Daniel Wan Email & Phone Number

Newark

Annuity Financial Modeling - Lead on GGY annuity modeling• Lead FIA model build MDLC project – Successfully implement FIA annuity valuation model which helps valuation team assess financial results and risk metrics more accurately. FIA is newly launched product line within annuity business and is expected to become major business driver in next couple of years.• Manage valuation model for the block of fix annuity business and GLWB rider type of retirement product; • Lead the weekly annuity model enhancement meeting with Moody and work with GGY on implementation of annuity model requirements • Involved in model converge from in-house valuation model into AXIS GGY model. Provided modeling and product expertise while working with Oliver Wyman consultants. Annuity modeling team successfully completed model converge.• Collaborated with annuity valuation team, annuity assumption team to complete major business initiative on baselining Variable annuity Living Benefit valuation model which is used to calculate FAS157/FAS133 living benefit rider reserve.• Implemented prudential new hedge strategy in annuity in-house VA model• Provided key annuity modeling support on annuity annual assumption updates, NYSC and AAT requirements

West Chester, Pa

Manage all aspects of variable annuities reserve adequacy testing, net amount at risk and cash flow scenario analysis for a block of variable annuities with account value in excess of $40 billion; Report quarterly risk metrics on time and without any incidents; Perform analysis of hedge projections for financial metrics; Implement strict reporting control process and prepare necessary testing and control documentation; Support Delta and Rho Hedge Analytic reporting;

West Chester, Pa

Participated with financial modeling team and successfully implemented in-house nested stochastic liability projection system; Updated the system to project hedge cash flow which were used for various financial metrics; Performed analysis of projected Greeks on an on-going basis as a production control; Managed actuarial projection systems and implemented required model changes on annual assumptions unlocking process

West Chester, Pa

Life Financial Reporting and Valuation Department

West Chester, Pa

Annuity Product Development - Annuity Pricing - VA,FA , EIA and SPIA

ALM in Fix Annuity