Vice President Treasury, Capital & Liquidity Stress Testing

• May 2022 - Present

Vice President & Actuary- Actuarial Enterprise Capabilities: ALM Frameworks

• Jan 2017 - May 2022

Lead an actuarial team focused on 1) ALM solutions such as balance sheet management, investment strategy, & modeling enhancements that seeks to improve Enterprise financial outcomes across a variety of existing & emerging frameworks as well as across different insurance businesses. 2) Economic & inforce investment assumptions & methodologies.* Executed on transformative investment strategy initiatives with Investments that are materially accretive to AOI by $10M-$100M annually & improved balance sheet capacity by ~$1B.* Ideated balance sheet management initiatives with Finance, such as internal reinsurance & accounting elections, that improved balance sheet capacity by ~$2B-$3B. Spearheaded project that recognized capital synergies between products in RET that increased sales by billions of dollars of premium.* Completed several major actuarial modeling & methodology updates, such as better aligning modeled investment strategy with actual, that improved balance sheet capacity by ~$1B.* Developed large changes in economic assumptions & methodologies in the areas of long-term capital markets, scenarios, & accounting requirements that had significant impacts on AOI, GAAP NI, & balance sheet capacity. Includes projects related to GAAP TI, PBR, LIBOR transition & other related frameworks changes.* Managed transformative process improvements resulting in expense savings, shorter turnaround times, & increased analytics. Show less

Director & Actuary- Pension Risk Transfer Pricing R&D

• Sep 2014 - Jan 2017

* Constructed and maintained the pricing foundation of domestic buy-in/buy-out transactions through the development and review of inputs, assumptions, & methodologies as part of the model development life cycle.* Completed build of alternative reserve methodology that satisfied stakeholder requirements of increased transparency, consistency, & proper consideration of all relevant risks.* Managed different research projects related to deferred participants, investment & liability modeling, & capital frameworks.* Led pricing team to largest transaction win of 2016 (~$3B) along with providing critical analytical support for other transactions that had a material outcome on competitive positioning. Show less

Directory & Actuary- Pension Risk Transfer Pricing Global Longevity Underwriting

• Feb 2013 - Sep 2014

* Developed life expectancy & marital assumptions for various international longevity reinsurance transactions including the largest such transaction globally to date (~$30B).* Created underwriting framework for life expectancy assumptions for small & mid-size domestic buy-in/buy-out transactions in addition to developing life expectancy assumptions for jumbo domestic buy-in/buy-out transactions.* Conducted mortality experience studies for inforce pension risk transfer & structured settlement blocks that included the development of new base tables & mortality improvement scales. Show less

Director, Actuary- Institutional Income: Valuation/Capital Management/Hedge Execution

• Jan 2011 - Feb 2013

* Managed the product’s hedge program, reserves, & capital levels by preparing dashboards and recommending derivative transactions.* Analyzed a new floating rate withdrawal benefit from a profitability, reserve, and capital perspective, then ultimately presenting findings to senior management for approval and ultimately integrated the benefit into the valuation system.* Led the first full scale assumption review resulting in tens of millions of dollars in best estimate reserve changes in addition to significant pricing impacts. Show less

Associate Actuary- Individual Life: Pricing

• Jul 2010 - Jan 2011

* Analyzed profitability and updated the premium calculation of the largest fixed Universal Life product.* Completed adhoc requests, such as reinsurance mortality studies, minimum premium formula development, & nonforfeiture requests.* Programmed pricing model for new Indexed Universal Life product.

Analyst- Treasurers: Borrowing/Corporate & Other

• Jul 2009 - Jul 2010

* Redesigned the borrowing forecast system, which captures external & affiliate borrowing levels, interest expense, and debt cash flows.* Performed required equity, cash flow, and profitability analysis for Corporate & Other.

Senior Actuarial Associate- Individual Annuity: STAT & Tax Valuation

• Jul 2008 - Jul 2009

* Completed valuation system updates, management reserve reports, rating agency surveys, state regulatory requests, & communications related to the Allstate variable annuity acquisition.* Created new reports to display the impact of transfer algorithm & new risk metrics for living benefit guarantees.

Intern & Part-Time- Institutional Income Pricing

• Jul 2007 - Jun 2008