Project Scope:
I conducted a comprehensive statutory reserve valuation for a mid-sized life insurance company with a portfolio of 50,000 policies. The project required calculating reserves in compliance with local regulatory requirements and international actuarial standards.

Methodology:
• Performed detailed cash flow projections for all policy types
• Applied appropriate valuation interest rates and mortality assumptions
• Calculated Policy Benefit Reserves (PBR) using both gross premium and net premium methods
• Conducted sensitivity analysis on key assumptions
• Validated results through independent reconciliation procedures

Results:
Delivered a complete actuarial valuation report with total reserves of $45 million, meeting all regulatory filing deadlines. The analysis identified opportunities for reserve optimization while maintaining full compliance with statutory requirements.

Impact:
My work enabled the company to submit accurate regulatory filings to the insurance authority, supporting their financial stability assessment and capital adequacy requirements. The detailed documentation I provided also streamlined their audit process.