Experience

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  CL Life and Annuity Insurance Company

  • Fort Worth, Texas, United States

  • Chief Actuary

    • Dec 2023 - Present
    • Fort Worth, Texas, United States

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  Trilogy Actuarial Solutions LLC

  • Austin, Texas

  • Founding Partner

    • Sep 2020 - Dec 2023
    • Austin, Texas

    Trilogy Actuarial Solutions was founded out of the desire to achieve the following goals:• Develop long-term partnerships with our clients where we become integral contributors to the senior management team and key advisors at all levels of the organization.• Contribute meaningfully to the prosperity of our clients, employees, and communities.• Gain more control over our destiny while assisting our clients in achieving the same.• Establish an environment where talented, hardworking, creative, and motivated people can thrive.• Reside in the hill country of Austin, Texas with our families while seamlessly providing exceptional service to a nationwide client base.

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  Allen Bailey & Associates, Inc.

  • Austin, Texas

  • Senior Consulting Actuary

    • Aug 2012 - Sep 2020
    • Austin, Texas

    I provided a wide range of actuarial consulting services for our client companies which include fraternal benefit societies, commercial insurance companies, state insurance departments, and independent marketing organizations.• I was the client facing actuary for many of the company’s clients. This role included relationship management, project management, budget management, and invoicing.• Life insurance and annuity product development and pricing.• Experience studies and assumption development (mortality, persistency, expense, etc.).• Reinsurance negotiation.• Management consulting and financial analysis.• Valuation of life insurance and annuity liabilities.• Cash flow testing and asset adequacy analysis, including companies subject to NY Regulation126.• Developed companywide projection models for business planning.• Appointed Actuary for five companies, including two that are licensed in New York.• Illustration Actuary for seven companies, including two that are licensed in New York.

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  American National Insurance Company

  • Galveston, Texas

  • Vice President & Associate Actuary

    • Jun 2009 - Aug 2012
    • Galveston, Texas

    I was recruited to transition into the role of the head of product development following the retirement of the current senior vice president who held this position. American National Insurance Company distributes a full range of fixed and equity indexed life insurance and annuity products through multiple distribution channels.Key Responsibilities and Accomplishments:• Reorganized the product development department into functional teams.• Implemented a goal-oriented approach to performance management.• Played a key role in implementing a product review committee to approve and prioritize product development.• Implemented monthly research and development meetings with each distribution channel to identify product development opportunities and review performance of existing products.• Overhauled the annuity pricing process by formalizing a process for assumption review, incorporating competitive analysis, improving modeling capabilities, and introducing risk measurements.• Assisted in the development of an accelerated issue underwriting model targeted at middle market consumers.• Responsible for New York §4228 compliance and filing.

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  National Life Group

  • Montpelier, Vermont

  • 2nd Vice President - Actuary and Product Line Manager

    • Jun 1998 - Jun 2009
    • Montpelier, Vermont

    I was responsible for managing an actuarial staff whose primary charge was to provide life insurance product development support for all National Life Group companies. National Life Group distributes products through multiple distribution channels including career agencies and independent agents serving middle, affluent, and business markets. In addition, I also acted as a product development liaison for the independent agent channel.Product Development Responsibilities:• Identify the marketing goals, competitive environment, illustration requirements, regulatory requirements, profit requirements, acceptable risk sensitivities, appropriate pricing assumptions, and administrative system capabilities for new products.• Develop product solutions (product specifications and strategy for setting policy values) that meet the identified goals and constraints.• Perform comprehensive executive briefings for new products.• Provide actuarial materials for filings with regulatory authorities.• Support product implementation through specification development and system validation.• Support the marketing of the group’s life insurance products by assisting with product rollout presentations, making presentations at advanced sales seminars, serving on product advisory committees, and assisting with advanced case work.• Provide initial feasibility and risk analysis for new product ideas.During my tenure, I developed specifications and set rates for term, traditional whole life, fixed universal life, indexed universal life, variable universal life, accelerated benefit riders, and secondary guarantees for both fixed and variable universal life insurance for use in a variety of sales situations (e.g., individual, business, advanced sales). In addition, I developed several innovative product solutions including a new participating whole life insurance policy with substantial premium flexibility and superior performance on a limited-pay basis.

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  Transamerica

  • Charlotte, North Carolina

  • Actuarial Associate

    • Jul 1997 - May 1998
    • Charlotte, North Carolina

    • Priced and developed fixed and variable annuities for bank, broker/dealer, and agency distribution channels.• Developed a pricing model and illustration system for fixed single premium immediate annuities.• Responsible for exception pricing for immediate and deferred annuities. These exceptions included cases with large premiums, advanced issue ages, and/or substandard mortality.• Developed annuity pricing assumptions based on historical company data.

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  Pan-American Life Insurance Group

  • Tampa, Florida

  • Actuarial Assistant

    • Jan 1996 - Jun 1997
    • Tampa, Florida

    • Responsible for small group health renewal rating and maintenance of the small group rate manual. This block of business included both traditional indemnity as well as PPO plans.• Developed a spreadsheet renewal rating model for small group health insurance.• Developed PC and server based data warehouses using SQL for analysis and management information reporting using data extracted from mainframe administrative systems.• Developed numerous experience reports for senior management using PC based databases. These reports included analyses of loss ratio experience, PPO network performance, lapse rates, and renewal rate histories.