Sandra Vilchis Bernal Email & Phone Number

Mexico City, Mexico

Mexico City, Mexico

– Direct all actuarial processes in compliance with local regulation and Allianz Group guidelines.– Lead the actuarial implementation of IFRS17 and IFRS9.– Supervise the reserves valuation under local regulation and IFRS17/9, including the designof methodologies that require regulatory and Allianz Group approval.– Responsible of product actuarial pricing and filing before the regulator.– Lead the design and implementation of actuarial and financial cash-flow models.– Responsible of the calculation of performance metrics for products and portfolios.– Direct the own-experience studies (mortality, morbidity, lapse, partial withdrawals, premiumsuspension rates, etc.) for cash-flow forecasting.– Responsible of the dynamic solvency testing.– Supervise the calculation of regulatory maximum retention limit.– Collaborate with the Chief Risk Officer in the calculation of the solvency capital requirementand asset-liability management.– Lead the development of actuarial models for the company’s business plan projections.– Responsible of management and negotiation of reinsurance contracts.– Coordinate the design of reinsurance schemes.

Mexico City, Mexico

– Designed internal technical policies to be adopted by local actuarial areas at each countrywhere BBVA Group is present.– Coordinated the calculation of the embedded value of BBVA’s portfolios and potentialmergers & acquisitions.– Supervised the accuracy and sufficiency of technical reserves for inforce portfolios by country,considering local and corporate policies.– Standardized methodologies and tools for technical reserves calculations worldwide.– Advised on the optimization of technical results of BBVA’s insurance products.– Coordinated new product development by country.– Collaborated with Corporate Risk area to accurately measure risks assumed by BBVAGroup.– Coordinated the participation, compliance and synergies among technical areas in the SolvencyII project for Spain, Mexico and Chile.– Provided consulting support to local actuarial areas in extraordinary tasks such as: biddingand mergers and acquisitions, internal and external audits.– Participated as an active member of the G8 group at the Mexican Association of InsuranceCompanies (AMIS), appointed to represent the insurance industry before the regulator andlobby the new insurance law and its secondary regulation.

Mexico City, Mexico

– Directed the Solvency II project, involving all corporate areas, and reporting to the executivecommittee and to New York headquarters about the AMIS project and the newMexican regulation, maintaining constant discussion with them in regards to the implementationof Solvency II in Mexico, and synergies with European affiliates.– Led the team in charge of actuarial models and experience studies to calculate reserves andcapital requirements under the new Mexican regulation (Solvency II).– Participated actively in the AMIS Solvency II project, supplying study, analysis, evaluation,opinion, discussion, and contrasting with the implementation of economic capital, allowinga pro-active participation of the company in the decision-making process of AMIS andnegotiations before regulatory authorities.– Conducted feasibility studies of social security annuity business under the latest regulatoryparameters: analysis of regulator’s proposal, impact sensitivities, opinion formulation,discussion and negotiation with regulatory authorities, presentation of results and recommendationsto the executive committee.– Directed the appraisal value project for all company portfolios, improving processes andcontrols, thus streamlining communication with New York headquarters.– Improved processes, controls and accuracy of the AFORE pricing book, saving time andfacilitating profitability analysis and evaluation.– Coordinated the Staff meetings to the CEO.

Mexico City, Mexico

– Directed the implementation of the economic capital model for assumed risks, placing thecompany at the forefront of internal model application under the new insurance regulation.– Redesigned and improved processes and controls of USGAAP and statutory valuations forindividual life, private pensions, social security annuities and AFORE portfolios, leadingto a 90% reduction in fines and errors in external and internal audit judgments.– Restructured the loss recognition & recoverability test for New York headquarters, significantlyimproving processes, controls and parameters support, producing faster and moreaccurate results.– Innovated in mortality studies by applying bayesian statistics, obtaining a more reliablesupport of the mortality parameters to be used in liability forecasts.

Mexico City, Mexico

– Developed third party buy-sell valuation projects maintaining the company’s leadershipand specialization in these transactions.– Produced feasibility and profitability studies for new insurance carriers, and in cases ofpositive results, companies were successfully created.– Pioneered the use of ALFA actuarial software in Mexico, implementing various productsfor leading companies in the insurance business, and trained their personnel in the usethereof, leading to further consolidation between the provider of the software (Milliman)and Grupo T´ecnica.– Developed technical notes for products in life, pensions and property & casualty for majorinsurance carriers.– Audited social security annuities and individual life portfolios.

Mexico City, Mexico

– Developed and implemented stochastic valuation methods for contingent liabilities, improvingtraditional methodologies.– Implemented Visual Basic as a fundamental tool for development of actuarial projects,leading to more detailed analysis of results with the use of statistics and graphics, inaddition to the automation of various processes.

Mexico City, Mexico

– Designed and implemented software for reserves valuation and forecast of the social securityannuities business, sold to major companies in this field.– Trained and provided technical support for companies that bought the software, consolidatinga portfolio of clients.

Master In Actuarial Science, Actuarial And Statistics, 9.45/10

GPA: 9.45/10. Thesis: Solvency Requirement in Mexico: A Methodological Revision.

Data Science Specialization

Licenciatura En Actuaría, Actuarial, Estadística, Probabilidad, 9.85/10

Titulada con mención honorifica, promedio: 9.85/10, medalla Gabino Barreda.

Maestría En Seguros Y Administración De Riesgos, Actuarial, Insurance, Risks, 50% Of Credits