Mary J Bahna-Nolan FSA,MAAA,CERA
Senior Vice President, Head of Product Innovation & Strategy; Pacific Life Insurance Co
Mary recently joined Pacific Life as SVP, Head of Product Innovation and Strategy. In her role, Mary oversees Pacific Life’s product design and strategy, underwriting innovation and data analytics for the Life division. Prior to joining Pacific Life, Mary was most recently Executive Vice President, Head of Life R&D, for SCOR Global Life. In that role, she was responsible for building and shaping the company's global strategic direction for all R&D activities supporting the interaction of mortality, underwriting, medical research, behavioral research and business development. Through Mary’s leadership, she built an industry recognized multi-disciplinary team over a three-year period. Accountable for driving key innovation initiatives at SCOR, Mary oversaw the Plug & Play InsureTech Anchor Partnership and vendor approach, use of big data in risk selection, accelerated and automated underwriting, and helped introduce the use of advanced analytics including machine learning and AI into business processes. Mary was also responsible for experience analysis including expert judgment for best estimate assumptions for mortality and policyholder behavior risks for a $1.7 trillion inforce block as well as mortality and policyholder-behavior risk calibration for SCOR’s internal model under Solvency II. Mary was instrumental in developing SCOR’s strategy and purpose-driven culture and was a mentor in SIGN, SCOR’s women’s leadership development program.Over a nearly 30-year career, Mary served in Senior Management roles, including Chief Actuary, Chief Product Actuary, and Chief Risk Officer for various domestic and global organizations. Mary consulted for seven years with PwC, providing audit and advisory services to life insurance and reinsurance clients, focusing on principles-based reporting, ERM, capital management, M&A, governance, controls, market consistent embedded value, and expense/performance management. Throughout her career Mary has lead strategic and cultural transformation.Mary has a Bachelor of Science from the University of Michigan in Actuarial Mathematics and Economics. She is a Fellow and Chartered Enterprise Risk Analyst in the Society of Actuaries (SOA) and a Member of the American Academy of Actuaries (MAAA). In addition to internal corporate boards, Mary is currently on the board for MIB, served on the boards of the Academy of Actuaries and Society of Actuaries and served on and/or Chaired numerous committees for both organizations. She is a frequent industry speaker and author of several papers.domestic and global organizations. Mary also spent seven years with PwC where she provided audit and advisory services to life insurance and reinsurance clients, focusing on principles based reporting standards, ERM, capital management, merger and acquisition, governance and controls, market consistent embedded value, and expense and performance management. Mary has a Bachelor of Science degree from the University of Michigan in Actuarial Mathematics and Economics. She is both a fellow and chartered enterprise risk analyst in the Society of Actuaries (SOA) and a member of the American Academy of Actuaries (AAA or Academy). Mary has served on the boards for both the American Academy of Actuaries and Society of Actuaries and has served on and/or chaired numerous committees for both organizations. She is a frequent speaker at industry meetings and author of several papers and articles.