Stuart Piltch

Stuart Piltch is the co-founder and managing director of Cambridge Advisory Group, an actuarial and benefits consulting firm based in Philadelphia. With over 40 Fortune 500 clients including American Express, PepsiCo, US Airways, Motorola, Anheuser-Busch, and several federal and state regulatory agencies including the US Department of Justice, US Department of Labor as well as several state Insurance Departments and Attorney Generals, Cambridge is the company that big business and government turn to for their compensation and benefits needs.

A graduate of Hobart College, Piltch spent time working for the government, union organizations and Met Life before founding the firm.

In addition to his continual philanthropy, Piltch serves on the Board of Trustees for Hobart and William Smith Colleges, the Marine Military Academy and the American Foundation for the Blind.

Managing Director
Cambridge Advisory Group, Inc. Eagleville, PA 1999-Current

Completed work product includes examination of the design, risk, liabilities, funding, regulatory status, vendor sourcing and administrative practices of qualified and non-qualified plans. Expert witness services have been provided to both private and governmental entities on such matters as fraud, damages realized through price fixing, appropriate actuarial practices and protocols, fiduciary responsibilities of both plan and third party administrators as well as claim practices and related reserving issues, including the following:

• Testified Fall of 2004 through Spring of 2005 on behalf of Florida Plan Holdings, LLC in case involving HIP vs Florida Plan Holdings, LLC, Fort Lauderdale, Florida. (Verdict in favor of Florida Plan Holdings.
• Involved with the US Department of Justice regarding their investigation of the New Orleans Public Schools.

Additionally testified and/or deposed in the following cases, each of which resulted in settlement in favor of the client:

• Milwaukee County vs. Mercer, Inc. on behalf of Milwaukee County.
• Select Medical vs. America’s Choice Healthplan on behalf of Select Medical, Inc.
• Healthcare Network of New York vs. HIP of NY on behalf of Healthcare Network of New York.
• Pennsylvania State Employee’s Retirement System (SERS) vs. Cigna.

Chief Operating Officer
HealthNow, Buffalo, NY
1997-1999

Responsible for a wide array of customer, financial, regulatory and operational functions for a $1 billion health insurer. Also established a new corporate division for the company’s first ever service area expansion. Hired and trained a team of 35 new employees to manage the expansion. Developed and implemented strategies for network development, medical management, sales, service, administration and underwriting Successfully brought in over 40,000 new members in the division’s first year. Principal

Buck Consultants, Berwyn, PA
1995-1997

Responsible for business development and project management of consulting assignments across the breadth of Buck's business. Provided technical content for projects in areas of health and disability benefits, executive compensation, salary administration, productivity-based incentives and sales compensation.

Regional Director for Group Insurance and Pensions Division
MetLife, Philadelphia, PA
1985-1995

Held a series of both internally and externally focused positions. As Regional Director, was responsible for the overall management of several regions of the company’s Large Group Division. This division serviced employers and Taft-Hartley Funds with 200+ benefit plan participants. Each region totaled over 125 accounts with annual consideration in excess of $600 million. Responsible for the hiring and training of staff as well as sales, service, administration, pricing and profitability of the business. Each year, the region exceeded corporate objectives for sales, persistency, customer satisfaction and profitability.

Assistant to the President
AFL-CIO, Food and Beverage Trades Department
1982

Participated in coordinated organizing and bargaining issues for fifteen International Unions covering over 7 million members in the service economy. Particular emphasis on health and welfare benefits, disability and discrimination matters.

Analyst – United States Government
1979-1980, 1982-1985
Central Intelligence Agency

Performed quantitative and qualitative analytics on a host of risk management matters. Heavy emphasis on Game Theory and predictive modeling.

Education
Hobart College, graduated with high honors in history and American studies, G.P.A. 3.5. June 1982.

Membership/Appointments
Board of Trustees, Hobart and William Smith Colleges, 2007
Board of Trustees, Marine Military Academy, 2008
Board of Trustees, American Foundation for the Blind, 2008