Professional Credentials and Education
- Certified Financial Planner (tm) Certificant
- Charter Financial Analyst Charterholder
- Fellow of the Society of Actuaries (Investment Track)
- University of Nebraska - Lincoln, BS in Business Administration, Actuarial Science major
Work Experience
Portfolio Manager - Allstate Investments, LLC (1999 – 2007)
Structured Assets Group, Credit Derivatives on Corporate Desk, Derivatives Unit
- Established and managed a synthetic CDO program at Allstate including analyzing and independently pricing structured
products using Quantifi Solutions
- Studied and understood the rating agency models and methodology for corporate structured products to help assess
relative value and risks while investing for Allstate
- Established and managed a $1BB+ credit derivative program at Allstate including single name credit default swaps, first-
to-default baskets and index products
- Consulted with the cash portfolio managers at Allstate providing my credit derivative expertise and market knowledge to
help manage over $25BB in investment grade and high yield bonds
- Executed over-the-counter and exchange-traded derivative instruments for various hedging strategies supporting Allstate’
s insurance companies
- Traded instruments including swaps (currency, interest rate, credit), caps, floors, futures (interest rate, equity,
commodity) and FX forwards, managing the growth of derivative book from $2BB to $15BB notional value
- Worked in a regulated environment covering various topics including accounting, legal, tax, risk management and
insurance regulations
- Helped implement and provide ongoing review of FAS133 accounting results which has similarities to the current
FAS157 and the Level 2 and Level 3 mark-to-model issues
- Negotiated collateral agreements for over-the-counter instruments (ISDA Credit Support Annex) and understood the
market dynamics extra collateral posting poses
- Satisfied Insurance Regulations by documenting hedge effectiveness of treasury futures taking into account the
deliverability option and basis convergence
- Presented new strategies and instruments to senior management for approval including both hedging and investment
strategies and educational presentations
Actuary - CNA Insurance Companies (1989 – 1999)
Institutional Markets, Annuity and Investment Pricing, Special Risks Pricing
Life / Health / Pension Reserving
- Assisted in Asset/Liability Management of $5BB GIC portfolio at CNA Insurance, being aware of the risk profiles of each
side of the balance sheet to manage through volatile markets
- Priced Disability Income, Small Group Medical and Accidental Death insurance policies
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