Insurance Analyst

*** **** ***** *****, # *** Phone 973-***-****-

East Hartford, CT 06108 E-mail ********@*****.***

Wai Choi

Objective To apply for an Actuarial Analyst position.

Skills Successful Completion of three Casualty Actuarial Society Exams: Course

1, 2 & 4. Proficient at Microsoft Excel, Access, PowerPoint and Word.

Understanding of advanced Excel functions such as Pivot table, V-Lookups

and Macros. Skilled at creating complex queries in Access. Effective oral

& written communication skills acquired after working for five years in a

property and casualty actuarial environment. Proven ability to meet tight

deadlines for projects.

Education 1990 - 1993 State University of New York at Binghamton

B.S. in Mathematics and Economics

1993-1995 The Ohio State University

M.A. in Economics

Experience

7/2006 – 5/2009

Senior Actuarial Analyst, Commercial Accounts Auto Pricing, St Paul

Travelers, Hartford, CT. Responsible for monthly update of Auto

Ratemaking databases. Prepare monthly new vs renewal mod exhibit for

commercial auto business. Support the annual update of Auto

Benchmark Model. Evaluate the integrity of data and convert databases

into a format suitable for data mining. Write documentations of various

update processes. Responsible for keeping various mapping tables up-to-

date in Access. Analyze data by utilizing knowledge of Access. Calculate

Average Charged Rates by coverage for Offices and Regions. Quantify the

impact of new Auto Benchmark Model on the insured. Perform scenario

testing in response to California Department of Insurance audit of rule 15

usage. Prepare rate filings to seek approval for rate changes. Calculate

rate change on-level factors by year using the parallelogram method. Create

Excel spreadsheets to calculate premium on some test cases. Work with

operations department to ensure that the mainframe system has

implemented the rate changes correctly. Update rate history. Compile and

analyze competitive information. Calculate the pure premium by vehicle

type and by state. Perform univariate research on Uninsured Motorist

coverage.

5/2005 – 6/2006

Personal Lines Reserving, St Paul Travelers, Hartford, CT. Perform

quarterly reserve analysis for homeowners, OPL, auto and First Trenton

Insurance Company. Responsible for updating of weekly Catastrophe

Report. Estimate the ultimate losses of catastrophe events by incurred

loss development method and Bornhuetter-Ferguson method. Estimate

the market-share losses from ISO industry-wide loss ultimates and AM

Best market share information.

9/2002-4/2005

Graduate Economics Thesis Preparation.

11/2000-8/2002

Attended computer training school in Edison, New Jersey to learn Java

programming. Passed the Sun Java Certification Exam on the first attempt.

9/1998-10/2000

Consultant, Actuarial & Insurance Consulting Group, Deloitte & Touche,

LLP New York, New York. Use Excel to prepare loss triangle spreadsheets

and select loss development factors for various lines of business (Workers

Compensation, General Liability, Auto insurance etc). Prepare PowerPoint

slides for presentation to clients. Write or update memo/letters addressed

to clients. Maintain contacts with clients via phone and email throughout

the assignments. Respond to their initial questions and requests. Evaluate

client auto pricing competitiveness relative to competitors. Assist

Managers in performing due diligence on Merger & Acquisition targets.

Travel to other Deloitte offices to work on client assignments.

6/1996-9/1996

Actuarial Summer Intern, Property and Casualty Reserving,

Nationwide Insurance, Columbus, Ohio Participated in a research study

that investigated why there was a recent surge in frequency and severity of

loss in Personal Auto line of business.

9/1994 – 6/1998

Graduate Teaching Assistant, Department of Economics, The Ohio State

University, Columbus, Ohio. Teach college level Microeconomics and

Macroeconomics. Grade homework assignments. Hold office hours to

answer students’ questions.

Citizenship: United States

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