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

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

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