Craig advises clients with the development, analysis, and validation of long-term financial forecasts. Such forecasts are used for product pricing, principles-based valuation or capital determination, risk management, statutory and GAAP projections and valuation, business planning, mergers and acquisitions, cashflow testing, and litigation support. He has extensive U.S. experience and had worked in countries around the world, including Japan, South Korea, China, Bermuda, Canada, France, Brazil, Mexico, Chile, Colombia, and Argentina. He has also advised Bermuda reinsurers with modeling, deal pricing, and financial reporting.
In recent years, most of Craig’s work is focused on financial reporting, mergers and acquisitions, and expert witness testimony associated with nonguaranteed element redetermination. Craig also works with companies to implement efficient stochastic pricing, reporting, valuation, and capital models. He has been involved in many major reinsurance and international merger and acquisition assignments, including post purchase implementation of new financial reporting regimes.
Craig has extensive experience with many product types, including universal life, traditional life, and variable, fixed, and indexed annuities.
Craig served as President of the Society of Actuaries (SOA), the largest actuarial professional organization in the world, from 2015 to 2016. He was on the board of the SOA for seven years. He currently serves as a member of the city council of the City of Mercer Island, Washington.