Insurance Data

THOMAS THUN 908-***-****

**** ****** **** ***, *********, CO 80107 *********@*****.***

linkedin.com/pub/thomas-thun-b-s-actuarial-studies/8/138/221/

Leadership ~ Communication ~ Teamwork ~ Credit / Risk Analysis

Insurance ~ Rating Committee ~ Standard & Poor (S&P) Methodology

Senior Management ~ Trend Assessments ~ Industry Outlooks ~ Media

Publications ~ Projections ~ Estimates ~ Qualitative Assumptions ~ Financial

Modeling / Publications ~ Accounting ~ Actuarial ~ Economics ~ Statistics ~ Risk

Contingencies ~ Management ~ Insurance Operations ~ Bond Spreads

• Problem solver with the innate abilities to effectively prioritize and execute tasks in high

pressure, evolving environments.

• Consistently surpasses company goals and dedicated to continuous process improvement

throughout the organization.

• Provided recommendations to rating committees, prepared material for ratings

publications, and presented the Standard & Poor’s (S&P) methodology and procedures to

company executives.

• Extensive analytical experience assessing relevant information and data necessary in

determining credit quality on a diverse portfolio of large and midsize insurance and

reinsurance companies.

KEY ACHIEVEMENTS

• Presented rating recommendations to S&P’s rating committees and developed media

publications explaining S&P’s methodology, criteria, and qualitative/quantitative opinions

on the credit worthiness of insurance carriers.

• Evaluated managerial strengths and weaknesses regarding their prospective financial and

operational plans; historically planned earnings, capitalization, and operational growth.

• Examined and assessed confidential and public records to determine regulatory reporting

and accounting compliance, thoroughness, and due diligence in maintaining compliance.

• Analyzed internal controls in key areas of risk and evaluated systems utilized by

organizations in determining quality and reliability of ERM and regulatory/compliance

standards.

• Assessed key non-insurance subsidiaries’ strengths and weaknesses with insurance

operating group and holding company’s total risk profile.

• Prepared press releases, company specific reports and industry commentaries under strict

deadlines and constraints.

• Provided analytical input into commentaries on an independent basis and with other S&P

professionals on the subject of industry outlooks and market events which impacted

industry credit worthiness.

• Monitored operating performance and specific trends, lines of business and insurance

industry on a continuous basis; included reviews of public filings and confidential sources.

• Responsible for the implementation and development of a new relational Oracle data base

that would utilize various sources of information at S&P and outside data venders, to

create a one stop database for all S&P's financial institution analytical.

Thomas Thun Page 2

• Oversaw weak-link testing and development as a credit ratings analyst, maintaining a

portfolio of clients from 10-20 companies. Liaised with management, news, and

researched/reported on positive and negative impacts to the companies.

• Created mathematical/statistical tests that measured qualitative assessments of

businesses strengths and weaknesses.

• Spearheaded a 3 year project, tasked with inputting twenty years of information for over

3,000 companies that included both Statutory and GAAP data that is now the core of

S&P's data collection and distribution.

• Implemented the first single platform at S&P to utilize one source for its data extractions

and data mining and is still the primary insurance data base utilized by the company's

financial institution analysts.

• Interviewed all members of two boards of directors (mutual and stock companies) and

completed the first Enterprise evaluation which improved transparency of the hybrid

corporate structures which enabled a group of companies to better services its market.

• Utilized tax ID numbers of foreign companies, domestic and global ratings maintained by

S&P, and detailed calculations to merge into a single simple charge that reflected a

company’s best estimated risk exposure to creditors.

• Instituted an S&P model globally, notifying its clients of the higher precision that eliminated

inadequacies and significantly add to free capital to be used in other areas and improve its

risk based capital.

• Estimated loss reserves utilizing various models, research and analysis in determining

best estimates for ongoing liabilities for multiple lines of insurance businesses.

• Designed models to strengthen data collaboration between pricing and reserving units

utilizing advanced actuarial methods.

EDUCATION / TRAINING

BS-Actuarial Science

St. John’s (College of Insurance), New York, NY

Casualty Actuarial Exams

Exam 1 Probability

Exam 3F models for Financial Economics

Exam 3L Models for Life Contingencies and Statistics

Exam VS Risk Management and Insurance Operations

CAREER SUMMARY / MEMBERSHIPS

Credit Analyst

Standard & Poor’s Associate, New York, NY

Associate Actuary

Swiss Re USA, New York, NY

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