Experience

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  Self-employed

  • Semi Retired

    • Jul 2022 - Present
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  EY

  • Chicago

  • Manager

    • Jan 2016 - Present
    • Chicago

    Paul Smalley is a Manager in the Insurance and Actuarial Advisory Services practice of Ernst & Young LLP’s Financial Services Office. He is based in the firm’s Chicago office. Paul has over 30 years of experience in the actuarial field with roles at insurance carriers, insurance brokers, an...

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  Blue Sky Actuarial Consultants, LLC

  • Consulting Actuary

    • 2007 - Jan 2016

    • Assignments with CUNA Mutual, Genworth Financial, SCOR Global Life, Trustmark, SS&C Technologies, Actuarial Strategies• Consultant to reinsurer in the use of actuarial projection software for embedded value and other financial analysis • Development of annuity benefits and riders for princ...

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  The Cochlan Group

  • Plan Design Manager

    • 2004 - 2006

    • Managed prospect and client financial projections for non-qualified executive benefit plans with an emphasis on insurance funded plans.

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  Benefits Group WorldWide

  • SVP & Actuary

    • 2001 - 2004

    • Managed financial projections for non-qualified executive benefit plans.• Designed funding for new clients, and funding adjustments for existing clients. • Managed carrier relationships and the negotiation, underwriting, issue, and maintenance of all client insurance.• Managed registered invest...

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  Manulife Financial

  • Director of COLI

    • 1999 - 2001

    • Designed and priced specialized variable universal life insurance coverage for use in the corporate owned life insurance (COLI) market.• Directed the marketing effort to existing COLI sales/producers and also to the attraction of new producers through written, verbal, and personal presentations...

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  North American Company - Life/Health

  • Assistant Actuary

    • 1984 - 1999

    • Designed and priced individual universal life, term, and annuity products including indexed life and indexed annuities.• Implemented mainframe administration and PC illustration systems with responsibilities for compliance, installation, and testing (managing staff of 2-4).• Supported product i...

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  Washington National Insurance Company

  • Assistant Actuary

    • 1977 - 1984

    • Prepared monthly statutory financial reports and annual statements.• Priced traditional, term, and universal life products. Supported mainframe administration. Coordinated company appraisal and budget projections.