Kai Niemi

Chief Risk Officer at Mandatum Life Insurance
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Contact Information
us****@****om
(386) 825-5501
Location
Helsinki, Uusimaa, Finland, FI

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Experience

    • Finland
    • Financial Services
    • 300 - 400 Employee
    • Chief Risk Officer
      • Nov 2018 - Present

      Helsinki Area, Finland

    • Director, Pension Fund Services
      • Oct 2017 - Oct 2018

      Helsinki Area, Finland

    • Owner
      • Jan 2017 - Sep 2017

      Helsinki Area, Finland

    • CFO
      • 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.

    • Chief Actuary
      • Apr 2006 - Mar 2014

      Finland Working as responsible actuary

    • Actuary
      • Dec 2004 - Mar 2006

      Finland

    • Chair Of The Board Of Directors
      • 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

    • Board Member
      • May 2008 - May 2013

      Helsinki Area, Finland

    • Chief Actuary
      • Oct 1998 - Nov 2004

      Finland

    • Finland
    • Insurance
    • 700 & Above Employee
    • Actuary
      • Aug 1998 - Sep 1998

      Finland

    • Chief Actuary
      • Feb 1997 - Jul 1998

      Finland

    • Mathematician
      • Oct 1995 - Jan 1997

      Finland

Education

  • Ministry of Social Affairs and Health
    SHV (Qualified Actuary)
    1995 - 1997
  • Turun yliopisto
    Master of Science (M.Sc.), Applied Mathematics
    1990 - 1995

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