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Prof. Dr. Michael Köhler

Prof. Dr. Michael Köhler
ichael Köhler, member of the German and Swiss Actuarial Association DAV and SAV and Board of Directors and PRS Prime Re Solutions in Zug, Switzerland.
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 qualified member of the German and Swiss Association of Actuaries (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
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

Language Skills

Native: German

Proficient: English
Basic: French

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