Mark Hoffmann Email & Phone Number

New York, Ny, Us

Las Condes, Santiago Metropolitan Region, Cl

Conducted insurance structure reviews for high-profile corporate clients, identifying opportunities to optimize coverage and minimize risk exposure. Developed advanced tools in R to streamline and enhance efficiency of Risk Finance Analytics, driving faster, data-driven insights for more accurate decision-making. Partnered with clients to design primary and excess insurance program parameters, empowering them to make informed, strategic decisions that align with their risk management goals.

New York, Ny, Us

Designed and taught a variety of courses for MS Actuarial Science program such as a) P&C Basic Ratemaking & Reserving - an introduction to material from CAS Exam 5b) Stochastic Processes for Actuaries - option pricing with binomial and Black-Scholes model, Monte Carlo simulationc ) Multivariate Statistical Inference - matrix algebra, multivariate distributions, cluster analysis, PCA, GLM, coding of applications in R

New York, Ny, Us

Coordinated and supervised predictive modelling efforts for the Global Rate Harmonization project to price commercial property damage and business interruption within a consistent international framework. Collaborated with subject matter experts, modelers, actuaries, underwriters, claim adjusters, and analysts around the globe.• Spearheaded the advancement and development of Actuarial capabilities to identify the key drivers of underwriting performance and generate actionable insights, resulting in improved guidance.• Led design and implementation of a comprehensive Actuarial strategy for performance management, collaborating with executive team to build high-performing teams – fostering a culture of innovation focused on enhancing models.• Created efficiencies via continuous improvement and implementation of technologies to optimize Actuarial processes.• Initiated new ways to improve risk linkage between claims and exposures for highly granular predictive models. • Developed a new multivariate pricing model as well as class code level tools for AIG’s domestic guaranteed cost workers’ compensation portfolio by supervising a team of modelers, actuaries, and data scientists.• Led the successful Global Rate Harmonization project by coordinating and supervising predictive modeling efforts to price commercial property damage and business interruption. Led team of subject matter experts, modelers, actuaries, underwriters, claim adjusters, and analysts for 12+ months to develop new harmonized model approach. • Designed a model monitoring dashboard to track premium impact and risk profiles in real time. Initiated model migration to the AWS cloud computing platform. Produced pricing tools and insights for actuaries and underwriters across various lines of business including general liability, workers’ compensation, D&O, and commercial auto.• Trained and hired employees to prepare data, build models, and create visualizations for diverse audiences.

London, Gb

Established presence as lead actuarial modeler. Produced $1M in annual sales of custom modeling services. Delivered presentations on commercial lines predictive modeling topics at industry conferences (CAS Rate Making and Product Management Seminar).• Demonstrated exceptional leadership skills while maintaining quality and efficiency standards. Built a pipeline of potential leads for future modeling services, which proved successful in overcoming a shortage of projects.Continuation for EY• Applied actuarially sound approach to set loyalty program points liabilities by building a complex customer behavior model in SAS to predict credit card loyalty points utilization based on transactional history and underlying customer characteristics, resulting for well-received figures by a banking client seeking to evaluate accuracy of liability.

Provided actuarial consulting services to large, used advanced statistical analysis and risk assessment techniques to achieve goals.• Designed stochastic models to describe the variability of unpaid reserve estimates. Modified dynamic reserving tools to reflect reinsurance structures. Applied experience in conducting traditional actuarial reserve reviews.

Los Angeles, Ca, Us

Taught actuarial math courses MATH 172 & MATH 174, which are based on SOA/CAS Exam 2/FM and 3F/MFE.

Charlotte, Nc, Us

Built a multi-variable competing risk model for mortgage and credit card protection plans and submitted a patent application for this financial services model’s approach and design to the United States Patent and Trademark Office.• Developed a multi-variable competing risk model to estimate payouts on mortgage and credit card protection plans based on customer characteristics and economic indicators, amid concerns over profitability during 2008 economic crisis at BofA, resulting in plans remaining profitable, even under various economic stress scenarios. • Scored mortgage and credit card protection portfolios for inherent claim risk and studied the sensitivity of output parameters to changing economic conditions. Produced a stochastic loss forecasting tool with simulation component. Successfully converted core components of the monthly reserving process from Excel to SAS.

New York, Ny, Us

Actively led and participated in the assessment of catastrophe risk and the development of better reinsurance strategies.• Analyzed and researched internal economic capital models. Derived diversification benefits across different types of risk and multiple lines of business. Informed business decisions and strategies by innovating model capabilities.

Woodland Hills, Ca, Us

Developed multivariate pricing factors for Property Experience Rating Plan, which was used in 29 states.• Drove strategies and provided actuarial support for Illinois and Michigan Homeowners insurance rate reviews.• Met with state insurance regulators to deliver rate filings for the existing Property Experience Rating.

Phd, Mathematics

Diplom, Mathematics