Michael Winkler, MSc, Actuary SAA/DAV

Experience

  • 2014 – now:    Founder and Managing Director RefinSol Ltd., Switzerland
  • 2015 – 2016   Chief Executive Officer WRM Reinsurance AG, Switzerland
    2007 – 2014:   Head of Life New Reinsurance Company Ltd., Switzerland
  • 2001 – 2007:   Head of Technical Services Life, Head of Product Management Life Winterthur Group, Switzerland
  • 1998 – 2001:   Head of Actuarial Development  Swiss Re, Switzerland
  • 1997 – 1998:   Chief Actuary Life Union Re, Switzerland
  • 1996 – 1997:   Stay with Winterthur Life Re, Dallas, Texas (USA)
  • 1992 – 1996:   Head of Actuarial Department Individual Life Winterthur Life, Switzerland
  • 1980 – 1991:   Actuary for Individual Life Winterthur Life, Switzerland

Education

  • Since 2000   CPD program SAA/IAA
  • 2000  Strategic Management Seminar at IMD in Lausanne
  • 1983  Master of Science
  • 1977-1983  Studies of Mathematics and Physics at Zurich University
  • 1977  Matura Typus B
  • 1971-1977  High School (Gymnasium) in Winterthur

Languages

German, English, French, Spanish

Projects

  • re-structuring of the whole individual life product portfolio in Switzerland (1991)
  • «windex»: first equity-index-linked product in Continental Europe (1992)
  • «winstep»: product with step-wise maximum guarantees (1994)
  • Planning tool for capital optimization in the US RBC regime (1996)
  • Portfolio transfer from Union Re to Swiss Re (1997)
  • «to live and let pay» publication/project on longevity for Swiss Re (1998)
  • Project lead for the first Spanish annuity tables PERM/F 2000 (1999)
  • Establishment of a pricing control process for Swiss Re Life&Health Zurich (2000)
  • Founding of Credit Suisse Life & Pensions Vaduz for spezialized unit-linked business (2001)
  • Launch of a CPPI fund in EUR for the Winterthur units in Europe (2001)
  • Connecting the life units in Winterthur Group to Credit Suisse’s fund platform (2002)
  • Restructuring of the product portfolio in Credit Suisse Life Japan (2003/4)
  • Establishment of product approval and technical support processes in Winterthur Group (2002-2005)
  • Establishment of New Re Life in Zurich (2007/8)
  • Develop New Re as an important provider for Variable Annuity reinsurance and other asset protection business (2008-2013)
  • Major Value-in-force transactions in Southern Europe (2012/2013)

Member of Board of Directors

Contribution to books

Variable Annuities (2009)

http://riskbooks.com/variable-annuities

  • Australasian Variable Annuities
  • Using Reinsurance to Manage Risks

Non-traditional Life Insurance Products with Guarantees (2016)

http://riskbooks.com/non-traditional

  • Understanding and using reinsurance treaties for guaranteed products

Compact Discs