Uri Sobel
ASA, FSA, MAAA
Principal & Consulting Actuary
New York, NY, US
Uri is a principal and consulting actuary with the New York office of Milliman. He joined the firm in 1999.
Experience
Uri works with life insurance companies on a variety of matters, with a strong focus on life insurance modeling. His work supports appraisals for mergers and acquisitions, financing transactions, cash flow testing, dividend management, and other areas.
Publications and Presentations
Uri presents frequently at industry events, and has several published pieces, the most recent of which was contributing to the Milliman-led Society of Actuaries research report on the Impact of VM-20 on Life Insurance Product Development, which was completed and published in July, 2017.
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- B.S. Applied Mathematics, Columbia University
- MS. Applied Physics, Columbia University
Affiliations
- Friend of the Council, Modeling Section, Society of Actuaries
Publications
Read their latest work
Article
Critical Point Episode 39: VM-20 for principle-based reserving - Tales from the front office
07 September 2022 - by Uri Sobel, Paul Fedchak, Michael McCarty, Laiping Wong-Stewart
Life insurance experts discuss challenges and success stories from VM-20 implementation.
Article
Pricing considerations, opportunities, and product design under the VM-20 framework
05 August 2020 - by Paul Fedchak, Ian Laverty, Uri Sobel
The new framework outlined in Chapter 20 of the Valuation Manual will likely lead to some fundamental changes in the products available in the market.
Article
Impact of VM-20 on life insurance product development: Phase 2
14 August 2017 - by Paul Fedchak, Jacqueline M. Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
Phase 2 of this research report expands on the Phase 1 case studies for term and universal life with secondary guarantees (ULSG) products and includes additional case studies focused on smaller companies and the impact of reinsurance.
Article
Impact of VM-20 on life insurance product development
10 January 2017 - by Paul Fedchak, Jacqueline M. Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
This report summarizes changes to the product development process as a result of the introduction of principle-based reserves as required under Chapter 20 of the National Association of Insurance Commissioners Valuation Manual (VM-20) through the development of case studies for term and universal life with secondary guarantees products.
Article
Issues and challenges in a principle-based reserving world
30 September 2015 - by Karen Rudolph, Bill Sayre, Uri Sobel, James Stoltzfus
This paper focuses on the potential impact of the new Actuarial Guideline 48 requirements.