Zohair Motiwalla

Zohair has extensive experience in the U.S annuity market and specializes in helping clients develop models to support U.S. statutory and GAAP financial reporting requirements. In recent years, Zohair has also worked extensively with many companies in the areas of actuarial function outsourcing, bank-owned life insurance financial management, mergers and acquisitions (in the U.S., Europe, and South America), model risk management, nonguaranteed element analysis, and related litigation. He is regarded as an industry subject matter expert in annuity principle-based reserving (both VM-21 and VM-22 frameworks) and has also served as an appointed actuary.

Prior to joining Milliman, Zohair worked at a large life insurance company in a financial reporting role, specializing in statutory and GAAP reporting, embedded value, cash flow testing, and forecasting projects.

He is a strong Integrate user and has experience with several other actuarial modeling platforms.

He is an active member of the American Academy of Actuaries Variable Annuity Practice Note Working Group, the VM-22 Practice Note Working Group, and the Annuity Reserve and Capital Working Group. He is also a frequent speaker at Society of Actuaries meetings on financial reporting and modeling-related topics.Zohair’s paper “A Discussion of Actuarial Guideline 43 for Variable Annuities” was selected as a study note for the Society of Actuaries exam syllabus.