Jack Kerbeshian, Fsa, Maaa Email & Phone Number

Minneapolis, Mn, Us

Greater Minneapolis-St. Paul Area

Executive team member reporting to the CEO focusing on Product Management which includes new product development and in-force management. Head of Actuarial department.

Greater Minneapolis-St. Paul Area

Greater Minneapolis-St. Paul Area

Greater Minneapolis-St. Paul Area

A leading, national professional services firm dedicated to providing exceptional regulatory services to clients.• Successfully performed multiple Risk Focused Examinations of high-profile insurance companies for state insurance departments including New York Examinations. This involved reviewing and evaluating the insurer’s business processes and controls, including the quality and reliability of corporate governance and assistance in assessing and monitoring their current financial… Show more A leading, national professional services firm dedicated to providing exceptional regulatory services to clients.• Successfully performed multiple Risk Focused Examinations of high-profile insurance companies for state insurance departments including New York Examinations. This involved reviewing and evaluating the insurer’s business processes and controls, including the quality and reliability of corporate governance and assistance in assessing and monitoring their current financial condition/prospective solvency• For mid-sized insurance company audits, provided expert actuarial support review (examples: asset adequacy analysis, applicable reserve memorandums, actuarial assumptions, reserve trends, dynamic validations, reinsurance analysis, interviews of company actuaries, and annual statements)• Co-authored four SOA published research papers: Accelerated Underwriting (2018), Behavioral Science (2019), Yield Curve Extrapolation (2019), and Simplified Issue Underwriting (2020)• Consulted on a wide variety of complex projects. Led one project that enabled the client to reduce reserves by over $50 million Show less

Greater Minneapolis-St. Paul Area

A fraternal association that helps keep families financially secure by offering affordable life insurance and annuity products.• Leadership team member who helps direct the development and execution of a new strategic plan that embeds mission, vision, and values throughout the organization• Successfully built multiple business case projection scenario models and effectively communicated outcomes to Executive team and Board of Directors• Advisor to the Board of Directors on… Show more A fraternal association that helps keep families financially secure by offering affordable life insurance and annuity products.• Leadership team member who helps direct the development and execution of a new strategic plan that embeds mission, vision, and values throughout the organization• Successfully built multiple business case projection scenario models and effectively communicated outcomes to Executive team and Board of Directors• Advisor to the Board of Directors on actuarial information which aids in their effective governing of the organization• Manage profitability of in-force block of business consisting of over $200M in assets. Implemented reinsurance solutions to manage volatility Show less

Minneapolis, Mn

Proven actuarial leader successful at leading projects and initiatives. • Successfully performed reinsurance audits for Altair Associates including gathering of data, sample selection, issues communication and writing of audit reports • Consulted with the City of St. Paul regarding union overtime – created projections, communicated results, and developed workbook model tool for future use

Bloomington, Mn

Health Plans, employer groups, and nearly 20 million members nationwide look to Prime Therapeutics every day to make a difference in the quality, cost, and management of their prescription drug benefits.• Successfully created new Financial Risk Management department‘s risk assessment models, mitigation, tracking, analysis, communications and recommendations for Prime Therapeutics• Designed and implemented a new model that helped attain 4 new targeted employer groups; representing… Show more Health Plans, employer groups, and nearly 20 million members nationwide look to Prime Therapeutics every day to make a difference in the quality, cost, and management of their prescription drug benefits.• Successfully created new Financial Risk Management department‘s risk assessment models, mitigation, tracking, analysis, communications and recommendations for Prime Therapeutics• Designed and implemented a new model that helped attain 4 new targeted employer groups; representing 40% of total targeted groups during the first 12 months• Improved company reputation by increasing the number of financial guarantees offered by 66%• Quantified forecasting accuracy resulting in a migration from corporate conservatism and over aggressiveness to a more balanced posture - this new positioning allowed Prime Therapeutics to capture larger and more profitable opportunities• Performed modeling of trend forecasting breaking down cost trends to utilization, inflation, and mix of business Show less

Minneapolis, Mn

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals.• As Financial Reporting Manager, finished the full development of the department and increasing the staff by 100% as well as establishing the plan, procedures, models, analysis, reports, and deliverables• Presented the monthly/quarterly/annual Life and LTC financial results including GAAP/Stat/IFRS income… Show more Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals.• As Financial Reporting Manager, finished the full development of the department and increasing the staff by 100% as well as establishing the plan, procedures, models, analysis, reports, and deliverables• Presented the monthly/quarterly/annual Life and LTC financial results including GAAP/Stat/IFRS income statements. Adhered to SOX controls• Modeled an onshore captive reinsurance solution generating $150M in surplus relief - Won Achievement Award• Lead the process of Cash Flow Testing/Asset Adequacy Analysis, Embedded Value, Embedded Derivative and DAC Unlocking modeling Show less

Minneapolis, Mn

• Led a team that helped raise the ongoing Capital Investments to continue the growth in the Life and LTC Business units - Won Achievement Award

Minneapolis, Mn

• Created proposals that annually generated over $30 billion of production (from 40 proposals to the world’s largest insurance companies) for Allianz Re which accounted for over 50% of the total corporate reinsurance• Priced the proposals to increase return on equity to 16% from the corporate average of less than 15%• Responsible for largest, most strategic, and complex corporate relationships - one reinsurance proposal generated in excess of $6 billion in production - the proposal… Show more • Created proposals that annually generated over $30 billion of production (from 40 proposals to the world’s largest insurance companies) for Allianz Re which accounted for over 50% of the total corporate reinsurance• Priced the proposals to increase return on equity to 16% from the corporate average of less than 15%• Responsible for largest, most strategic, and complex corporate relationships - one reinsurance proposal generated in excess of $6 billion in production - the proposal integrated 12 discrete insurance plans into a single proposal - Won Achievement Award Show less

Los Angeles, Ca And Minneapolis, Mn

Mercer is a global consulting leader in talent, health, retirement, and investments. • As a defined benefits actuarial analyst, performed the valuation results, created the required government forms, produced benefit calculations, communicated results to the consultants, and successfully consulted with clients• #1 producing analyst based on annual billings• Actuarial Departmental trainer for an innovative Retirement Valuation System

Ba, Information Management

Foundation For Actuarial Exams - Dept Of Math