Michal Suchan

CFO at Toa Re Europe

Zurich, Switzerland

About

Experienced executive and non-life Actuary with flair for innovation and strategy. Market focus: Reinsurance and non-life personal and corporate (wholesale) insurance Classic areas of expertise: - Actuarial audit of non-life (Re)Insurance and Captive clients - Non-life (re)insurance Reserving – reserve reviews for non-life (Re)Insurance clients - Reinsurance Pricing – model review, development, pricing / underwriting support for reinsurers during renewal season - Responsible Actuary mandates for non-life (Re)Insurance clients - Capital modelling including regulatory models: Swiss Solvency Test and Solvency II Strategic focus areas: - Reinsurance market in Switzerland – business and strategic initiatives development for the Reinsurance niche market - Insurance Linked Securities – structuring and transformation of (re)insurance risks (liability side), analysis of underlying portfolio of risks - Process Automation (RPA = Robotics and Process Automation) - application of robotics to actuarial and finance related problems using Blueprism software - Data Analytics for the non-life (Re)Insurance market – application of innovative predictive modelling techniques (e.g. machine learning) for non-life (Re)Insurance clients, customer analytics, pricing optimization and sophistication assessment, innovative visualisation techniques - Blockchain – exploring proof of concept for Blockchain application for the Reinsurance industry (smart reinsurance contracts) I enjoy using my analytical and problem solving skills to help and assist others with their daily work challenges, bring innovative insights and create business solutions for the future. Working in a multi-cultural, international and global environment is a must for me. I am a fully qualified Actuary SAV (SAA - Swiss Actuarial Association) and a full member of the Polish Society of Actuaries.

Experience

  • Chief Financial Officer at Toa Re Europe
    Jan 2018 - Present · 8 yrs 7 mos

  • EY (Zurich, Switzerland)
    • Senior Manager - European Actuarial Services
      Oct 2016 - Dec 2017 · 1 yr 3 mos

    • Manager | EMEIA Financial Services Advisory - European Actuarial Services
      Apr 2013 - Sep 2016 · 3 yrs 6 mos

  • Risk & Reserving Actuary at Amlin Re Europe
    Sep 2011 - Mar 2013 · 1 yr 7 mos

    Working directly with the CRO & Appointed Actuary, involved in the following subjects: - Solvency II and SST - Responsible Actuary Report - Monthly and Quarterly Reserving Process - Risk Assessment Process (ORSA) - Reinsurance Pricing (during renewal) - Cat Modeling (during renewal)

  • Senior Actuarial Analyst / Reinsurance Pricing Actuary at Allied World Assurance Company (Reinsurance)
    Jun 2010 - Sep 2011 · 1 yr 4 mos

    International Reinsurance Pricing Actuary, Property & Casualty Reinsurance Europe and Latin America - Development and implementation of Reinsurance Pricing Models - Pricing Analysis of European and Latin American Reinsurance Treaties - Development of Market Analysis / Benchmarks Data Base

  • Junior Actuarial Consultant at Towers Watson
    Nov 2007 - Jun 2010 · 2 yrs 8 mos

    Property & Casualty (General) Insurance Experience in: - Reserving - Economic Capital, Capital Modelling (SST, Solvency II) - London Market - M&As - Insurance company's process review Experience in markets: - Switzerland - Poland - UK - Germany - Scandinavia