Mitch Stephenson Email & Phone Number

Washington, District Of Columbia, Us

Led first-line of defense enterprise model governance function in performing compliance checks with model risk regulatory requirements, standing up an artificial intelligence program management office, and creating a shared services technical writing function by hiring strategically, re-orienting the team as stakeholder points of contact, and releasing consultants, leading to on-time closure of action items related to three Matters Requiring Attention, a significant increase in employee survey results, and a decrease in year over year budget despite growth in team personnel.

Newark, New Jersey, Us

Led Actuarial risk and controls team in driving actuarial-wide compliance with model, operational, business continuation, privacy, and third-party risk requirements by hiring strategically, cross-training team members, and aligning with stakeholders leading to the highest net promotor score in the function, process improvements that freed up ~10,000 hours of annual people time, and implementation of FASB Targeted Improvements controls.

Newark, New Jersey, Us

Led cross-site, matrixed team by acting as a representative with risk and control partners (including Internal/External Audit, Model Risk, and Operational Risk) and documenting new processes, resulting in compliance with all model risk requirements and the implementation of a new model development life cycle.

Newark, New Jersey, Us

Built a new team by recruiting, hiring, and training staff, leading to successful testing, affirmation, and implementation of required model risk activities for Retirement Pension Risk Transfer, Stat/GAAP Valuation, Stable Value, and Forecasting models.

New York, Ny, Us

Created new process, generated output, and analyzed results by developing a new model output reporting process for Required Capital calculations, Actuarial Guideline 43 reserves, Asset Adequacy Testing, Market Consistent Liabilities, Embedded Value, and additional metrics, leading to automated tracking of deliverables and improvement in team performance metrics.

New York, Ny, Us

Established team, coordinated with metric owners and senior management, and drove assumption changes for Retirement and Fixed Annuities by performing detailed experience studies, identifying key drivers, and implementing more granular assumptions, leading to $50m impact.

Amsterdam, North Holland, Nl

Created actuarial memorandum, set strategy, and led product development process by working with contract teams, addressing regulator questions, and ensuring compliance with requirements to drive successful contract re-filing across multiple product lines.

Amsterdam, North Holland, Nl

Implemented target market strategy by partnering with sales teams, identifying most profitable business, and enforcing pricing discipline, achieving both sales and profitability goals for the first time in many years.

Amsterdam, North Holland, Nl

Improved and automated process to analyze monthly experience and update assumptions by building out logic, setting up appropriate controls, and documenting the procedure, resulting in a consistent, repeatable, and faster monthly process.

Amsterdam, North Holland, Nl

Implemented internet-based pricing tables by generating model output, testing scenarios, and estimating sales mix, eliminating manual underwriting for most small and mid-market sales.

Amsterdam, North Holland, Nl

Performed reporting for statutory and GAAP reserves by building logic, analyzing trends, and creating sample cell calculations to gain management sign off on reported results.

Bloomfield, Ct, Us

Supported Retirement clients by partnering with Enrolled Actuaries, data analysts, and plan managers to drive completion of actuarial valuations, government filings, and plan termination estimates.

Bloomfield, Ct, Us

Drove successful business strategy by reconciling plan data, communicating with sponsors, and prioritizing according to client needs to convert a top client from the “at risk” to the “reference” list.