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Michael W. Pado
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Personal Information
  • Address:
    321 Ocean Blvd.
    Atlantic Highlands, NEW JERSEY 07716 United States
  • Phone:
    646-221-5038
  • Cell:
    646-221-5038
  • Email:
    MikePado175@iCloud.com
Credentials
  • Attorney:
    No
  • Education:
    Professional Licenses/Credentials:
    1. Society of Actuaries - FSA
    2. Academy of Actuaries - MAAA
    3. Rutgers University - 3 degrees - see below
  • Degrees:
    1. Digital Transformation - MIT Professional Education - 2021
    2. Mini-MBA (Supply Chain) - Rutgers Executive Education - 2017
    3. Executive MBA - Rutgers Graduate School of Management - 1994
    4. BSc. Mathematics - Rutgers University - 1978



  • Designations:
    1. Fellow of the Society of Actuaries (FSA)
    2. Chartered Enterprise Risk Analyst (CERA)
    3. Certified Neutral Arbitrator - ARIAS
  • Other Information:
    I serve as an expert consultant and witness from time to time, as appropriate.
Work Experience
  • Insurance Company: 5 years.
    Executive Officer (CEO, COO, CFO, Chief Actuary): 2 years. CEO
    Finance Department: 1 year. Financial reporting actuary
    Actuarial Department: 2 years. Group pensions, product profitability, field compensation
  • Reinsurance Company: 31 years.
    Executive Officer (CEO, COO, CFO, Chief Actuary): 21 years. CEO, CUO, SVP BD
    Actuarial Department: 10 years. Actuary
  • Insurance-related Firms: 3 years.
    Consultant: 3 years. Senior Consultant , Actuarial & Benefits Consulting
  • Independent/Other Relevant Experience: 4 years.
    Other : 4 years. Advisory Board Member to InsurTech start-ups
Breakdown of Experience
  • Life
    55%
  • Contract Wording
    35%
  • Regulatory/Licensing
    10%
By Market
  • U.S. Market:
    80%
  • Bermuda/Off-shore Market:
    10%
  • Global Market:
    10%

Insurance vs. Reinsurance: 20/80%
Treaty vs. Facultative Reinsurance: 90/10%
Former Insurance or Reinsurance Company Officer
Former Insurance or Reinsurance Company Director

ARIAS Experience

Ethics Training, as Trainee: 1; May 2010

ARIAS Conference Faculty: 1; Spring 2017

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 1

Arbitrator Experience
Number of Arbitrations
1
Acted as an arbitrator through to final award after completion of an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Biography

I am an ARIAS Certified Arbitrator in good standing and an experienced senior leader in the life reinsurance market. I began my insurance career in 1978 with the Travelers before moving over to reinsurance in 1985. I have served as CEO and a Board Member at AXA Re, XL Life Re, SCOR Global Life, Aurigen Re Life and most recently at PartnerRe Life. I am trained as an actuary (FSA), have earned the Chartered Enterprise Risk Analyst (CERA) designation and also have an MBA from Rutgers University and a Certificate in Digital Transformation from MIT Professional Education. I have deep experience in pricing, underwriting, claims, contract wording and retro.

I have been an active member of ARIAS-US since 2006.