Erik Ooi Email & Phone Number

Toronto, Ontario, Canada

Toronto, Ontario, Canada

• Performed experience studies related to overall profitability of the Basic Life and Waiver of Premium blocks of business• Owned the process of allocating LICAT capital to the policy-level for use across the Group Benefits Pricing teams.• Supported data-driven financial reviews of product initiatives and ad-hoc pricing projects by providing insights and metrics to senior leaders and partners in Underwriting.• Initiated deep-dive reviews of the Life and Dental predictive models in collaboration with external consultants.• Attracted new talent to the organization by serving as a representative in Campus Recruiting events, and interviewed candidates for full-time actuarial positions.

Toronto, Ontario, Canada

• Led the development of customized quotations and intellectual capital.• Managed the team’s timeline to ensure the accurate and timely delivery of group annuities.• Communicated with pension consultants and plan sponsors to clarify various pricing issues and considerations for payout annuity and longevity insurance purchases.• Stayed abreast of market longevity trends and regulatory changes that may impact existing pricing initiatives.• Supported the pricing and profitability reviews of existing products in accordance with the product design and pricing approval process.• Collaborated with internal stakeholders to support the development and design of new products.• Designed, maintained, and improved pricing models.• Provided analytical and technical support to group annuity administration.

• Assisted in the completion of Plan VNB by assessing VNB documents submitted by various business groups for completeness• Oversaw the model governance process by ensuring that models owned by GRS are compliant with MEUC guidelines• Completed the annual GRS compliance documents for Fraud Risk Assessment and AML/ATF

Waterloo, Ontario

• Supported the implementation of new products in AXIS by validating and reconciling projections.• Ran Quarter-End processes to quantify reserve changes and new business gains.• Analyzed and implemented assumption changes in valuation models to reflect current experience.• Participated in the dividend scale change process to increase competitiveness within the industry.• Reconciled critical illness and death benefit amounts to produce actual-to-expected ratios.• Constructed LICAT overrides in valuation models to quantify the impact of various shocks.• Spearheaded the AXIS Version Upgrade project on all valuation models that involved structuralchanges to mortality tables.