Patricia Varela

Head of Global Technical Operations at Further Group
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Contact Information
Location
ES
Languages
  • English Native or bilingual proficiency
  • Portugués Professional working proficiency
  • Spanish Native or bilingual proficiency

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Alberto Abalo

In my role as Chief Actuary, I have depended heavily on Patricia’s experience in Munich Re’s markets across South America. Her cross-border cooperation with my team in Madrid as well as with other offices in the region have earned her the reputation of being a strong team player. Patricia is highly knowledgeable in the technical aspects that drive our business, and is internally recognized as an expert in reinsurance pricing and experience studies.

Lorena Perez

Patricia es una destacada profesional en el área de pricing. Alto conocimiento en el área actuarial, con experiencia en los mercados latinoamericanos. Buen trabajo en equipo.

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Credentials

  • Business Analytics: Tomar decisiones a partir de los datos
    Emeritus
    Nov, 2020
    - Sep, 2024

Experience

    • Spain
    • Insurance
    • 1 - 100 Employee
    • Head of Global Technical Operations
      • Jul 2021 - Present
    • France
    • Insurance
    • 700 & Above Employee
    • Marketing Actuary
      • Jun 2019 - May 2021
    • Regional Technical Manager Life LA South in Munich Re Group
      • Jan 2009 - May 2019

      * Responsible for the reinsurance technical support for LA South excluding Brazil. * Leader of the actuarial team for the region. * Experience in the insurance markets of: Chile, Colombia, Perú, Argentina, Uruguay, Paraguay, Ecuador and Bolivia. Knowledge of the Brazilian and Mexican insurance markets. * Regional expert in: mortality, disability, critical illness, experience studies, pricing of proportional and non-proportional treaties. * Regional responsible for: preparation of pricing notes, SII, financial reinsurance, risk management, valuation, longevity, data analytics and strategic planning. * Professional in charge of technical training for clients in the markets under her responsibility. * Experience in pricing and risk management audits for the region. * Experience in process documentation for the Life departments of the region. * Experience in death and disability insurance for pension funds pricing for the Chilean and Colombian markets (Sura-Colombia). Show less

    • Senior pricing actuary
      • 2000 - 2008

      * Responsible for technical support for the markets of Chile, Colombia, Peru, Argentina, Uruguay, Paraguay, Ecuador and Bolivia. For a period of time also responsible for technical support for the Brazilian market. * Responsible for technical support for the markets of Chile, Colombia, Peru, Argentina, Uruguay, Paraguay, Ecuador and Bolivia. For a period of time also responsible for technical support for the Brazilian market.

    • Spain
    • 1 - 100 Employee
    • Life underwriter
      • Jan 1992 - Apr 2000

      * Preparation of reinsurance pricing for the markets of Chile, Peru and Bolivia. * Responsible for the accounting of life reinsurance business. * Responsible for the UW process of facultative risks. * Pricing and monitoring of the reinsurance of annuities for the Chilean market (reinsurance of "tails") * Pricing and monitoring of non-standard businesses such as unemployment and death and disability insurance for pension funds. * Preparation of reinsurance pricing for the markets of Chile, Peru and Bolivia. * Responsible for the accounting of life reinsurance business. * Responsible for the UW process of facultative risks. * Pricing and monitoring of the reinsurance of annuities for the Chilean market (reinsurance of "tails") * Pricing and monitoring of non-standard businesses such as unemployment and death and disability insurance for pension funds.

Education

  • Universidad de Santiago de Chile
    Civil industrial engineer, business administration degree
    1986 - 1991
  • Various
    Various
    2000 - 2019
  • Munich Re Group
    Expert
    2017 - 2018
  • Palisade
    Stochastic modeling (@risk)
    2014 - 2014
  • SITC
    Experto en Seguro y Reaseguro, Insurance and Reinsurance Specialization
    1996 - 1996
  • Chilean Insurance School
    Diploma in Actuarial Ingineering
    2006 - 2006

Community

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