Van Dam Consulting Group

Douglas S. Van Dam, Principal Consultant

The goal of Van Dam Consulting Group is to help insurance companies with financial reporting, risk management, and the interface between actuarial and IT.

Doug Van Dam is a Fellow of the Society of Actuaries (1982) and Member of the American Academy of Actuaries (1980). He has 15 years experience as an actuarial and IT consultant and 30 years experience working for life insurers. Doug works with global insurance companies in implementing strategic actuarial transformations.

He has extensive experience working with IT and financial reporting solutions. Prior to becoming a consultant, Doug spent many years as Chief Actuary and appointed actuary for mid-sized life and health insurance companies leading actuarial staffs of up to 20 people. He has experience with mergers and acquisitions and helped companies with timely and accurate PGAAP implementations.

Doug is an expert in emerging financial reporting issues. He has worked with clients to develop Indexed UL and annuity solutions and has been active with the International Actuarial Association Insurance Accounting Committee preparing practice notes on IFRS 17 and with the American Academy of Actuaries Financial Reporting Committee working with FASB on targeted improvements to US GAAP for long duration insurance contracts. Doug speaks regularly at industry events.

Sample of completed consulting projects:

  • Implementation of cloud-based financial reporting platform for major US life insurance company.
  • External peer review of LTC loss recognition process.
  • Assist global SAP partner with specification for implementation of IFRS 17

Douglas S. Van Dam

13171 Forest Circle
Clive, IA, 50325

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