Daniel Simaluk
REGINA
Summary
Knowledgeable and astute actuarial professional with a successful background helping companies control risk and make effective business decisions. Accomplished in reviewing large amounts of data, determining probability and structuring systems for maximum profitability. Well-versed in statistical analysis methods. Stays on top of demands in fast-paced environments by effectively using slow periods. Maintains organized, clean, and safe work areas with diligent attention to important details. Dedicated professional with demonstrated customer service, time management and trend-tracking strengths. Good at troubleshooting problems and building successful solutions. Excellent verbal and written communicator with a strong background in cultivating positive relationships and exceeding goals. A focused professional who delivers consistent and professional work for every assignment. Offers 10+ years in the insurance, data, analytics, and finance industry environments and top-notch abilities in Python, SQL and Power BI.
Overview
8
8
years of professional experience
Work History
Associate Actuary
Deloitte
12.2023 - Current
- Tested models for accuracy by comparing model outputs against historical data sets or external benchmarks
- Developed statistical models to predict future claims payments and expenses
- Evaluated financial implications of new products or changes to existing products
- Collaborated with IT professionals to develop databases and software tools for actuarial analysis
- Trained junior actuaries on methodologies, best practices, and company-specific guidelines
- Prepared reports for management detailing actuarial findings and recommendations
- Updated assumptions used in pricing models based on emerging trends in claims experience or industry benchmarks
- Advised senior management on issues related to risk selection, product design, capital allocation, or reinsurance strategies
- Analyzed insurance data to calculate risks and determine premiums for clients
- Conducted experience studies to analyze actual results against expected outcomes
- Assisted with pricing, underwriting, and reserving decisions in collaboration with other departments
- Presented actuarial findings to stakeholders such as regulators, rating agencies, and auditors
- Supported regulatory filings by preparing documentation that clearly explains underlying actuarial calculations
- Analyzed statistical information to estimate mortality, accident, sickness, disability and retirement rates.
Group Underwriter
Group Medical Services
05.2021 - 12.2023
- Verified rate locks against underwriting files with correct program eligibility requirements, credit scores and pre-payment penalties
- Helped committees evaluate borrower creditworthiness by preparing thorough underwriting calculations and worksheets
- Evaluated property conditions with direct inspections and values through comparisons to market dynamics
- Developed strong relationships with business partners, facilitating smooth collaboration and timely resolution of any issues that arose
- Trained junior underwriters in best practices and assisted them in making more accurate assessments of risk factors
- Prepared detailed reports on clients' risk profiles based on data gathered during underwriting process
- Identified areas for improvement in loan processes by analyzing loss ratios and monitoring delinquency rates.
Insurance Specialist
Western Financial Group
01.2020 - 05.2021
- Explained different options to prospective clients and recommended suitable insurance policies
- Established strong customer relationships with regular outreach and follow-ups to maintain high satisfaction rate
- Scheduled on-site visits and presentations to connect with new, established and potential clients
- Prospected and scheduled quota of new client appointments per week
- Met and consistently exceeded monthly and quarterly insurance sales goals through detailed product and service knowledge
- Responded to customer inquiries and issues, maintaining sound sales practices
- Collaborated with colleagues to reach business goals, maximize leads and generate sales opportunities.
Financial Advisor
Wolfond Financial
01.2019 - 07.2020
- Kept clients informed and uncovered new sales opportunities with regular follow-up calls
- Identified optimal products for each client and presented solutions
- Maintained strong pipeline of incoming leads with networking, cold calling and referrals
- Collaborated with other professionals within firm to create comprehensive solutions for clients' financial needs
- Developed customized presentations to educate clients about complex financial concepts and strategies
- Guided clients toward profitable and secure financial decisions with persuasion and knowledge of available products
- Conducted thorough research on various investment products and opportunities
- Evaluated client's financial documents to determine investment strategies suited for their needs
- Used consultative appointments focused on analyzing existing client situations and identified opportunities for improvement
- Maintained current knowledge of market trends, economic factors, and legislative changes that could impact clients' finances
- Utilized advanced software tools to analyze data and generate detailed reports for client review
- Sold mutual funds, stocks and bonds to achieve quotas
- Monitored client portfolios regularly to ensure alignment with financial objectives.
Financial Analyst
City of Regina
08.2016 - 01.2019
- Improved budget compliance by creating modeling tools focused on daily, weekly and monthly spending
- Developed and input financial data into subsidiary and general ledger accounts in accordance with GAAP requirements
- Analyzed financial data and explained variances in close collaboration with senior business and unit managers
- Simplified complex financial concepts when communicating with non-financial team members or executives
- Helped senior staff target business operations by reporting on KPIs weekly and monthly
- Built strong relationships with external stakeholders such as auditors, bankers, or rating agencies as needed
- Monitored key performance indicators KPIs to assess overall health of organization's finances
- Ensured compliance with internal policies and regulatory requirements related to financial reporting or disclosure obligations.
Policy Analyst
City of Regina
05.2016 - 07.2017
- Maintained open communication and built relationships to improve and sustain flow of information
- Monitored timelines and deliverables to meet funder and project reporting requirements
- Created presentations, briefing notes and other internal materials to translate policy issues
- Utilized analytical tools such as cost-benefit analysis or risk assessment models when evaluating potential impacts of new policies
Education
Bachelor of Science - Actuarial Science
University of Regina
Regina, SK04.2019
Associate of Arts - Psychology
University of Regina
Regina, SK04.2017
Skills
- Valuation methods
- SQL and Databases
- SQL Programming
- Advanced SQL Queries
- Python Programming
- Business Intelligence
- Actuarial software proficiency
- Problem-solving abilities
- Team collaboration
- Data Analytics
- Critical thinking
- Data Analysis
- Trend Analysis
- Associate of Society of Actuaries
- Associate of Casualty Actuarial Society (ACAS)
Languages
English
Native or Bilingual
Timeline
Associate Actuary
Deloitte
12.2023 - Current
Group Underwriter
Group Medical Services
05.2021 - 12.2023
Insurance Specialist
Western Financial Group
01.2020 - 05.2021
Financial Advisor
Wolfond Financial
01.2019 - 07.2020
Financial Analyst
City of Regina
08.2016 - 01.2019
Policy Analyst
City of Regina
05.2016 - 07.2017
Bachelor of Science - Actuarial Science
University of Regina
Associate of Arts - Psychology
University of Regina
Similar Profiles
Albert Laurentiu IonAlbert Laurentiu Ion
Junior Information Technology Consultant at DeloitteJunior Information Technology Consultant at Deloitte
Sai Rekha SuradaSai Rekha Surada
Solution Advisor - Manager FCC Investigations Team at DeloitteSolution Advisor - Manager FCC Investigations Team at Deloitte
Sai Ramesh VattiSai Ramesh Vatti
Sr. UIUX Consultant at DeloitteSr. UIUX Consultant at Deloitte