Experience

PGIM Ireland

• Ireland
• Financial Services
• 200 - 300 Employee

• Senior Actuarial Associate

  • Aug 2022 - Present

  In my current role, I am working in the Pricing team within the International Reinsurance area at Prudential Financial. Our team is accountable for the overall Pricing execution and infrastructure development of Prudential Financial's rapidly growing multi-billion-dollar Longevity Risk Transfer Business. === Main Responsibilities: ===Underwriting and Pricing:- Analyzing plan specific experience data to determine mortality and other demographic assumptions to be used as the underwriting basis. - Generating assumptions, financial projections and evaluating international reinsurance transactions. - Determining fees and premium that should be charged for accepting longevity reinsurance risk from our clients - Providing pricing analytics and delivering presentations to the senior management team to facilitate confident decision-making and to achieve business goalsData Processing and Cleansing:- Mining and scrubbing complex pension plan datasets- Removing Personal Information from datasets to ensure GDPR standards are met.Updating and Improving the Pricing and underwriting tools:- Liaising with the Actuarial Assumption Team to capture any monthly & quarterly assumption updates and regulation changes- Performing Unit tests on any newly incorporated assumption updates against the old methodologies to ensure the recent updates had not adversely affected existing behaviors.- Improving tools and processes used within the team.

• Actuarial Associate

  • Aug 2018 - Jul 2022

  In my previous role, I was working in a cross-functional Pricing team as an Actuarial Associate involved in implementing a new rating platform which is a multi-million-dollar project aiming to improve the Pricing & Underwriting effectiveness of the organization.Our team's strategy is to use a more advanced programming called Object Constraint Language in the new platform enabling us to build sophisticated algorithms for Pricing Products and versatile apps for Underwriting Practices, allowing Prudential to retire the inefficient tools previously built in MS Excel and keep up with its fast-growing Group Insurance business.=== Main Responsibilities: ===Product Modeling in the new platform:- Accountable for translating and replicating the Pricing methodologies of the old Excel tools in the new platform for the main Group Insurance Products (e.g., Life, Disability, AD&D and Statutory Products).- Designed test scenarios to ensure the Pricing accuracy of the platform is above acceptance level before retiring the old Excel tools.Maintaining the platform:- Conducted in-depth research with users (e.g., Actuaries and Underwriters) on any causes of Pricing inaccuracies and defects that were newly identified from different periods.- Provided fixes and improvements for any underlying issues.- Captured and incorporated monthly & quarterly Pricing formulas and assumption updates into the platform.Improving the Underwriting Practices:- Regularly worked with the Underwriting Leadership team to investigate ways of leveraging the technology of the platform to improve process efficiency such as auto-generating policy documents and enforcing Underwriting rules via a GUI.



Direct Line Group

• United Kingdom
• Insurance
• 700 & Above Employee

• Junior Actuarial Analyst

  • Aug 2017 - Sep 2017

  I was working in the Corporate Actuarial team at Direct Line Group. I obtained valuable knowledge of General Insurance and Non-Life Reserving methods from shadowing Senior Actuaries during the internship programme. ===Main Responsibilities: === Modelling: - Worked with Reserving Actuaries to develop models to identify the impact of the recent Ogden rate change on Bodily Injury claim amounts, producing a short overview of this new legislation for the team with a brief analysis of how it may impact their daily work. Claims and Experience Analysis: - Assisted the exposure management team with the Flood Model assignment documentation, putting different sources of information together in an easily consumable way for other teams and board members to quickly understand and work with.



MetLife

• United States
• Insurance
• 700 & Above Employee

• Actuarial Student

  • Jul 2016 - Jul 2017

  I was working in the Actuarial Reporting Team with responsibilities to report the current financial information and solvency position for MetLife's operations in the EMEA region under USGAAP and Solvency II to meet the Regulation requirements. ===Main Responsibilities: === Financial Reporting: - Responsible for monthly USGAAP reporting and quarterly production of the Solvency II balance sheet such as BEL and SCR. - Performed Profit and Loss analysis to identify monthly trends and anomalies across different lines of business (e.g., Ordinary Life, Unit-Linked Life, A&H, Group Life and Credit Life) in an accurate way, condensing large amounts of technical information into manageable, easily understandable high-level summaries. Presenting financial results and their implications to the main Stakeholders: - Presented the USGAAP & Solvency II results to the Head of EMEA Actuarial Production each quarter, outlining the key drivers of the income & surplus period-over-period. - Managed the daily status communication to key stakeholders (e.g., CFOs, Financial controllers, Chief Actuaries, and local teams in EMEA) during the reporting period. Compliance: - Performed USGAAP controls under the Sarbanes-Oxley Act including balance reconciliations, review of model errors, DAC recoverability tests to ensure the USGAAP standards are met. - Carried out USGAAP Loss Recognition testing, which involved performing a recalculation of the Solvency II BEL using portfolio discount rates and updated expense assumptions.