Richard M. Kim, Fsa Email & Phone Number

Boston, Massachusetts, United States

Modeling, Actuarial• Oversight of MG-ALFA model for block and flow reinsurance deals and pension risk transfers (PRTs)• Lead a team of 4 actuaries and manage their day to day work• Work closely with Reinsurance Pricing Team and Valuation Team to onboard newly acquired deals• Support for valuation and model production for US GAAP, US Statutory, Bermuda EBS, andUS asset adequacy analysis• Lead in model remediation/enhancement projects to improve the various models• Other actuarial support and research to improve models and model control structure

Pembroke, Bermuda

Pricing, Actuarial• Build and maintain detailed actuarial models to illustrate and analyze profitability of existing and potential reinsurance transactions• Produce analysis, including sensitivity testing to ensure pricing meets internal profit targets and risk management criteria• Assist in the monthly rate setting analysis for existing clients for both new and renewal business• Maintenance and documentation of actuarial assumptions, pricing standards and models• Tracking and reporting experience on actuarial assumptions to provide a validation to current pricing assumptions and emerging profitability trends on existing business• Analyzing and critiquing client company pricing assumptions and methodologies• Interacting with investment and risk managers to appropriately construct and implement investment portfolios for use in pricing• Participating in negotiating and developing reinsurance contracts• Integrating pricing models and assumption into the inforce reporting process.

West Des Moines

Inforce Product Management, Actuarial• Set annuity renewal rates and recommend rate actions to executives and product committee for approval each month• Managed annuity renewal rates to meet business profit requirements• Sponsored and lead Inforce Product Management projects to fix/enhance admin systems• Investigated and quantified financial impact on new inforce product issues, work with various departments to resolve issues• Lead a project to convert Fair Market Value calculation to a Third Party Administrator

Policy Audit, Enterprise Risk Management• Audited calculations of actuarial reserves and related financial reporting results from MG-ALFA, ARCVAL/CASE actuarial models• Built tools to replicate MG-ALFA, CASE model results, calculated financial reporting items by first principles through research of accounting standards and actuarial guidelines• Reported audit findings and methodology issues to stakeholders through written and oral communication• Assisted in development of MG-ALFA actuarial models for model validation

• Fulfilled two-year mandatory military service requirement

• Programmed, developed, and reviewed actuarial models• Created automated processes to assist in reporting efficiencies• Assigned and delegated work to actuarial assistants and interns, reviewed and analyzed their work• Trained and coached actuarial assistants and new hires

• Assisted the actuarial consultants with actuarial valuations and financial reporting• Managed and coordinated actuarial assistants work to ensure projects are completed efficiently and on time• Responsible for review of all work prepared by actuarial assistants

• Assisted actuarial analysts with actuarial valuations and financial reporting• Developed several Excel macro programs for the actuarial group

• Assisted Prof. Simon with Topology, in particular knotting and tangling of filaments• Extensive Excel use to assist with research projects• Prof. Simon presented parts of my research at American Mathematics Society Conference