ASA (FSA-to-be)
**** ******* **., ***. *, Columbus, OH 43220 • 614-***-**** • ***********@*****.***
SUMMARY OF QUALIFICATIONS
• Thorough knowledge in various lines of life insurance business, including TL, UL, VUL and COLI-BOLI
• Extensive modeling & risk analysis experience and ALM exposure from a wide range of dynamic projects
• Proficient in MG-ALFA, MS Excel, Access, Visual Basic
• Demonstrated leadership and interpersonal communication skills; Excellent oral, written and presentation skills
EXPERIENCE
Actuarial Specialist Nationwide Financial, Columbus, OH November 2007 - Present
Redundant Reserve Relief
• Served as a core team member to take charge of the TL and UL ALFA models and projections
• Performed static and dynamic validations; Developed a platform for economic and redundant reserves calculation
• Worked with external consultants to develop best estimate assumptions; Performed sensitivity analysis
Quarterly VUL Forecast
• Executed the process to produce forecasted financial reports
• Reviewed and updated assumptions in the Variable Universal Life forecast model
• Provided analysis to support senior management in understanding the forecasted financial results
Illustration Actuary Testing
• Built a process for Illustration Actuary Testing on in-force blocks of business using ALFA models
• Identified and made proper adjustments to CRM models to perform Illustration Actuary Testing on a UL block
• Successfully trained other group members to run IAT on other lines of business
Value of New Business
• Prepared quarterly VNB models and analyzed preliminary results to support VNB application in ALM team
• Improved existing UL/VUL VNB models and expanded the method to TL and COLI/BOLI products
• Validated VNB ALFA models against pricing models
Annual Risk Review
• Identified the key risks embedded in life insurance business and served as the actuarial support for risk committee
• Evaluated risks and developed risk metrics using sensitivity tests and stress scenario analysis
Intern Supervisor
• Trained the student on ALFA; Led the student to enhance building processes of factor files and population files
• Evaluated performance and provided feedback to the actuarial recruiting team
Actuarial Analyst Nationwide Financial, Columbus, OH July 2006 – November 2007
Corporate Risk Models
• Provided quarterly locked-down CRM ALFA models to ALM department
• Converted pricing models to add new products to CRM in-force models
• Proposed and implemented adjustments to assumptions on TL, UL, VUL and COLI life models
Life Assumption Modeling
• Recommended appropriate data structures and integrated optimal enhancements to UL life models
• Maintained documentation of model assumptions, data sources and considerations
Teaching Assistant University of Illinois, Urbana, IL August 2005 – May 2006
• Taught 100 students in three recitation sessions of course “Life Contingency”
• Recipient of ICES Excellent Teachers List Award
EXAMS
ASA 2007; DPIU Fall 2008, two FSA modules 2008, and CSPIU Spring 2009
EDUCATION
University of Illinois at Urbana-Champaign M.S. in Actuarial Science (GPA 4.0/4.0) May 2006
Tsinghua University, China B.S. in Engineering Physics July 2000