Lennart Albertsen
FRM, Actuary DAV
Senior Consultant
Dusseldorf, DE
Lennart Albertsen is a consulting actuary in the Düsseldorf office of Milliman.
His consulting activities include, among others:
- Annual and quarterly financial reporting under local GAAP (HGB), Solvency II, and IFRS
- Internal reporting
- Portfolio migration life insurance
- Actuarial modelling and validation
Experience
Most recently, Lennart worked on projects in the life insurance sector, including the following topics:
- Accounting in accordance with local GAAP (HGB), Solvency II, and IFRS
- Preparing reports for internal and external purposes
- Performing initial validation activities under IFRS 17
- Reconciling and analysing balance sheet and customer values and contract indications for portfolio migrations
- Communicating and addressing of actuarial anomalies
- Coding and developing SQL procedures in SAP HANA
- Tariff mapping and data transformations as part of portfolio migrations
- Performing valuation and due diligence in the context of M&A projects
- Implementing new business margin calculations under Solvency II and IFRS 17
- Preparing P&L split by LoB under IFRS 17
- Programming-related further development of tools and automation
Before joining Milliman Lennart worked two years as an associate at PricewaterhouseCoopers GmbH WPG in Cologne and three years as a working student and intern in Berlin and Düsseldorf.
In particular, he worked on the following tasks:
- Annual audits of primary insurance and reinsurance companies, reporting under local GAAP (HGB), Solvency II, and IFRS
- Consulting of life insurance companies with portfolio migration
- BaFin communication
- IFRS consulting
Lennart has qualified technical experience with:
- VBA, Java, Python and R
- SQL / SAS / SAP HANA, LifeFactory, Jira, and Confluence
Professional Designations
- Actuary DAV
- FRM
Education
- Studies of Business Mathematics at Technische Universität Berlin
- Focus: Stochastic analysis
- Degree: M.Sc.
- Studies of Business Mathematics at Technische Universität Berlin
- Focus: Insurance and Financial Mathematics Degree: B.Sc.
Affiliations
- German Association of Actuaries (DAV)
- German Society for Insurance and Financial Mathematics (DGVFM)
- Global Association of Risk Professionals (GARP)
Publications