ROBERT CUMMINGS

Principal and Senior Director, Head of Portfolio Management at Milliman FRM

Rob works for the Capital Markets Group within Milliman’s Financial Risk Management practice in Chicago. This group advises clients in banking, insurance, and funds management on financial risks, portfolio management, hedging strategies, and trading operations. Rob is the senior trader on the desk and is involved in management of variable annuity, fixed indexed annuity, managed risk ETFs, and other derivative hedging programs of both U.S. and international clients. In addition, Rob is a portfolio manager for the Innovator suite of Defined Outcome ETF’s.
Rob has more than 13 years of experience as a trader with a primary focus on options. Prior to joining Milliman, he was involved in various proprietary trading strategies and was portfolio manager of associated derivatives funds. These strategies included volatility arbitrage, global macro, and high-frequency trading. Firms that Rob worked for include Citadel Investment Group; TradeNet, where he was a primary market maker on the CBOE; KCM Group; and Spyglass Capital Management.

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