently an inactive status member of the Illinois bar. Any advice that he offers is in his capacity as an actuary only and should not be deemed to be legal advice.