Woolsey Actuarial Services Ltd is a private limited company through which actuarial contractor resource is provided by Bryan Woolsey. Bryan is a part qualified actuary working primarily in the life valuation sector, but with historic experience of general insurance reserving and claims analysis.
Recent roles have mainly involved development and testing of modelling applications for a number of large UK life assurers.
- Specification and testing of deterministic MoSes models for non-profit and with-profit annuity business.
- Migration of unit-linked life and pensions models from VIP to MoSes.
- Production of year-end valuations and FSA returns.
- Development and testing of deterministic unit-linked MoSes models to replace obsolete mainframe programs.
- Specification of management information requirements from new underwriting and claims administration system.
Actuarial Contractor (2004 - date)
Prudential plc (Jul 2006 - Jan 2009)
Specification and testing of new deterministic MoSes models, including data requirements, for non-profit and with-profit immediate and deferred annuity business. Functionality included Pillar I Peak 1 reserves, in-force and new business MCEV, asset shares, cost of bonus and USGAAP.
HSBC Life (Apr - May 2006)
Clearing backlog of updates to MoSes models developed during previous contract.
Ernst & Young (Jan - Mar 2006)
Member of year-end audit team for Resolution Life plc. Main responsibilities were investigation of the processes and controls surrounding production of the valuation data and Pillar I Peak 1 reserves.
Royal Liver Assurance (Oct - Dec 2005)
Updating deterministic and stochastic VIP models to allow for Treating Customers Fairly requirements.
HSBC Life (Feb - Sep 2005)
Migration of valuation models from VIP to MoSes. In particular, testing and reconciliation of embedded value, statutory reserve and USGAAP calculations.
Prudential plc (Oct - Dec 2004)
Generation and testing of grouped model points for input into stochastic MoSes asset-liability model as part of IPSB project.
Caseworker (2001 - 2004)
Pensions review work incorporating transfers, non-joiners and opt-outs. Prospective and actual loss assessments.
Endowment complaint handling incorporating decisions, calculations and offer letters.
Actuarial Student (1998 - 2001)
Scottish Amicable Life plc
Member of the Life Valuation team supporting the Prudential IFA business unit. Principal areas of work were statutory reporting, systems developments and file control.
Management Information Analyst (1994 - 1998)
General Accident Fire & Life Assurance Company plc
Member of Management Information team supporting the Commercial Lines underwriting department of the UK general insurance business. Principal areas of work included financial planning, IBNR reserving, profitability analyses and responsibility for the day-to-day MI needs of the Small Business unit within the department.
Latterly seconded to major project to replace several legacy admin systems with a single all-inclusive package. Responsible for specifying MI requirements from new system.
SOFTWARE & PROGRAMMING SKILLS
MoSes Testing - Advanced
MoSes Development - Intermediate
VIP - Basic
Excel - Advanced
Access - Advanced
Visual Basic - Intermediate
SQL Server - Intermediate
Tel: 07881 621296