Hymans Robertson has promoted product development consultant and actuary veteran Karen Brolly to Head of Products within the firm’s Life and Financial Services practice. She is tasked with supporting clients with strategy, pricing and product advisory services.
Karen Brolly joined Hymans Robertson in 2008, working, in her more resent role, as a Risk Management Actuary. She previously, from 2003, worked at Santander Asset Management as a Product Development Consultant. She started her career at AXA as an Actuarial Trainee in 1994.
Hymans Robertson’s promotion of Brolly, sees her appointed to the role of Head of Products within the firm’s Life and Financial Services practice. She takes responsibility for further developing the firm’s strategy, pricing and product advisory services to its clients in life insurance and financial services.
Emma McWilliam, Head of Life and Financial Services comments, “Karen brings over 20 years’ experience in product research and development to this exciting role, having worked with insurers, banks and asset managers. Her breadth of knowledge across financial services, both in terms of business models and product issues, means she provides our insurance clients with invaluable advice as they look to adapt to an ever-changing market.”
Karen Brolly adds, “I’m thrilled to be leading our product development and pricing services helping clients creatively overcome the challenging economic and regulatory environment. Life insurers are tackling the challenges of the low interest rate environment head on through product innovation, repricing and design and now Solvency II is in effect, focusing on ways to improve capital efficiency of products for the benefit of the end consumer through product design and optimising reinsurance structures.”
Late last year the firm added two senior consultants to its ranks – Beenesh Googoolye and Ritchie Thomson both moved over from rival consultancy firm Lane Clark & Peacock.