Kingston Upon Thames, England, United Kingdom
Some highlights from my >20 years in the supposedly sleepy world of Life Insurance & Pensions: - Conceiving, catalysing and investing in Life & Health insurtechs that now protect over a million lives and with a combined valuation of nearly a billion dollars - Securing head-office approval for a tens-of-billions of pounds increase in commercially-deployable longevity capacity - More than doubling a major UK brand's Protection sales with a digital-first proposition launch - Re-structuring corporate business units & start-up partners to ensure sustainable performance - Using data in novel ways to create automated underwriting rulesets, quantify granular terrorism risk, predict mortality outcomes and more - Chairing the IFoA’s Continuous Mortality Investigation during its centenary year - Connecting with impressive people in my teams, life companies, distributors, reinsurers, start-ups, VCs and beyond - Running more pitches & presentations to clients, boards, industry groups and other worthies than I can remember - Getting lots of seemingly-impossible things done (and done the right way) Some extra details: - Qualified actuary (FIA 2006) - Board experience (start-ups and corporate entities) - English native speaker, formerly fluent in French, some (very!) basic German - Regular volunteer over the years for industry bodies such as the Institute & Faculty of Actuaries, Continuous Mortality Investigation and Association of British Insurers
Overall purpose: creating and implementing strategic plans for RGA EMEA to grow our $350 million annual profits Specific tasks: Maintain organisational focus on the biggest opportunities in EMEA Deliver data, analytics & AI strategies that support EMEA’s growth ambitions Anticipate industry changes that materially impact our business in EMEA
Overall purpose: developing and supporting the strategy execution in our >$2 billion premium RGA EMEA business. Specific tasks include: Leading strategic initiatives Leading our strategic marketing Managing our innovation-linked investment portfolio Key achievements: Revised EMEA strategy identifying the biggest impact opportunities for growth Re-aligned market-facing businesses in 9 territories across EMEA to focus on these opportunities Transferred ownership of innovation-linked equity holdings to best internal and external owners to maximise value
Overall purpose: partnering with carriers and InsurTechs to accelerate new products and services that grow the life insurance market. Specific tasks included: Leading the team delivering a growing portfolio of innovation-led deals across Europe, Middle East and Africa Developing scalable, repeatable solutions to ensure our ongoing relevance in support of partners’ growth ambitions Identifying, executing and governing a growing portfolio of equity & debt InsurTech investments Client and industry presentations across the region Continued volunteering for the industry and actuarial profession Key achievements: Over 1 million lives insured in the region by our portfolio partners Strong financial performance on expenses and investment portfolio valuation High employee engagement scores within the newly-created team
NED for roadtohealth Group Ltd, creator of Quealth
Overall purpose: pricing all reinsurance quotes for our UK and Irish Life markets Specific tasks included: Producing prices for new business quotes on all our lines of business, including: - Individual Protection - Group Protection - Longevity - Catastrophe excess of loss Summarising key deal metrics for local and central risk management Using experience analyses and socio-economic profiling to differentiate our reinsurance prices Using quote feedback to prioritise improvements in our pricing basis, processes and strategy Developing the processes, tools and skills of the Client Pricing team Supporting our Business Development team in client-facing pricing discussions Continued involvement in the CMI via the LOMC and MPC Contributing as a member of the committee for the 2013 Health & Care conference Managing the Client Pricing team (up to 12 people in total) Key achievements: Executing the first longevity swap deals under our new mandate Developing a high potential, low experience team Restructuring to improve efficiency
Overall purpose: developing Munich Re's reinsurance propositions in the UK & Irish life markets Specific tasks included: Longevity pricing and risk analysis, including Probable Maximum Loss definition development Mortality-longevity hedge quantification Summarising and seeking head office approvals for UK longevity swap transactions Business line strategy presentations to Board members and heads of central units in Munich Applying predictive models to the life underwriting process Assisting the Continuous Mortality Investigation as a member on two committees (Life Office Mortality & Mortality Projections) Industry and conference presentations in the UK and overseas Managing project teams drawn from across the UK and our global businesses Key achievements: Gaining Head Office Board approval for writing large volumes of longevity risk Developing a Probable Maximum Loss methodology for longevity risk Winning our first predictive underwriting deals
Overall purpose: leading the development of data-driven innovations in underwriting, pricing and product design Specific tasks included: Pooled experience analysis (mortality, morbidity and persistency) Enhancing our terms of trade / pricing basis for term assurance, critical illness and income protection Developing postcode pricing and other non-traditional rating factors for term assurance and longevity risk Short form application pricing Generalised linear modelling Electronic underwriting rules development Modelling direct insurance office cashflows and profitability Assisting clients in choosing outsourced business process providers Building a datawarehouse for our non-traditional insurance data Client, industry and conference presentations Managing the three teams within Risk Analytics (12 people in total) Key achievements: Creating new pricing models Deployment of electronic underwriting rules in new markets Participation in acquisition investigation teams
Overall purpose: providing actuarial consultancy services to trustees of occupational pension schemes and their sponsor companies Specific tasks included: Valuing occupational pension scheme liabilities Valuing individuals' pension benefits Advising companies and trustees on the design of occupational pension schemes Assessing defined contribution providers for administrative competence and investment fund choice Building calculation tools for clients and internal use Key achievements: Successful entry into consultancy Entrusted with client presentations at an early stage of my career Speedy progress through actuarial exams