Bennie Zhuang, FSA, FCIA, MAAA
Bennie has over 15 years of experience in life and pensions with a focus in AXIS modelling, financial reporting, and audit, working with clients across major insurers and reinsurers in Canadian, U.S., Caribbean, and China markets. Prior to joining Valani Global, he worked for actuarial consulting firms and life insurance companies.
Bennie has extensive experience in AXIS modeling including liability, asset, and capital models, covering a variety of life and annuity products under different accounting bases. He has been involved in projects such as IFRS 17 AXIS implementation, AXIS conversion, AXIS re-build, AXIS model vetting, etc.
Bennie is a Fellow of the Society of Actuaries, a Fellow of the Canadian Institute of Actuaries, and a Member of the American Academy of Actuaries. He holds a Bachelor of Science degree in Actuarial Science from the University of Toronto. He also holds a Bachelor of Science degree in Computer Science from Shenzhen University (China).
How did you begin your journey into actuarial science?
After graduating with a Bachelor of Computer Science, I began my career as an IT professional. It wasn't until 2001 when I moved to Canada during the global recession that Actuarial science caught my eye. Analyzing future events, and managing risks, sounded very interesting to me. So I went back to school to study Actuarial science.
What's your background in AXIS?
As a student, I was first introduced to AXIS at an actuarial social event where I discovered modeling is a combination of computer science and actuarial science. I was so excited. After that, I went home and went through all the AXIS online training. The more I learned about AXIS, the better I could see this was my new career path.
Why did you join Valani Global?
I personally knew a few members of the Valani Global team before I joined the company. They had a good reputation of being professional, knowledgeable, technical, and most importantly, well-versed in AXIS and I just want to be a part of that team.
Why should clients hire Valani Global?
Clients should hire Valani because we have managed large-scale AXIS projects and produce high-quality actuarial models.
What skillset do you bring to the Valani team?
I bring 13 years of AXIS experience on model conversion model re-build, model validation, and periodic valuation work as well as six years of consulting and project management experience to the Valani team. I have been building models for clients across the U.S., Canada, China, and the Caribbean under different valuation and accounting bases.