Michael Bass

Michael Bass Email and Phone Number

Head of Capital Flood Re @ Flood Re
75 King William Street, City of London,London EC4N 7BE,United Kingdom
Michael Bass's Location
Oxted, England, United Kingdom, United Kingdom
Michael Bass's Contact Details

Michael Bass personal email

n/a
About Michael Bass

Qualified Actuary with over 20 years’ general insurance experience gained as a consultant for two leading actuarial firms and as part of an actuarial team at an European Insurer/Lloyds Syndicate. Michael has a variety of work experience covering both traditional and non-traditional areas of work.

Michael Bass's Current Company Details
Flood Re

Flood Re

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Head of Capital Flood Re
75 King William Street, City of London,London EC4N 7BE,United Kingdom
Website:
floodre.co.uk
Employees:
76
Michael Bass Work Experience Details
  • Flood Re
    Head Of Capital
    Flood Re Jan 2022 - Present
    London
  • China Re Syndicate 2088
    Head Of Capital Modelling
    China Re Syndicate 2088 Oct 2017 - Jan 2022
    London, United Kingdom
  • Chubb
    Head Of Capital Modelling
    Chubb Aug 2008 - Oct 2017
    In this role my work and responsibilities have included:o Being a key member of the team that worked on the development of the risk management framework and initial ICA capital model needed for the re-domestication of CICE to the UK in 2008; o Been instrumental in the development of the Chubb Europe’s capital model and related processes. This has included developing the methodology for a number of key elements in the capital model itself as well as the… Show more In this role my work and responsibilities have included:o Being a key member of the team that worked on the development of the risk management framework and initial ICA capital model needed for the re-domestication of CICE to the UK in 2008; o Been instrumental in the development of the Chubb Europe’s capital model and related processes. This has included developing the methodology for a number of key elements in the capital model itself as well as the model’s change control/governance framework and parameterisation approach &related tools;o Leading the approval of Chubb’s Syndicate 1882 model with Lloyds of London;o Leading the annual Solvency Capital Requirement (SCR) process for Chubb’s Syndicate 1882 including communication of the results to the board and other key stakeholders;o Been a key member of the team that worked on the development of the validation framework and process for Syndicate’s 1882 capital model. This included development of an online tool for recording validation results and action tracking. Currently leading the actuarial involvement in the annual validation process for Syndicate 1882’s SCR;o Lead the model use for Syndicate 1882 including capital allocation, monitoring of RATS and reinsurance efficiency;o Providing Board training on a variety of subjects related to the capital model for both CICE and Syndicate 1882; Show less
  • Chubb
    Speciality Lines Actuary
    Chubb Mar 2004 - Aug 2008
    Actuarial lead for the European Chubb Speciality lines business (D&O,E&O, EPL, Fiduciary & Fidelity/Crime). In this role my work and responsibilities included both Pricing and Reserving areas of work as well as reinsurance:o Acted as lead for the Quarterly reserve reviews for the Speciality line of business . This included communicating results to senior business leaders and Chubb in the US;o Assessing the claims equalisation reserve load needed for the Chubb Swiss… Show more Actuarial lead for the European Chubb Speciality lines business (D&O,E&O, EPL, Fiduciary & Fidelity/Crime). In this role my work and responsibilities included both Pricing and Reserving areas of work as well as reinsurance:o Acted as lead for the Quarterly reserve reviews for the Speciality line of business . This included communicating results to senior business leaders and Chubb in the US;o Assessing the claims equalisation reserve load needed for the Chubb Swiss Branch to meet Swiss Regulator’s reporting requirements.o Supporting the business head with the actuarial aspects of any strategic decisions involving the business;o Leading the annual portfolio reviews for all Speciality lines of business. Worked with claims and underwriters to decide on the future direction for each lines of business;o Developing quarterly Management Information and Report on portfolio performance;o Supporting the development of an underwriting exposure management tool & related MI. This also included working with the underwriting team to ensure data quality within the tool. Show less
  • Oliver Wyman
    Actuary
    Oliver Wyman Mar 2001 - Apr 2004
    London, United Kingdom
  • Bacon & Woodrow
    Consultant
    Bacon & Woodrow Dec 1996 - Mar 2001
    Epsom

Michael Bass Skills

Reserving

Michael Bass Education Details

Frequently Asked Questions about Michael Bass

What company does Michael Bass work for?

Michael Bass works for Flood Re

What is Michael Bass's role at the current company?

Michael Bass's current role is Head of Capital Flood Re.

What is Michael Bass's email address?

Michael Bass's email address is mi****@****bbfs.nl

What schools did Michael Bass attend?

Michael Bass attended University Of Southampton.

What skills is Michael Bass known for?

Michael Bass has skills like Reserving.

Who are Michael Bass's colleagues?

Michael Bass's colleagues are Sarah Cutress, Shirel Stedman, Sara Robaty Shirzad, Phd, Jigar Patel, Paul Mcgrath, Fcca, Afm, Garvit Inani, Adam Lehat.

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