Researching and reading,Solving puzzles
Umut Refika Erkut Bölükbaşı
Qualified Actuary
Istanbul
Summary
Experienced in the actuarial field for over 9 years, with honed mathematical skills focused on statistical and product price analysis, as well as model building. Strong critical thinking abilities and diligent work ethic. Continuously enhancing capabilities and staying up-to-date with industry advancements. Eager to utilize expertise to contribute value within a collaborative team setting.
Overview
10
10
years of professional experience
6
6
years of post-secondary education
2
2
Certifications
2
2
Languages
Work History
Non Life Pricing Actuary/Supervisor
Allianz TR
04.2022 - Current
- Generated data for actuarial models through SAS and SQL.
- MTPL and MOD models were made with the Emblem program. (frequency, severity and large, glass separately-More than 10 models were made)
- Enhanced predictive accuracy by integrating vehicle allocation and micro-zoning techniques.
- Adapting other machine learning methods such as automatic GLM to models.
- Established pricing for a new short-term rental product on Radar Live.
- Technical premium and scenario testing for commercial premium calculation via radar.
- Generated monthly actual and projected profit/loss ratio and other KPI reports for Motor Third Party Liability and Motor Own Damage.
- Identified areas for improvement in underwriting guidelines by analyzing claims data, reducing future losses through targeted adjustments.
- Guided junior analyst in masterin modeling techniques.
Non Life Pricing Actuary
Anadolu Insurance
12.2019 - 04.2022
- Conducted data analysis and conformity tests using specialized programs across various insurance branches.
- Transitioned model data creation and cleaning processes to Knime.
- Determination of actuarial prices using Emblem software on tested data. (for MOD and Home Insurance).
- Conducted portfolio analysis to assess profitability and segment risks.
- Calculation of impact analysis and claim amounts of bodily injury cases.
- Supporting preparation of actuarial reports to notify Ministry of Treasury and Finance.
Actuarial Analyst
Inova Actuarial Consultancy Company
11.2015 - 01.2019
- Supporting preparation of actuarial reports to notify Ministry of Treasury and Finance.
- Calculating bodily injury compensation in traffic accidents, improving compensation reports and calculation techniques, analyzing loss ratios, and reviewing reserves like IBNR.
- Gained valuable insights into the claims side of pricing.
Education
Bachelor of Science - Actuarial Science
Marmara University
Istanbul 05.2011 - 05.2017
Skills
Emblem Software
Certification
Certified Actuary-Equivalence with European AAE Association member countries
Accomplishments
All Actuarial exams in Turkey
Finance-12 exams related to financial markets were completed.
Allianz Global -PB1- APEX for Actuaries, PB2- Data Preparation, PB3- Risk Model and Technical Pricing, PB4- AI Application to Behavioral Demand Models, PB5 - Scenario Testing, PS1 - Machine Learning for Microzoning,
Affiliations
- Full Member of Turkish Actuarial Society
- Full Member of IAA and Actuarial Association of Europe (AAE)
- The Actuarial Society of Turkey is a Full Member of the International Actuarial Association
Interests
Traveling, Swimming
Playing the piano and guitar
Trainings And Conferences
- Allianz Global - P&C Academy Bronze Trainings
- Istanbul Technical University- Python Supervised and Unsupervised Learning Models, 125 hours
- Microsoft Excel 2016 (VBA) Course - Bilge Adam Informatics Group, 24 hours
- IELTS Course - Istanbul Technical University, 100 hours
- Solvency - Marmara University
- Greek Course - Sismanoglio Megaro-Consulate General of Greece in Istanbul
Timeline
Non Life Pricing Actuary/Supervisor
Allianz TR
04.2022 - Current
Non Life Pricing Actuary
Anadolu Insurance
12.2019 - 04.2022
Actuarial Analyst
Inova Actuarial Consultancy Company
11.2015 - 01.2019
Bachelor of Science - Actuarial Science
Marmara University
05.2011 - 05.2017