Jon Bardola

Jon Bardola has worked in various actuarial and line management positions for Zurich Insurance Group (ZIG) since 1989. As from 1996 he has served as the deputy of the Corporate Chief Life Actuary. At the beginning of 2003, he was appointed Corporate Chief Life Actuary and Head of Corporate Support of ZIG's multinational Life and Financial Services businesses. During 2006/07 he worked as senior consultant for the Tillinghast business of Towers Perrin (today 'Willis Towers Watson') providing consulting services in various Continental European countries. Jon founded FS-Consulta GmbH in 2007 (Managing Director). Since then he has been working on a broad range of projects and is supporting today various companies on a consultancy basis.

Due to numerous activities, Jon has very wide senior management experiences, particularly in life insurance areas such as:

  • Calculating, consolidating, reporting and using Embedded Value (EV) techniques (Zurich Insurance Group was the first major Continental European insurer to publish EV results)
  • Developing and implementing new EEV / MCEV (market consistent) standards and supervising calculations
  • Controlling & planning, financial reporting and analysis in general (US-GAAP, IFRS, EV with their bridges)
  • Monitoring solvency, developing and implementing RBC and capital adequacy models (economic capital, solvency II, Swiss solvency testing / SST)
  • Actuarial risk management and Asset and Liability Management (ALM)
  • Management of stochastic modeling projects and of teams using EV reporting software tools
  • Supporting business units and life insurance companies on wide variety of actuarial and other issues
  • Organizing training, knowledge management and best practice transfer within the actuarial community
  • Life and health reinsurance businesses
  • Management of Swiss group life insurance business (2nd pillar, BVG)
  • M&A projects (incl. market consistent valuations) and securitization projects (insurance linked securities, ILS)
  • Micro-insurance industry
  • Board of Director

Jon Bardola studied mathematics at the Federal Institute of Technology in Zurich, where he graduated in 1980 (MSc ETH). He has been a full member of the SAA, the Swiss Association of Actuaries, since 1980 (qualified actuary).

His mother tongues are Italian and German; he is fluent in English and French.

Employment history:

2006 - 07 
1989 - 05
1983 - 89
1980 - 83
Founder of FS-Consulta GmbH
Tillinghast Towers Perrin

Zurich Insurance Group
Union Reinsurance Company
IBM Switzerland