Kyusung Park

SOA(Actuarial Assistant)

-SOA(towarding ASA)

-Shinhna Life Insurance Company(Actuarial Assistant)

• Gathering and analyzing data, building models, and preparing reports that are used to assess risk and inform decision-making.
• Analyze statistical data, such as morbidity, mortality, accident, disease, disability, etc., and construct probability tables to forecast risk. 
• Calculate premium rate for different types of insurances and riders such as life insurance, health insurance, pension insurance, variable insurance and policy reserves and liabilities necessary to ensure payment of future benefits.
• Preparing and changing basic documents (PRV, TN, MDV, KIDI) of each insurance and rider, such as, interest rates, risk rates, net premiums, policy reserves, S ratio, standard α, adjusted α, etc.
• Compare and review policy contract provisions for each type of insurance.

• Review insurance and liability clauses in contracts, ensuring that every contract meets the company’s risk target while balancing this against the expected commercial benefits of the contract
• Analyzed financial information obtained from clients to determine strategies for managing the company’s risk target and financial objective
• Documented results and track trends for the purpose of business forecasting

Pennsylvania State University - Economics