Sheila Burns, FSA, MAAA
Eileen Burns is a consulting actuary with the Seattle office of Milliman, where she has worked for the past 5 years, specializing in predictive modeling. Eileen managed Milliman’s first industry level study of variable annuity policyholder lapse behavior using predictive modeling. The project combined 117 million policy records to investigate the drivers behind policyholder behavior at a much finer degree of accuracy than in a typical experience study. The study aimed to set the standard for data preparation and for presentation of predictive modeling results. She and her team recently completed a similar study on fixed annuity policyholder behavior for a single client company. She has spoken at many industry meetings on topics associated with predictive modeling, including describing available mathematical forms, how to incorporate the results into assumption setting, and describing how to leverage predictive models to inform stochastic liability projections.
Outside of predictive modeling, Eileen’s work at Milliman has focused on fixed and indexed annuity reporting and valuation, and supporting buy side merger and acquisition projects. At AXA Equitable she focused on life products, including managing a transition between projection systems for six lines of business. Eileen holds a Master’s degree in Quantitative Ecology and Resource Management from the University of Washington, where she specialized in mathematical optimization (a modeling technique commonly used in construction of replicating portfolios), while also receiving advanced training in theoretical and applied statistics.
Jean-Marc Fix, FSA, MAAA
Vice President, Research & Development
Optimum Re Insurance Co
Jean-Marc is Vice President, Research & Development for both Optimum Re Insurance (US) and Optimum Reassurance (Canada). Jean-Marc joined the Optimum Group in 1997. He is responsible for the research framework underlying the evaluation and development of innovative products. He is also responsible for the updating of Optimum’s Underwriting Manual, both for life and critical illness. he is base in Dallas, TX. Jean-Marc has over 20 years of experience in the life insurance industry and is a Fellow of the Society of Actuaries as well as a member of the American Academy of Actuaries. Jean-Marc has extensive experience in all actuarial as well as many of the non-actuarial aspects of life insurance and Critical Illness product development. He has spoken on a variety of underwriting, product design, claims and reinsurance topics as they relate to actuaries, underwriters and medical directors. He is currently active in a number of SOA committees and Project Oversight Groups centering on mortality, underwriting and predictive modeling as well as being a member of the Reinsurance Section Council Research team and of the Longevity Advisory Group of the SOA. Jean-Marc graduated Summa cum Laude from Whittier College with a BA in Mathematics.
Vincent J. Granieri, FSA, EA, MAAA
Chief Executive Officer
Predictive Resources, LLC
Vince Granieri, FSA, EA, MAAA is the founder and CEO of Predictive Resources, a consulting firm providing predictive modeling solutions to the life insurance, healthcare management and life settlement industries. Immediately prior to establishing his consulting practice in May, 2013, he served as CFO and Chief Actuary for 21st Services, an independent life underwriting firm. In that role, Vince was responsible for all of 21st’s financial and actuarial activities, including its rules-based, proprietary life expectancy underwriting systems. He has served as CFO and/or Chief Actuary for many financial services organizations in his 30+ year career.
Vince earned his bachelor’s degree (summa cum laude) at Ball State University, majoring in actuarial science. He also holds an MBA from the Harvard Business School. He has spent time on the Education and Examination Committee, the Management and Personal Development section council and the Social Insurance and Public Finance section Council. He currently serves on the Predictive Analytics and Futurism section council. He served on the AAA committee that developed ASOP No. 48 and currently serves on its Longevity Risk Task Force. His research papers on senior mortality were presented at the SOA’s 2011 & 2014 ‘Living to 100 and Beyond’ Symposia and his most recent paper on predictive modeling techniques in underwriting was published by the SOA.
Brian D. Holland, FSA, MAAA
Director and Actuary
Brian joined AIG in 2014. He is responsible for experience studies on individual life and A&H products. He has previously held responsibility for morbidity research on LTC and IDI at Munich Re and also a variety of valuation roles. Brian is the chair of the Predictive Analytics and Futurism Section of the SOA. Other current and past volunteer activities include the SOA’s Individual Life Experience Committee, Individual Disability Experience Committee, the sixth SOA LTC Intercompany Report, the AAA’s Individual Disability Table Working Group, and the AAA’s Life and Health Valuation Law Manual.
Matthias Kullowatz, MS
Matthias Kullowatz is an actuarial analyst in Milliman’s Seattle Life practice, working on predictive modeling projects. He started with Milliman in 2015, and since has used his background in statistics to help guide the predictive modeling team in refining best practices and in improving communication with client stakeholders. He is involved in all stages of predictive modeling projects. In a recent study investigating drivers of lapse on fixed annuities, this included data exploration and preparation, modeling, theory, and presenting results to a client audience which had a diverse familiarity with statistical concepts.
Before joining the actuarial profession, Matthias accumulated four years of experience teaching statistics to undergraduates in the greater Portland area. While a professor, he focused on improving existing teaching methods. He wrote curriculum for teaching statistics using R, as well as a curriculum for teaching Calculus with a participatory, hands-on approach. On the side, Matthias devotes an unhealthy number of hours using statistics to predict outcomes in sports. He has five years of experience using R for all of his statistical endeavors.
Matthias graduated from Lewis and Clark College with a BA in mathematics, and from Portland State University with an MS in statistics.
Satadru Sengupta is a Data Scientist with DataRobot where he works with organizations across different industries (including insurance, financial and health care) to integrate DataRobot machine learning platform in their problem solving environment. Satadru is currently responsible for the US East client engagements at DataRobot. Previously, Satadru worked with AIG Science Team as a senior manager leading quantitative modeling for the Global Distribution team. Prior to that, he worked with Liberty Mutual Insurance and Deloitte Consulting. Satadru holds a Master of Science in actuarial science and a Master of Science in statistics. Satadru lives in Washington, D.C. with his wife.
Ricardo Trachtman, FSA, MAAA
Principal and Consultant Actuary
Ricky Trachtman is a principal and consultant actuary with the Buffalo Grove office of Milliman where he has worked for the past 13 years. In this role, Ricky has worked on a variety of projects with focus in the area of product development assisting in the development of a wide range of life and annuity products. During his tenure at Milliman, he has specialized in pricing and product development of Fixed and Fixed Index Annuities, Variable Annuities, and Payout Annuities both Immediate and Deferred. Ricky has also done extensive modeling of different Variable and Fixed Indexed Annuity Guarantees, such as, death benefits, income benefits, and withdrawal benefits.