Ken Deane

Actuarial Leader, Western Europe Markets at Liberty Insurance Ireland
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Location
Dublin, County Dublin, Ireland, IE

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Experience

    • Ireland
    • Insurance
    • 1 - 100 Employee
    • Actuarial Leader, Western Europe Markets
      • May 2019 - Present

      Member of the Executive Leadership team in Western Europe Markets – a team of Executives across Spain, Portugal, and Ireland with responsibility for WEM’s strategic direction and delivering against stretching financial performance and return on equity targets from Liberty Mutual group. As Actuarial leader, I have experience of bringing together a diverse team of 50+ Actuarial, Business Intelligence and Data professionals spread across four countries into one team where people feel they can be themselves, that they belong and that their talents are well utilized.Member and attendee of a number of Executive Committees in Liberty Seguros e.g. Reserving (Chair), Claims and Operations, Product & Distribution, Reinsurance Committee and Executive Investment Committee. Provide regular reserve updates to Board Audit Committee related to Reserving and to Board Risk Committee for Capital/Solvency matters. Show less

    • Head of P&C Reserving & Reporting, Western Europe Markets
      • Apr 2014 - May 2019

      From 2014-2018, I led the Reserving & Reporting team for Liberty Ireland (LIDAC) with responsibility for developing and delivering required business plans for the team. Built the Reserving function from scratch since joining in 2014 and successfully combined quality reserving analysis with robust reserving governance. Ensured the appropriate people strategy was in place to develop the team's capability and foster a strong process and customer culture.Following completion of branching process in Europe in 2018, was selected to become P&C Reserving & Reporting lead for Liberty in Europe taking on responsibility for the Property & Casualty reserving for Spain and Portugal in addition to Ireland with non life technical provisions of ~€1.2B. Show less

    • Consultant/Director
      • Apr 2012 - Mar 2014

      Established Acheron Actuarial in 2012, an actuarial consultancy specialising in the provision of interim actuarial resource and expertise to Irish non–life insurance clients with particular emphasis on Reserving, Capital Modelling, Forecasting and Financial Reporting projects. Established Acheron Actuarial in 2012, an actuarial consultancy specialising in the provision of interim actuarial resource and expertise to Irish non–life insurance clients with particular emphasis on Reserving, Capital Modelling, Forecasting and Financial Reporting projects.

    • Insurance
    • 1 - 100 Employee
    • Reserving & Solvency 2 Actuary
      • Mar 2010 - Aug 2011

      Returned to Ireland to join Aviva's European Reserving Centre of Excellence in Dublin. Responsible for all aspects of Aviva Health's reserving process from data production to presenting monthly reserve updates to senior management. Provided regular reserve reviews for other European entities. Traveled to other European business units to share knowledge on adoption of best practice reserving tools/techniques. Seconded to the group-wide Solvency 2 project because of previous Capital background. Returned to Ireland to join Aviva's European Reserving Centre of Excellence in Dublin. Responsible for all aspects of Aviva Health's reserving process from data production to presenting monthly reserve updates to senior management. Provided regular reserve reviews for other European entities. Traveled to other European business units to share knowledge on adoption of best practice reserving tools/techniques. Seconded to the group-wide Solvency 2 project because of previous Capital background.

    • United Kingdom
    • Insurance
    • 700 & Above Employee
    • Capital Validation Manager
      • Nov 2007 - Feb 2010

      Direct Line Group (Formerly RBS Insurance) - joined RBSI as Principal Analyst in Corporate Actuarial, performed quarterly reserve reviews for UK household and some motor classes. Rotated to Capital Modelling Team and was later promoted to Capital Validation manager with a team of two actuarial analysts in the production and validation of actuarial models. Direct Line Group (Formerly RBS Insurance) - joined RBSI as Principal Analyst in Corporate Actuarial, performed quarterly reserve reviews for UK household and some motor classes. Rotated to Capital Modelling Team and was later promoted to Capital Validation manager with a team of two actuarial analysts in the production and validation of actuarial models.

    • Senior Actuarial Student, Employee Benefits Consulting
      • Oct 2004 - Aug 2006

      Worked with senior actuaries in the Cork and Dublin offices, coordinating actuarial valuations of pension scheme (annuity) liabilities for statutory and accounting purposes for domestic and international clients. Worked with senior actuaries in the Cork and Dublin offices, coordinating actuarial valuations of pension scheme (annuity) liabilities for statutory and accounting purposes for domestic and international clients.

Education

  • Institute and Faculty of Actuaries
    Fellowship
  • Bayes Business School
    Master of Science - MS, Actuarial Management
    2006 - 2007
  • University College Dublin
    Bachelor's degree, Actuarial and Financial Studies
    1998 - 2002
  • Christian Brothers College
    Leaving Certificate
    1992 - 1998

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