Lorenz Glaza, FSA, MAAA

3612 Angelus Ave, Glendale, CA 91208

Telephone: 818-249-1889

Email: kamaekia@hotmail.com

Work Experience

Kaiser Permanente – Pasadena, CA

· March, 2003 –

o Developed new, robust IBNR model for company wide deployment.

o Responsible for pricing of individual health insurance portfolio.

o Responsible for pricing products in the community benefits portfolio including Medi-Cal, Healthy Families, Access for infants and mothers (AIM), KP Kids, MRMIP and STEPS.

o Negotiated reimbursement rates with state of California authorities including mental health contract in Napa/Solano County. AIM case rates, etc.

o Used risk assessing/risk adjusting model in small group renewal pricing.

o Developed process for age-off process where dependents that were aging off their parents’ contract were assessed to determine if they should be express enrolled into an individual policy.

o Developed study for examining costs of diseases in conjunction with using a predictive risk modeler to analyze individuals who misrepresent themselves on their application.

Health Net – Woodland Hills, CA

· Nov, 2001 – March, 2003

· Worked in Health Cost Analysis

· Calculated monthly IBNR reserves for different types of health insurance products, including HMO, PPO and POS.

· Performed quarterly Premium Deficiency Reserve calculations and exhibits for deficient products.

· Created reporting system to analyze catastrophic reports as a leading indicator for shock claim trends.

· Developed Premium Stabilization Reserves for Individual products.

· Created monthly Trend and Normalized Trend Models for various lines of business.

Ernst and Young - Los Angeles, CA

· May, 2000-August, 2001

· Created Bond Portfolio Model

· Modeled various types of bonds including convertible, straight, callable and puttable

· Wrote entire modeling program in Visual Basic using Excel front end for data input

· Assets were matched with annuity liability model

· System Conversions

· Converted and debugged Long Term Care Health Reserves from in-house, proprietary system to commercially available, Lifepro, system

· Modified existing database to create reserve rates for importing in mainframe

· Discrimination Lawsuit

· Did mortality study and case study analysis to determine if company engaged in discrimination

· Used Oracle to create random policyholder information samples

· Wrote SQL queries to create random samples of data for testing of discrimination

Transamerica Life Companies - Los Angeles, CA

· July, 1999-March, 2000

· Worked in Defined Benefits/Retirement Services

· Performed FASB 87 valuations, data and asset reconciliation, developed gain/loss analysis and determined minimum and maximum contributions

· Suggested, priced and implemented plan amendments for over-funded pension plans

· Completed plan terminations for terminal funding quotes, priced terminal funding quotes

· Created asset allocation software for client presentations for suggesting optimizing investments

· April, 1997-June, 1999

· Worked in ALM/Special Studies

· Performed statutory, GAAP, and tax financial reporting projections for Individual/Group UL and Term Life Insurance

· Familiar with FASB 60 and 97 accounting standards for Term and UL business

· Cash Flow Testing to meet state asset adequacy and solvency levels for Individual UL where assets were a mixture of mortgage backed securities (MBS, CMO), bonds and cash

· Performed Profit Analysis and GAAP Pricing for new UL and Term Life Products

· Developed and built TAS models for various types of UL products

· Set up, ran and analyzed annual Profit Plan/Forecasting for Individual UL

· Interest Rate Resetting for New and Renewal Money for Individual/Group UL where portfolio was a mix of mortgage backed securities (MBS, CMO), bonds and cash

· June, 1996-March, 1997

· Worked in Actuarial Support

· Programmed, modified and tested UL and Life Annuity products using actuarial algorithms

· Debugged actuarial software using self-created spreadsheets and existing spreadsheets and miscellaneous software

ProNex - Sherman Oaks, CA

· February-August, 1996

· Designed, modified, and maintained web sites and internet databases (Cold Fusion)

· Assisted in administering an NT-based web site

Health Net – Woodland Hills, CA

· June-September, 1994

· Assisted with data collection and sorting of health insurance policy information

· Performed claims cost analysis of collected data

Computer Skills

· Languages: C, C++, PERL, HTML, PHP, VB, SQL and JAVA

· Platforms: Windows 95/98/2000/NT, UNIX (Solaris), Linux, DOS, and X Windows/KDE/GNOME

· Software: Tillinghast Actuarial Software (TAS) 7.0+, Microsoft Office (Access, Excel, etc.), PostgresSQL

· Networks: TCP/IP

· Personal Website and Server - http://www.lo-lands.org

Education

University of California, Los Angeles

· Graduated in June, 1997

· Bachelor of Science in Applied Mathematics with a specialization in Program in Computing