Markus Hersche
Manager
Zürich, CH
Markus Hersche joined Milliman's Zurich office in August 2021. His main areas of expertise include:
- IFRS 17
- Actuarial testing
- Pricing
- M&A due diligence
Experience
At Milliman, Markus has been involved in the following consulting activities in the area of P&C and life insurance:
- Several projects related to IFRS 17 that involved documentation, actuarial tool testing, and requirement engineering
- Industrialisation/automation of recurring actuarial/reporting processing
- Analysis of IFRS 17 public disclosures
- Analysis of use cases for actuaries using Generative AI
- Guarantee reserve calculations
Before joining Milliman, Markus worked for two years as a Life Pricing Actuary in the actuarial department of a Swiss insurer. Markus holds a PhD in Economics from the ETH of Zurich and is a full qualified Actuary SAA.
Professional Designations
- Actuary SAA (Swiss Association of Actuaries)
Education
- PhD, Economics, ETH Zurich
Publications
Read their latest work
Article
IFRS 17 benchmarking: FY 2023
30 July 2024 - by Demosthenis Demosthenous, Markus Hersche, Dilesh Patel, Jean-Baptiste Sallmann, Francois Uzan, Henny Verheugen
For European insurers, contractual service margin, risk adjustment, and reevaluations significantly influenced performance in 2023.