The FENG Banking S.I.G.

Next Meeting

When:

01/31/2019 – 4:30 PM to 6:30 PM (Reserve a spot at this event)

Where:

Grant Thornton
757 Third Avenue (between 47th and 48th Streets)
9th Floor
New York, NY 10017

Teleconferencing instructions - for those unable to attend, but would like to listen to the speaker
Teleconference starts at: 5:50 pm EST
Phone number: 712.432.0360 Access code: 588787#

Agenda:

Andrew Edelsberg's presentation on the
Kroll Bond Rating Agency and their outlook for the insurance industry.

The following topics will be addressed:

- KBRA, a different kind of rating agency
- The outlook for the insurance industry
- Their view of the banking sector


Biography:
Andrew Edelsberg
Managing Director, Insurance
Kroll Bond Rating Agency

Andrew Edelsberg is a Managing Director in the Insurance group at Kroll Bond Rating Agency. Andrew was hired in November 2015 to head the newly established insurance ratings team. Before coming to KBRA, Andrew worked for A.M. Best for over 15 years in the Life/Health Ratings Division. At A.M. Best, he managed several analytical teams that provided rating coverage for diverse groups of domestic life/health insurers.

Additionally, Andrew authored and oversaw the writing of research articulating A.M. Best’s credit opinion of life/health insurers as well as the rating agency’s position on industry issues. He often advised his peers on technical issues related to debt securities, rating tools and the rating process. For several years, Andrew was a standing member and co-chair of the Life/Health rating committee. Prior to this, Edelsberg was an Associate Analyst in the Life Insurance group at Moody’s Investors Service. Previously, he was an actuarial analyst at The Penn Mutual Life Insurance Company and worked on insurance company audits (mostly of life insurers) while at the public accounting firm of Coopers & Lybrand. Andrew received his undergraduate degree from the University of Pennsylvania’s Wharton School of Business with concentrations in Actuarial Science and Accounting. He is a Certified Public Accountant, a Fellow of LOMA’s Life Management Institute, and has passed the Level I exam of the AIMR Chartered Financial Analyst (CFA) Program.

The meeting schedule is:
4:30 – 4:45 PM Networking
4:45 – 5:00 PM Introductions and Housekeeping
5:00 – 6:00 PM Speaker, Andrew Edelsberg
6:00 – 6:30 PM Networking











Directions

757 Third Avenue is between 47th and 48th Streets, near Grand Central Terminal


About the Banking S.I.G.

The Banking SIG is comprised of Senior Banking, Broker Dealer, and other Financial services professionals.

Grant Thornton
757 Third Avenue (between 47th and 48th Streets) -
9th Floor
New York, NY 10017

Teleconferencing instructions - for those unable to attend, but would like to listen to the speaker
Teleconference starts at: 4:50 pm EST
Phone number: 515-739-1034
Access code: 588787#
Please mute your phones *6.


ALWAYS check the particular meeting details to ensure that teleconferencing will be offered. Some meetings due to their format or location may not support teleconferencing.

We endeavor to have monthly networking meetings with guest speakers in NYC. The meetings cover themes of interest impacting banks, Thrifts, Hedge Funds, Assset and Alternative Funds Management firms, broker dealer, Investment banks,and other financial services organizations. Themes cover the role of:

- Audit and risk management
- Compliance & corporate governance
- Treasury/asset-liability management pre and post financial crisis
- Managing relations with regulators(central banks) and auditors
- Managing pension plans/investment management process
- Role of credit risk monitoring including real estate and commercial loans
- Importance of conservative lending and good underwriting standards
- Role of boards in properly overseeing Banks and Financial Institution counterparties
- Quantify/measure and properly assess trading risk
- New trends/issues impacting banks/financial institutions.

Typically meetings in New York City are held the 3rd Tuesday of the month based on venue and speaker availability. The purpose is to inform, engage audience, create a meaningful Q&A and good interaction between speakers and audience with a pre-post card exchange/greeting with speakers and members of audience thus increasing interaction and networking for all involved. We encourage FENG members to get involved and contribute with ideas, speakers, venue selection or other suggestions as needed. The speakers are "experts" in their respective areas of interest and we try to attract an audience with knowledge, expertise and strong interest in theme discussed but meetings are open to all FENG members on a first come, first serve basis.

In addition, the Banking SIG may have a business card/meet and greet event on a sporadic basis thus allowing FENG members to meet each other, network and exchange views with other banking/FI professionals in an unstructured, relaxed setting. In addition to helping FENG members network with each other and guest speakers of interest, we aim to educate and inform all banking SIG members on new trends that shape financial services industry on a day to day basis.

S.I.G. Leadership

Doug Zucker
dougzucker@aol.com
(914) 319-0295

Future Meetings

02/12/2019
04:30 PM to 06:30 PM
Grant Thornton
757 Third Avenue (between 47th and 48th Streets)
9th Floor
New York, NY 10017

Teleconferencing instructions - for those unable to attend, but would like to listen to the speaker
Teleconference starts at: 5:50 pm EST
Phone number: 712.432.0360 Access code: 588787#

03/12/2019
04:30 PM to 06:30 PM
Grant Thornton
757 Third Avenue (between 47th and 48th Streets)
9th Floor
New York, NY 10017

Teleconferencing instructions - for those unable to attend, but would like to listen to the speaker
Teleconference starts at: 5:50 pm EST
Phone number: 712.432.0360 Access code: 588787#

04/17/2019
04:30 PM to 06:30 PM
Grant Thornton
757 Third Avenue (between 47th and 48th Streets)
9th Floor
New York, NY 10017

Teleconferencing instructions - for those unable to attend, but would like to listen to the speaker
Teleconference starts at: 5:50 pm EST
Phone number: 712.432.0360 Access code: 588787#


For Meeting Information, Please Contact:
Doug Zucker
dougzucker@aol.com
(914) 319-0295

OUR SPONSORS:

cfo