Résumé (Download in PDF)

Creative and execution-oriented insurance executive who thrives in an entrepreneurial business environment

Professional Experience

American International Group, New York City, November 2012 - Present

Head of Property & Casualty Deals, Fortitude Re, August 2018 - Present

Lead a team of actuaries and analysts in the structuring, pricing, and execution of P&C portfolio acquisitions

Developed a capital redeployment engine for capital-constrained insurers in cooperation with regulators

Head of P&C Inforce Management, General Insurance and Legacy, March 2017 - August 2018

Led a team of actuaries in structuring and negotiating retroactive reinsurance solutions for P&C portfolios

Identified and quantified the effect of economic and societal drivers on inter-state loss cost differences in commercial auto, incl. trucking

Head of P&C Inforce Management, Legacy, March 2016 - March 2017

Led a team of actuaries in structuring and executing the AIG - Berkshire Hathaway Adverse Development Cover, coordinating work streams across actuarial, claims, finance, investments, legal, and risk functions

Head of Group Benefits / Head of Global Disability Pricing Standards and Strategy, March 2015 - March 2016

Delivered operational cost savings in restructuring AIG’s Group Benefits business

Implemented an exit solution for a regulatory-sensitive line of insurance

Head of Actuarial Econometrics / Head of Innovative Actuarial Models, January 2014 - March 2015

Led a team of actuaries, claims executives, and data scientists in conceptualizing and implementing a machine-learning based workers’ compensation claims settlement strategy resulting in substantial measurable savings

Developed an econometric multi-state model to quantify redundancies and deficiencies in workers’ compensation bureau loss cost trends

Director Casualty Risk, November 2012 - January 2014

Led an actuarial risk management team in the quantification of P&C underwriting and reserve risk factors for the Federal Reserve stress test

National Council on Compensation Insurance, Boca Raton, September 2004 - October 2012

Director and Senior Economist, August 2005 - October 2012

Directed a team of workers’ compensation actuaries in quantifying the effects on loss costs of legislative action, variations in economic activity, and changes in demographic conditions

Worked with state regulators in securing acceptance for advanced actuarial models of loss development and loss cost trends

Senior Economist, September 2004 - January 2005

Trained actuarial staff in structural models of workers’ compensation loss cost trends

Federal Reserve Bank of St. Louis, October 1997 - August 2004

Senior Economist

Advised the Bank President on macroeconomic and financial markets conditions in preparation to FOMC meetings

Performed research on financial markets, financial institutions, and monetary policy

Education

Post-doc (Dr. habil.) Finance, Universität Lüneburg, Germany, 1996

Doctorate (Dr. rer. pol.) Economics, Universität Lüneburg, Germany, 1991

Dipl.-Volkswirt (equivalent to M.A. Economics), Universität Göttingen, Germany, 1988

Vordiplom (equivalent to B.A. Economics), Universität Heidelberg, Germany, 1985

Academic Appointments

Auckland University of Technology, New Zealand, January 2005 - July 2005

Associate Professor of Finance

Universität Lüneburg, Germany, May 2002 - April 2004

Extraordinary Professor of Finance

Goethe-Universität Frankfurt, Germany, October 2002 - March 2003

Visiting Professor of Finance

The Wharton School, Financial Institutions Center, Philadelphia, July 1995 - June 1997

Senior Research Fellow, sponsored by Deutsche Forschungsgemeinschaft

Freie Universität Berlin and Humboldt Universität zu Berlin, Germany, July 1994 - June 1995

Post-doc Scholar, sponsored by Deutsche Forschungsgemeinschaft

The Wharton School, Finance Department, Philadelphia, September 1993 - June 1994

Visiting Scholar

Universität Wien, Vienna, Austria, July 1991 - February 1994

Assistant Professor of Financial Services