Thorsten Pfeiffer Email & Phone Number

Basel Area, Switzerland

•Market consistent valuation•Standard model development•Risk assessment (all types of risk)

Central Europe

Zürich Area, Switzerland

Responsible for:•Valuation and risk standard model development, joint project with CRO working group•Risk assessment of insurance groups, including systemically important insurers•Conducting reserve reviews •Approving appointed actuaries•Member of FINMA’s approving committee on the SST: internal models, solvency and market consistency methodology

Responsible for:•Building and managing a team of actuaries•Assessing reserves of life, non-life, health and reinsurance firms•Spearheading the creation of internal model development and approval thereof•Leading role in- understanding scarce data: scenario design and stress test analysis- Solvency II equivalence assessment- coaching the jurisdiction’s actuaries towards risk based supervision•Developing and implementing standard setting in - quantitative risk management and market consistent valuation- financial market risk and group solvency including D-SIIs and G-SIIs•Swiss representative in different working groups of the IAIS- major contributions to the development of valuation and capital standards in ICP 14, 15, 16 & 17- participation in the development of capital standards for G-SIIs and IAIGsSuccess: SST is now a "state-of-the-art solvency system, ahead of any jurisdiction" (IMF)SST is now equivalent to Solvency IIFINMA is now the leading supervisory authority in risk based solvency

Responsible for:•Creating an actuarial team to develop and implement the Swiss Solvency Test (SST), a state of the art solvency system•Reviewing and approving internal models & signing off their methodology •Conducting risk dialogue on SST reports and findings •Contributing talks and performing workshops on the SSTSuccess:FOPI has now a brilliant team of actuariesRisk based solvency is now implemented in Switzerland & largely accepted by the actuarial communityRisk dialogue with companies is now daily business in Switzerland

Team ManagementInternal Control SystemProduct / Marketing CompliancePolicy Provisions

Responsible for:•Providing longevity solutions for globally active clients•Developing and marketing of primary and reinsurance products•Consulting primary companies including optimizing their capital structure•Working with clients, understanding their needs, creating win-win-situations and profitable productsSuccess:Priced the first longevity swaps ever and placed them in the marketGeneral Electric Summit Award for operational excellence