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Chief Actuary and Chief Risk Officer | Profile 12208
Summary of Candidate's Resume:
Chief Actuary and Chief Risk Officer
Leads a team of 20 in a comprehensive actuarial department, responsible for Annuity Pricing, Life Pricing, Valuation, and Risk. Oversees all aspects of pricing, product development, valuation, and enterprise risk management. Chairs key committees focused on risk, asset-liability management, interest rate strategies, product development, and actuarial models.
Leadership in Risk and Compliance
Chairs multiple steering committees and actively contributes to pension, IT, disclosure, and claims processes. Played a central role in developing and refining actuarial models and assumptions. Directs enterprise risk management and ensures compliance with both statutory and GAAP financial regulations.
Modernization and Strategic Projects
Led the valuation team and managed high-impact projects, including implementation of industry-shifting regulations such as VM-20 and LDTI. Successfully completed actuarial modernization projects, ensuring compliance with evolving standards. Spearheaded the post-acquisition statutory, tax, and PGAAP reserve conversion efforts following a major acquisition.
Reinsurance and Risk Transfer Expertise
Key contributor to two significant annuity reinsurance deals involving in-force fixed annuity blocks and indexed annuity flow. These transactions resulted in improved capital efficiency and risk transfer for the company's annuity portfolios.
Technological Expertise
Directed the implementation of advanced actuarial software systems to enhance valuation and risk analysis capabilities. Key leader in the adoption of cloud-based actuarial software solutions, improving data management and analysis across the organization.
Valuation and Reporting Expertise
Extensive experience in managing the valuation process, including statutory, GAAP, and tax reserve financial reporting. Led asset adequacy analysis and actuarial opinions in compliance with NAIC standards. Successfully expanded and modernized the valuation team, contributing to the department's growth and improved operational efficiency.
Team Leadership and Expansion
Expanded and led valuation teams, growing them from 2 to 6 direct reports over time. Fostered a collaborative and efficient working environment within the actuarial department.
Professional Memberships and Credentials
FSA
MAAA
Education
Holds a degree in Applied Mathematics, providing a strong foundation for analytical problem-solving and strategic decision-making within the actuarial field.
Summary of Strengths:
Proven leadership in actuarial science and enterprise risk management
Extensive experience in product development, pricing, and valuation
Expert in compliance with statutory and GAAP financial reporting standards
Track record of successful reinsurance and risk transfer deals
Strong background in team building, technological adoption, and actuarial modernization
Holds professional credentials and memberships reflecting top-tier actuarial expertise
This Candidate's leadership, technical skills, and industry expertise position them as an outstanding asset to any organization seeking strategic direction in actuarial science, risk management, and financial reporting.
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