Michael Payne

Michael Payne has a diverse work experience in the insurance industry. Michael currently serves as the Chief Pricing Actuary at AAIS (American Association of Insurance Services) since February 2021. In this role, they provide leadership and guidance on the use of analytical tools and models, leads initiatives to create new rating plans, and enhances current rating plans. Prior to this, they were the Actuarial Services Director at AAIS from December 2018 to February 2021, where they led the actuarial services team in conducting countrywide loss cost reviews and making pricing recommendations for lines of business and products.

Before joining AAIS, Michael worked at Sears Home Services as the Director of Underwriting Analysis from November 2017 to December 2018. Michael has also held various roles at Zurich Insurance Company Ltd from 2010 to 2017, including Technical Execution Actuary & Team Lead, Reinsurance Actuary, and AVP & Actuarial Director I. During this time, they gained experience in technical execution, reinsurance, and actuarial management.

Earlier in their career, Michael worked as a Senior Actuarial Analyst at SCOR Reinsurance from 2007 to 2010, where they were involved in pricing U.S reinsurance treaties for small to mid-size insurance companies. Michael also worked as an Actuarial Analyst at Zurich Financial Services from 2003 to 2007.

Overall, Michael Payne has demonstrated expertise in actuarial pricing, leadership, and strategic planning throughout their career in the insurance industry.

Michael Payne attended Northwestern University from 1999 to 2003, where they obtained a Bachelor's degree in Mathematics and Psychology. In 2007, they obtained the MAAA certification from the American Academy of Actuaries, followed by the FCAS certification from the Casualty Actuarial Society in 2008.