Prof. Dr. Michael Köhler

 
Prof. Dr. Michael Köhler

Michael Köhler holds a M.Sc. and a Ph.D. in mathematics and a second Ph.D. in operations research. As a professor for Insurance Science he has taught for many years insurance and finance theory at the University of Zurich.

He has spent most of his professional career as Chief Actuary and Head of Value and Risk Management for the entire life business of the Winterthur Group. In this role he was involved in all actuarial areas, including product development, reserving, performance measurement, capital management and US GAAP accounting. Armed with this experience he built up the Swiss actuarial unit of PwC, which provided both actuarial consulting and actuarial audit support in the framework of various accounting standards.

He is a fully qualied member of the German and Swiss Actuarial Associations (DAV and SAV), which he has served on numerous Committees, and he is currently serving on the Board of Directors of PRS.

Relevant Qualification and Academic Background


Actuary SAV & DAV
Prof. – Insurance Science – University Zurich Ph.D. – Operations Research – University Zurich Ph.D. – Mathematics – University Zurich M.Sc. – Mathematics – University Hamburg


Relevant Professional Experience

Actuarial engineering (insurance & reinsurance)

  • Product development

  • Pricing

  • Reserving, according to different accounting standards

  • Reinsurance

  • Implementing embedded value

  • Value and risk & capital management

Mathematical modelling and simulation of economic systems
Model validation
Actuarial training

Relevant Career Development


2011 – present PRS: Consulting Actuary & member of the Board of Directors
2002 – 2011     PwC: Head of Actuarial Services Switzerland
1978 – 2002     Winterthur: Chief Actuary and Head of Value & Risk Management of Life Business
1971 – 1978     Academia: Assistant University Zurich, Institute of Operations Research


Relevant Memberships in Professional Organisations


SAV Full member of the Swiss Association of Actuaries

DAV Full member of the German Association of Actuaries

 

IT and Programming Skills


Microsoft Office
MathCad

Language Skills


Native: German

Proficient: English
Basic: French