David Massaro

David has worked with AXIS since the start of his career in 2016. Prior to joining Actuarial Design, he worked as an inforce transactions project lead at a lead reinsurer. In this role, David provided an all-inclusive approach to complex insurance deals, covering client relations, pricing, modeling, onboarding, valuation and reporting, and inforce management across various products and lines of business. In this and prior roles, David has gained extensive experience in the regular life, annuity, and disability AXIS modules. He is experienced in developing AXIS models with Canadian, US statutory, and US GAAP reserving methodologies. David also has considerable experience in automation and the integration of AXIS with downstream reporting systems.

Some of his accomplishments include:

• Designing AXIS models for traditional life, annuity, pension and longevity swaps under various reinsurance structures.
• Converting models from legacy systems to AXIS for regular life, annuity, and disability products.
• Integration and onboarding of reinsurance deals between in-house and third-party administration systems (e.g., TAI).
• Acted as a modeling steward for a lead reinsurer.
• Establishing AXIS modeling best practices, modeling governance standards, and the model review framework for a lead reinsurer.
• Developing a suite of tools for the analysis of model output, used by a lead reinsurer (Excel, VBA, SQL Server, Access).
• Led large scale optimization project to reduce AXIS model run-time by ~50% across all models for a lead reinsurer.
• Planning and executing large-scale AXIS model validations and replications from first principles.