In Memory of David M. Holland, FSA, MAAA
David M. Holland, FSA, MAAA passed away on April 12, 2017 at age 70 due to complications of pancreatic cancer. Holland was highly respected by all who knew him, and regarded as a friend by many. His death is a great loss to the actuarial world and he will be grieved by his family and many friends.
Holland was born in Atlanta and grew up largely in the suburb of Mableton, Ga. He lived all his life in the metro Atlanta area and he enjoyed being able to say that he was from Atlanta, while he traveled internationally throughout his career.
Holland received his Bachelor of Arts (1967) and his Master of Actuarial Science (1969) degrees from Georgia State University (GSU). He spent the majority of his career working for Munich American Reassurance Company in the U.S. home office of MARC Life in Atlanta, Ga, where he worked for 38 years until his retirement.
In the early years he progressed through the normal actuarial roles to senior vice president. He became President and CEO in October 1987 and held these positions until his retirement in January 2008.
Munich Re, the parent company of MARC Life, is a German company and one of the largest insurance organizations in the world. Munich Re provided a translation facility for Holland for a few years after he was appointed to the Main Board (which met in Germany), but they concluded pretty soon that his German was good enough and thereafter he participated in the meetings in German.
Holland served as President of the Society of Actuaries (SOA) from 1996 to 1997, a four year assignment progressing through President Elect, President, Past President and Penultimate Past President.
He was very involved at the SOA and he volunteered in a multitude of roles, including the Education and Exam Committee in the 80’s, vice president of the Board of Directors (1990), chair for the Committee on Strategic planning (1996), and chair for the Executive Committee (1997), to name a few. He was also a speaker at SOA events such as ReFocus in 2007.
Holland and his wife Faye enjoyed continued association with a group of members from the Education and Exam Committee through wonderful travels over the past 10 years.
Holland was a member of the American Academy of Actuaries and served on its Board and its Nominating Committee. He was also a member of the Council of Presidents of the North American actuarial associations.
Holland’s dedication and abilities drew him to sit on or serve as chairman for other boards as part of the insurance profession including LOMA, the ACLI, and the Actuarial Foundation. His desire to serve on other boards were exemplary of his desire to support the actuarial profession.
He was pleased to meet and work with the newer actuaries, either from the SOA Fellowship Admissions Course, or various other programs such as were conducted through GSU. He continued to work with the GSU Risk Management Foundation.
His family, church life and his love for music were where he spent his time off. He became a part of assorted musical groups throughout the city. During college and shortly thereafter he was a part of the Atlanta Community Orchestra in the woodwinds section. He enjoyed being a part of several choral groups into recent years.
Holland loved his family and was devoted to his wife Faye. They enjoyed 45 years of marriage. Their sons John Holland ( Boston, MA ) and James Holland and wife Emily (Fair Oaks, CA ) have been sources of much pleasure and interaction over these years. Many trips, church activities and shared musical endeavors bonded them all together.
Holland and Faye met during church meetings at the Decatur Church of Christ (now known as Northlake Church of Christ in Tucker, Ga.) and have both been very much involved in that ministry throughout their lives. Holland served from time to time as a teacher, deacon, and later as an elder (2006-2014). He served terms on the board of Predisan a medical missions in Catacamas, Honduras ( predisan.org) and supported other programs in Atlanta such as Georgia Agape ( georgiaagape.org).
David Holland was a wonderfully kind, gentle and genuine man who will be missed by all who came in contact with him.
A worship & memorial service was held at Northlake Church of Christ on April 15, 2017.