KORKUT CIRAK

Resort Non Life, Reserving & Reinsurance •Analysis of HGB claims development through interdisciplinary collaboration •Calculation of gross and ceded claims reserves under IFRS and Solvency II using actuarial methods •Coordination of claims reserves in the closing processes with the board, auditors, and external experts •Coordination of claims reserves in the planning processes with claims management, product management, and controlling •Support of corporate planning and actuarial pricing

Group Risk Management •Creation of 360-degree reviews, economic analyses and independent risk management statements on current business issues,including cross-departmental navigation and communication to management •Conceptual further development of non-life risk management at group level •Coordination and implementation of the group-wide non-life validation.(Annual planning, implementation, delivery to supervisor) including validation of input models, model changes,solo models of companies and group issues

Coordination and management of actuarial audit and consulting projects in the North / West area of Germany by leading the German Actuarial Services Team in Hamburg

• Actuarial / Statistical reserving, reserve reviews and analysis for Non-Life portfolios • Reinsurance optimization • Reviewing pricing models and tariffs • Monitoring and managing the risk situation in Non-Life • Providing actuarial support in M&A-projects and business projects (Non-Life) • Actuarial Ratemaking / Pricing and Optimization in Non-Life (MOD, MTPL, Individual Health) • Implementation of Actuarial Intelligence System (Non-Life)

•Statistical reserving, reserve reviews and analysis for Non-Life •Reviewing pricing models and tariffs from a methodological point of view (profitability analysis and quality assurance) in Non-Life •Leading and coordinating internally and externally the introduction of Solvency II (Internal/Standard Models) in ERGO TR (Non-Life) •Performing and interpreting Economic Risk Capital calculations (DFA Models) in Non-Life •Monitoring and managing the risk situation of ERGO TR Group in Non-Life and Life

•Establishment of Actuarial Governance & Risk Management function and Implementation of Actuarial Intelligence System (Non-Life) •Actuarial reserving, reserve reviews and analysis, actuarial risk management •Actuarial regulatory reporting (Non-Life & Life) & Business planning •Reviewing pricing models and tariffs •Introduction of Solvency II & Enterprise Risk Management •ROI Valuation of strategic business projects •Actuarial & VDR support in M&A project and other business projects

• Establishment of Actuarial Governance function and Implementation of Actuarial Intelligence System (Non-Life) • Actuarial Ratemaking / Pricing and Optimization in Non-Life (MOD, MTPL, Individual & Corporate Health) • Actuarial reserving, reserve reviews and analysis • Actuarial regulatory reporting (Non-Life) & Business planning • Actuarial & VDR support in M&A project and business projects • Implementation of Business Intelligence System

• Internal Auditing • In-house Consultancy & System Analysis • Total Quality Management

•A dynamic simulator for strategic management in Non-life insurance sector was modelled and converted to a “Strategic & Growth Management Simulation Game” •Organizing of XVIth International Symposium on Forecasting •Insurance and Banking sector researches in System Dynamics Society Turkish Chapter

• First research thesis about “Neural Networks and Their Applications in Production Systems” • Founding Member of “Industrial Engineering Society” • Organizing of Industrial Engineering I. Student Symposium