Rui Luan
About Rui Luan
Rui Luan is an Assistant Actuary at Transamerica, specializing in IFRS17 methodology and model implementation for variable annuity pricing. With a background that includes roles as an Actuarial Analyst and Intern, Luan has extensive experience in actuarial calculations and analysis.
Current Role as Assistant Actuary
Rui Luan has been working at Transamerica as an Assistant Actuary since 2017. In this role, he specializes in IFRS17 methodology and model implementation specifically for variable annuity pricing. His responsibilities include conducting quarterly Market Consistent Value of New Business (MCVNB) calculations, which are essential for assessing the financial performance of new business initiatives.
Previous Experience at Transamerica
Before his current position, Rui Luan held several roles at Transamerica. He worked as an Actuarial Analyst from 2015 to 2016 for one year in the Cedar Rapids, Iowa Area. He also served as an Actuarial Clerk for six months in 2015 and as an Actuarial Assistant from 2016 to 2017 for eleven months. These positions provided him with foundational experience in actuarial practices and methodologies.
Internship Experience
Rui Luan gained practical experience through internships at various organizations. He worked as an Actuarial Intern at Milliman for five months in 2014 in the Greater Chicago Area. Additionally, he interned at People's Insurance Company of China for two months in 2011 in Nanjing, Jiangsu, China. These internships contributed to his understanding of actuarial concepts and industry practices.
Educational Background in Actuarial Science
Rui Luan studied Actuarial Science at the University of Iowa, where he was a Master Candidate from 2012 to 2014. His education provided him with a strong theoretical foundation in actuarial principles. Prior to this, he earned a Bachelor of Commerce (B.Com.) in Finance and Insurance from Nanjing University, where he studied from 2008 to 2012.