Mark has over 30 years of actuarial experience at the FSA level. Most of that has been working for large life insurance companies. At Applied Stochastic, Mark has worked on numerous aspects of variable annuities and equity index annuities for clients. Activities have included work on scenario generation analysis, fund mapping, fund basis error, analysis of customer behavior, performance attribution, roll forward analysis, hedging software enhancements, model review to ensure product mechanics properly reflected and policyholder behavior assumptions logical and reasonable, documentation, mathematics and derivatives training, divestiture, and other related activities primarily in conjunction with hedging embedded guarantees in variable annuities and equity index annuities. Mark has developed proprietary software for risk neutral valuation and sensitivity calculation.

Immediately prior to forming Applied Stochastic he worked in the derivatives department for AEGON, where he had been Program Manager for equity index annuity, equity index universal life, and variable annuity hedging. Previously he worked in life and annuity product development which included developing equity index annuities. He has extensive experience with the development of actuarial related software including that used for stochastic and historical modeling of equity and interest derivatives as well as hedging software. He managed the development of AEGON's in-house variable annuity hedging software, personally doing the majority of the coding.

Mark worked as an actuarial intern with Occidental in Los Angeles in the summer of 1976. He worked as an actuary for American National in Galveston from 1977 to 1980, where he was engaged in experience studies, valuation and financial issues, corporate modeling, and reinsurance.

Mark joined Providian Corporation, now AEGON USA, in 1980. There Mark was involved in economic modeling, Monte Carlo simulation, profitability management, acquisition and divestiture analysis, expense analysis, statistical analysis, and product development (pricing, product form filing, and statistical studies), in addition to functions similar to those performed for American National. Mark has worked in several different computer languages including IBM 370 Assembler, APL, BASIC, C#, COBOL, and others. He developed an expert system for data discrepancy resolution using conventional computer languages. His product development work with equity index annuities included extensive modeling of hedging techniques.

Mark has the FSA and FLMI/M designations. He is a past question writer for both the SOA interest theory and life contingencies examinations. He served on the SOA examination syllabus committee. He has written papers and articles appearing in actuarial publications and is a frequent speaker at SOA meetings. He is a past Chairperson of the Computer Science Section Council of the SOA.

Mark has a Bachelor's of Science Degree from the University of Nebraska. He majored in Mathematics with a minor in Actuarial Science. He was a member of Phi Beta Kappa and a National Merit Finalist.