Jim Toole  FSA, CERA, MAAA
Vice President & Managing Director, Life & Health
Jim.Toole@MBAActuaries.com
(336)768-8217

Jim Toole spent two years in Princeton University’s engineering program before graduating cum laude from Wake Forest University in 1987 with a Bachelor of Science in Mathematics. He began his actuarial career at Integon Insurance Company in Winston–Salem before joining MetLife in their New York City office. With an eye toward international markets, he joined Tillinghast-Towers Perrin’s Mexico City office where he lived and worked for two years before moving to Milliman Global. During his years at Milliman Global, he helped establish the Latin America practice as the leading provider of merger and acquisition services in the region. In 2009, he became a Certified Enterprise Risk Analyst as a result of his leadership in the practice of Enterprise Risk Management.

Mr. Toole has over 20 years of management and technical experience in the insurance industry. He has worked in various lines of business including life, health, and P&C, providing support from the product development, filing, financial reporting, regulatory, and management perspectives. Individual life product experience includes term, whole life, UL, and variable, as well as a variety of health riders and stand alone products. Mr. Toole’s health experience spans self-insured plans, MEWAs, large group, small group, individual, work-site, and specialty products. Health policy interests include health disparities, community benefit for non-profit hospitals, and health impact assessments.

Mr. Toole is a frequent speaker at industry meetings, seminars, and universities in the United States and Latin America. He has written and/or edited articles for numerous industry publications. “Actuarial Considerations in Insurance M&A: An International Perspective” was published by the Society of Actuaries (SOA) in 2003 and included on the Course 8 Finance exam syllabus. He was co-editor of the textbook “Insurance Industry Mergers and Acquisitions”, published by the SOA in spring 2005. He currently serves as lead researcher on the SOA sponsored project to analyze the potential impact of a pandemic on the U.S. life and health insurance industries.

Mr. Toole has participated energetically in SOA professional activities for over 15 years, including serving on the Computer Science Section Council, International Section Council (chair 2001), Latin American Committee (founder and past-chair), Course 8 Finance Exam Committee (Enterprise Risk Management track), SOA Marketplace Relevance Strategic Action Team, and Chair of the 2009 Health Spring Meeting. He has been active in the SOA strategic planning process since its inception in 2000, and has served on numerous related committees and task forces. He currently serves on the Self Insurance Institute of America (SIIA) Health Care Committee, and is former chair of the Health Section of the SOA, which coordinates and funds research and education activities on behalf of 3,500 U.S. and Canadian health actuaries.

Mr. Toole joined MBA Actuaries in October of 2002 in the capacity of Managing Director of the Life and Health division and is responsible for the day-to-day operations of the Winston-Salem office. Locally, Mr. Toole is chair of the Forsyth County Health Equity Action Team, vice-chair of the Winston-Salem Children’s Theater, and a director of the Downtown Rotary Club. He is usually coach of one or more of his children’s sports teams per season.