Laura is a Principal and the National Leader of 乐鱼(Leyu)体育官网鈥檚 Actuarial practice. She has over 25 years of insurance industry experience including 13 years at 乐鱼(Leyu)体育官网. She provides services in the Life sector of the insurance industry primarily related to financial reporting, regulatory compliance and modeling issues. She co-sponsors the 乐鱼(Leyu)体育官网 Insurance Accounting Change solution team at 乐鱼(Leyu)体育官网 where she leads the development and delivery of client solutions.
Professional and Industry Experience
- Leading clients through the assessment of expected impacts on the FASB鈥檚 Targeted Improvements for long duration insurance contracts (ASU 2018-12)
- Advising international insurer on strategic and implementation issues related to IFRS 17 implementation and the execution of a prototype modeling program
- Facilitating workshops to assess likely impacts of proposed accounting changes
- Principles Based Reserving educational seminar development and delivery
- Assisting clients in the implementation of business strategies involving off-shore reinsurance
- Internal audit services for actuarial functions for direct and reinsurance business including control design & testing, risk assessment and remediation assistance
- Guiding companies in the implementation of Model Risk Management Policies and Procedures per the principles of SR Letter 11-7 including the development of model inventories and the execution of the validations of high risk models
- Developing and executing model validation of complex insurance models including valuation, pricing and risk models.
- Preparing clients to effectively respond to new regulatory examinations
- Advising companies in strategic inforce management challenges including product tax compliance and other regulatory issues
- Leading teams in the performance of User Acceptance Testing (UAT) relative to GGY AXIS implementations
- Transaction Services including due diligence, IPO preparation and Purchase GAAP implementation
- Assessing and benchmarking various actuarial units from organizational, process, controls and documentation perspective