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Actuary

Location:
United States
Posted:
January 29, 2010

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Resume:

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



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