John Burkett

John Burkett Email and Phone Number

Managing Director (Reinsurance Solutions Actuary) @ Aon
Atlanta, GA, US
John Burkett's Location
Atlanta, Georgia, United States, United States
John Burkett's Contact Details

John Burkett personal email

About John Burkett

Analytics Lead for Financial and Professional lines - Develop industry views around various FinPro focused actuarial metrics. Lead diverse team of actuaries ranging from recent graduates to FCAS, including five direct reports with multiple office locations. Collaborate with brokers and clients to identify, quantify, and customize efficient reinsurance solutions through actuarial methods for all lines of property and casualty insurance, with focus on cost, volatility, and capital. Derive independent view of reserves, pricing, and profitability to anticipate market view and advise clients. Reinsurance includes variety of treaty structures as well as loss portfolio transfers (LPTs), adverse development covers (ADCs), and other structured products. Emphasis on commercial casualty lines, especially FinPro lines. Assist with other client solutions including M&A due diligence, enterprise risk management, exposure management, captive solutions, generation of cash flow and other pro forma views. Collaborate as part of different international teams to develop and execute client solutions.Before Aon, I was at AXIS Capital for 8 years. First as the Global Quantitative Audit Director within Internal Audit, and later as the Head of Operational Risk within the ERM Group. Previously, I served as leader of the Deloitte-Bermuda actuarial department. I've had a number of different roles in both traditional and non-traditional actuarial, and risk related work. My favorite projects are intellectually challenging, collaborative, and involve creative problem solving.I am an FCAS, MAAA, CERA, and have a PhD in mathematics.

John Burkett's Current Company Details
Aon

Aon

View
Managing Director (Reinsurance Solutions Actuary)
Atlanta, GA, US
Website:
2041.com
Employees:
11
John Burkett Work Experience Details
  • Aon
    Managing Director (Reinsurance Solutions Actuary)
    Aon
    Atlanta, Ga, Us
  • Aon
    Managing Director (Reinsurance Solutions Actuary)
    Aon Sep 2018 - Present
    Greater Atlanta Area
    Team with brokers to identify, quantify, and customize efficient reinsurance solutions through actuarial methods for all lines of property and casualty insurance. Pricing of quota share, excess of loss, aggregate stop loss, loss portfolio transfers, adverse development covers, and other forms of risk transfer. Consulting for clients – due diligence, enterprise risk management, exposure management, pricing, reserving, and other client solutions.
  • Axis Capital
    Head Of Operational Risk
    Axis Capital Mar 2017 - Sep 2018
    Greater Atlanta Area
    • Provide needed operational support for business functions; address process and control gaps including response to ongoing transformation activities and integration of acquisitions. Direct risk assessments, maintain risk registers, evaluate and design controls. Work with business to identify operational events, then develop and track action plans that address process gaps. Maintain operational event database and report on events and progress with action plans.• Develop enterprise risk management reporting and deliver operational updates to the Risk Management Committee, Operational Risk Committee, and other forums. Work with risk owners to update Committee Charters, Risk Policies, and other Risk materials. Assist in responding to regulators including regulatory reporting.• Chair the Operational Risk Committee meetings. Develop meeting agendas, gather and develop materials needed to share and solve operational issues across the company and its risks. Participate in Management Audit Committee (MAC) meetings for both Insurance and Reinsurance. The MACs regularly meet to review management-initiated audit reports and broader operational issues.• Participate in ERM Integration Workstreams between AXIS Group and legal entities. Integration actions include risk policies, risk assessment framework, control certifications, risk event reporting process, Operational Risk Committee, and operational risk internal model parameterization. Participate in coordinated efforts between Risk Management, Internal Audit, and the Vendor Management Office to select and implement a new Governance Risk and Compliance (GRC) tool for use by Risk Management, Internal Audit, and Compliance to support the AXIS holding company as well as its member legal entities.
  • Axis Capital
    Global Quantitative Audit Director
    Axis Capital Aug 2010 - Feb 2017
    Direct audits that provide assurance with respect to the company’s major risk factors, including those with modelling or actuarial components. Examples include aggregation processes around credit, natural catastrophe, and terrorism; business planning; underwriting and pricing, claims handling, loss reserving; investments; foreign exchange; use of capital model; model governance, operational risk; corporate governance, company ERM framework; etc.Monitor large change activity projects and regularly report observations to audit committee and senior management. Examples include moving loss reserving function in-house from external consultants, moving towards compliance with Solvency II, Bermuda, and NAIC based regulation, and development of various in-house tools such as pricing platforms, the credit aggregation tool, and revamp of the company ERM framework.Cooperate with Risk Management to establish, document, and execute the AXIS three lines of defense approach to Internal Model Validation. Directed Internal Audit’s validation role as the third line of defence within the AXIS validation framework and worked independently with the Chief Risk Officers and Chief Actuaries. Generated regular assurance reports written for the Audit Committee and Boards. Testing was predominantly performed against the Economic Capital Model and its constituent models such as the loss reserving model. Hold quarterly meetings with senior executives including Chief Actuaries, Chief Risk Officers, and the Chief Investment Officer to maintain understanding of risks and projects within their respective areas.Assist with various Internal Audit functions such as development of an annual risk based audit plan and preparation of Audit Committee, Board, and AXIS Executive Committee materials. Speaker at 2013 and 2016 Enterprise Risk Management Symposiums
  • Deloitte - Bermuda
    Actuarial Department Leader
    Deloitte - Bermuda Aug 2006 - Aug 2010
    Hamilton, Bermuda
    • Direct Deloitte-Bermuda actuarial department consisting of three actuaries.• Analyze and provide conclusions regarding audit issues for captives and insurance companies. Focus on loss reserves with other issues included such as distribution of insured exposures, enterprise risk management, pricing, and evaluation of risk transfer for various insurance contracts. Analyses consider extensive range of insured exposures with a global geographic distribution under varied risk transfer mechanisms. Audit support clients include large SEC registered insurance and reinsurance firms.• Consulting projects including reserve studies and loss reserve opinions for captives and insurance companies. Performed assessment gap analysis for a large Bermuda reinsurer’s ERM program. Detailed the gaps between the current and desired state for each ERM competency. A road map was determined that detailed a process for closing all identified existing gaps.• Assisted Bermuda reinsurer evaluate different economic capital or capital management models. After taking the time to understand the client’s needs, assisted the client in developing a list of requirements, questions and requested demonstrations from prospective vendors.• Reviewed Bermuda reinsurer’s identification, evaluation and modeling processes for various risks including operational risks. Provided recommendations addressing the inclusion of additional risks, parameter selection for modeled risks, and the modeling of correlation between risks• Assisted the Bermuda Monetary Authority (“BMA”) by reviewing its definition of eligible capital and the definitions of the three tiers of eligible capital. Our review took place within the context of Solvency II developments, as the BMA intends to largely mirror Solvency II• Reviewed ERM documentation of several large Bermuda reinsurers within an audit support role. In addition to documentation, reviews included conversations with key personnel such as the CFO and CRO.

John Burkett Skills

Actuarial Science Mathematics Risk Management Enterprise Risk Management Holistic Risk Management

John Burkett Education Details

Frequently Asked Questions about John Burkett

What company does John Burkett work for?

John Burkett works for Aon

What is John Burkett's role at the current company?

John Burkett's current role is Managing Director (Reinsurance Solutions Actuary).

What is John Burkett's email address?

John Burkett's email address is j.****@****ail.com

What is John Burkett's direct phone number?

John Burkett's direct phone number is +67874*****

What schools did John Burkett attend?

John Burkett attended University Of Florida, University Of Florida, Palm Beach Atlantic University.

What are some of John Burkett's interests?

John Burkett has interest in Erm, Enterprise Risk Management, Risk Management.

What skills is John Burkett known for?

John Burkett has skills like Actuarial Science, Mathematics, Risk Management, Enterprise Risk Management, Holistic Risk Management.

Not the John Burkett you were looking for?

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.