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Life Insurance Company

Location:
Souderton, Pennsylvania, 18964, United States
Posted:
May 24, 2010

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Lynn Pogas, FSA, MAAA

*** ******** *****

Souderton, PA 18964

215-***-**** HOME

215-***-**** CELL

Career Objective: Reinsurance, Valuation, and Modeling of Life,

Annuities, and Health products

Summary of Qualifications

Results-driven actuary with a proven record of $3.3 billion modified

coinsurance reserves of reinsurance along with $184 billion fund withheld

on Schedule S page 3 Section 1 of the Blue Book for Statutory Reserves.

Recognized for selling and maintaining various systems for valuations for

clients producing $1.45 M each year. Consulted with companies to meet

their high expectations. For annuities I worked on several companies

ALM's, and the cash flow testing of assets and liabilities. The

projections were done by changing lapse rates, credited interest rates and

competitor credited rates, the assumed credited and dividend interest rates

of competitors, investment yields varying by interest scenario, and company

investment strategy. This included both fixed and variable annuities,

providing the company had both types of annuities.

Actuarial Designations

FSA 1994

MAAA 1991

Professional Experience

London Life Reinsurance Company, Blue Bell, PA, December 2008 - Present

Actuary, Administration

London Life Reinsurance Company, a member of the Great West family of

companies. London Life Reinsurance Company usually retrocedes to London

Life International Reinsurance Company, but it may retrocede to another

reinsurer depending upon the Treaty

. Review and sign off on all clients on either a quarterly basis or

monthly basis (dependant on client and/or product type)

. Designing new client spreadsheets based on presentation of surplus

relief, RBC, traditional, or credit.

. Report Exhibit 5, Policy Exhibit and Schedule S for statutory Reserves

for multiple companies

. Comply with audit issues - provide all of the treaties and addendums,

novations, etc.

. Review investment income for multiple treaties

. Developed budgets for all of the companies in the Great West

. Adjust the "Letters Of Credit" for each quarter

. Model in force reinsurance treaties and project them out under

different scenarios

. Pay death claims and LTD claims monthly to multiple clients

. Management and mentoring of actuarial student

AIG (ALICO) Corporation, Wilmington, DE, July 2007 - April 2008

Independent Consultant - Actuary

ALICO is a multinational entity. My primary objective was to work on GAAP

and Statutory reserves for Universal Life products sold in Japan. My

secondary objective was to develop specifications for 10 countries and

build their products to fit into the PolySystems LifeMaster product.

. Received sub-totals from Japan of GAAP and Statutory Income Statements

. Answered auditing questions on an as-needed basis

. Performed ULMaster in PolySystems to determine preliminary results for

statements

. Compiled links in spreadsheets to determine Statutory and GAAP

reserves quarterly

. Completed SOX reviews for each quarter

. Performed LifeMaster in PolySystems for several countries

Lynn Pogas - continued

INS Consulting, Philadelphia, PA, January 2007 - March 2007

Consulting Actuary

. Review and sign off on Statutory reserves for Traditional, UL,

Annuity, Health, and Reinsured products that enter the Green and Blue

books for Delaware domestications

. Provide auditing capabilities for states that request our assistance

. Review detail for new products and make sure the new products follow

the guidelines for Delaware

PolySystems, Inc., Cherry Hill, NJ, August 1997 - August 2006

Actuarial Consultant

PolySystems is the premier vendor of actuarial systems and consulting and

is based in Chicago, IL. As a key player in our Cherry Hill, NJ office, I

assisted a number of high profile clients in utilizing the suite of

products developed by PolySystems. My roles and responsibilities included

financial reporting, product analysis and client training. A considerable

part of my time was also spent working with our clients' international

businesses.

. Consulted and trained key clients to operate the PolySystems Life, UL,

Annuity, IncomePay and Health products

. Managed Statutory, Tax, and GAAP valuations

. Compiled earnings projections for clients in increments of 1 to 25 year

terms

. Developed actual to expected results of earnings ranging from 1 quarter

to 1 fiscal year

. Utilized PolySystems Source of Earnings product to develop reports

. Ran Statutory, Tax, and GAAP reserves for a high profile client on a

quarterly basis for several years

. Produced roll-ups for clients

Penn Mutual Life Insurance Company, Horsham, PA, May 1988 - August 1997

Assistant Actuary

My tenure at Penn Mutual was spent in a rotation program. Each period

spanned between 12 and 24 months. My responsibilities included book profit

studies, interest margins, running PTS reports and managing GAAP reserves.

I also assisted my colleagues in implementing Statutory, Tax, and GAAP

reserves on PolySystems software.

. Statutory, Tax, and GAAP valuations

. Actual to expected results for senior management

. Installed PolySystems to run Statutory, Tax, and GAAP reserves

. Managed a team of four professionals responsible for multiple sets of

projections using different sales goals

. Switched GAAP reserves from aggregate to seriatim calculations

. Resolved book profits and investment margins

. Modeled cash flows with assets and liabilities

. Acted as liaison between the actuarial staff and recent college

graduates

EDUCATION

Temple University

Philadelphia, PA, 1988

BBA, Actuarial Science

Graduated Summa Cum Laude



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