Simone Brathwaite

Principal, Actuarial
Simone Brathwaite is a Principal in the St Michael, Barbados office with the Actuarial Consulting practice of Oliver Wyman. Her consulting focus has been on solvency, product pricing and enterprise risk management in both the European and North American insurance industry. Simone heads our new Oliver Wyman office in Barbados.

Simone's professional experience includes:

  • Managing the development, implementation and training on economic capital frameworks for insurers
  • Assisting insurers with the implementation and in-house training on enterprise risk management frameworks (policies, processes and controls)
  • Providing on-going Appointed Actuary support
  • Development, implementation and training of new pricing regimes (such as Market Value pricing) within insurance companies and across their subsidiaries
  • Performing and reviewing both traditional and market-consistent embedded value calculations for European and Caribbean insurers
  • Performing due diligence and appraisals related to mergers and acquisitions in North American and Caribbean markets
  • Supporting the Canadian MCCSR Advisory Committee and OSFI in the development of a revised risk-based capital framework compatible with IFRS Phase II
  • Consulting to National European insurance associations and regulators on various solvency capital approaches and the potential financial implications of Solvency II
  • Performing a benchmarking review and gap analysis of the risk management processes (including, risk limit setting, risk measurement and aggregation, risk reporting, and capital allocation) at leading Canadian insurance companies and banks for the Office of the Superintendent of Financial Institutions

Simone is a Fellow of the Canadian Institute of Actuaries and a Fellow of the Society of Actuaries, and has been consulting with Oliver Wyman since 1997. She holds an Honors Bachelor of Mathematics from the University of Waterloo.