Profile
William R. Wellnitz
Personal Information
  • Address:
    2317 Longmont Dr
    Wake Forest, NORTH CAROLINA 27587 United States
  • Phone:
    (252) 762-8485
  • Email:
Credentials
  • Attorney:
    No
  • Education:
    B.S. w/ Majors in Mathematics and Physics - University of Wisconsin
    M.B.A. - Duke University
  • Degrees:
    B.S. University of Wisconsin; M.B.A. – Duke University
  • Designations:
    ARIAS-US Certified Arbitrator 2023
    FSA 1978-2008 (lapsed upon retirement)
    MAAA 1979-2008 (lapsed upon retirement)
Work Experience
  • Reinsurance Company: 20 years.
    Other Department: 20 years. VP & Chief Actuary and other senior officer positions
  • Insurance-related Firms: 14 years.
    Consultant: 14 years. Various officer level positions
Breakdown of Experience
  • Life
    100%
By Market
  • U.S. Market:
    90%
  • Bermuda/Off-shore Market:
    10%

Insurance vs. Reinsurance: 35/90%
Treaty vs. Facultative Reinsurance: 0/0%

ARIAS Experience

Workshops, as Trainee: 1; November 2022

Ethics Training, as Trainee: 1; April 2023

Other Approved Training:

Educational Seminar: 1 - March 2023
Webinars: 3

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 1

Arbitrator Experience
Number of Arbitrations
1
Appointed as an arbitrator.
Biography

William (Bill) R. Wellnitz is a retired senior officer of Transamerica Reinsurance which, at the time of his retirement in 2008, was a division of AEGON USA. Bill’s early career focused primarily on financial and corporate actuarial concerns of his life and health insurance company employers. The majority of his career was spent in the life reinsurance industry working for Transamerica Reinsurance which, during his tenure, became a leading life reinsurer in the U.S. market.

Bill’s responsibilities at Transamerica Reinsurance spanned pricing, product development, valuation, planning and forecasting, capital management and the development and implementation of multiple life reinsurance securitization programs. During his career with Transamerica Reinsurance Bill was actively involved in the reinsurance sections of the Society of Actuaries, Academy of Actuaries and the ACLI and wrote articles on life reinsurance securitizations.

In 1996 Bill earned an MBA degree from Duke University. Prior to his retirement Bill was a Fellow in the Society of Actuaries and a Member of the American Academy of Actuaries.