Kai Niemi
Chief Risk Officer at Mandatum Life Insurance- Claim this Profile
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Bio
Experience
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Mandatum
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Finland
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Financial Services
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300 - 400 Employee
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Chief Risk Officer
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Nov 2018 - Present
Helsinki Area, Finland
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Director, Pension Fund Services
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Oct 2017 - Oct 2018
Helsinki Area, Finland
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Owner
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Jan 2017 - Sep 2017
Helsinki Area, Finland
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Suomi Mutual
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Insurance
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CFO
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Jan 2008 - Dec 2016
Finland As the CFO of the company my key responsibility was a wide range management of the company's financial position and developing the steering models for the business operations. I was also the head of risk management function and responsible for risk management and developing internal risk management system and measures and planning company's risk strategy and combining company's risk appetite to its risk capital. Due to nature of the company ie. being run off life insurance company my… Show more As the CFO of the company my key responsibility was a wide range management of the company's financial position and developing the steering models for the business operations. I was also the head of risk management function and responsible for risk management and developing internal risk management system and measures and planning company's risk strategy and combining company's risk appetite to its risk capital. Due to nature of the company ie. being run off life insurance company my responsibilites were also planning stratetic alternatives for run off company's future steps, being project leader on insurance portfolio transfers and responsible for negotiating financial terms of transfers. From my point of view my work at Suomi Mutual was completed at the end of year 2016 when the last one of Suomi Mutual's insurance portfolios was transferred to OP Life. It was an interesting and quite probably once in a life time journey for me.
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Chief Actuary
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Apr 2006 - Mar 2014
Finland Working as responsible actuary
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Actuary
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Dec 2004 - Mar 2006
Finland
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Chair Of The Board Of Directors
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May 2013 - Mar 2016
Acting as chairman of the Board of Retro Life. Retro life was mutually own by several Finnish life insurance companies and it key business model was to offer resinsurance covers to mainly Finnish life insurance companies
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Board Member
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May 2008 - May 2013
Helsinki Area, Finland
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Chief Actuary
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Oct 1998 - Nov 2004
Finland
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Fennia
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Finland
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Insurance
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700 & Above Employee
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Actuary
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Aug 1998 - Sep 1998
Finland
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Chief Actuary
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Feb 1997 - Jul 1998
Finland
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Mathematician
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Oct 1995 - Jan 1997
Finland
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Education
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Ministry of Social Affairs and Health
SHV (Qualified Actuary) -
Turun yliopisto
Master of Science (M.Sc.), Applied Mathematics