Team

Jeff

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Jeff Frederick, ASA, MAAA

Consulting Actuary

Jeff has 18 years of experience in the life insurance and annuity industry. His areas of expertise include modeling, product development, and valuation. He is a graduate of the University of Nebraska with a Bachelor of Science degree in Actuarial Science. He is a past president of the Kansas City Actuaries Club and continues to support the club by organizing their annual golf tournament. When he isn’t studying for his final exam, he spends his time tormenting greenkeepers by hacking up golf courses as well as exploring the local historical sites and trails.

Eric

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Eric Newberg, ASA, MAAA

President & CEO

A consulting actuary for 30+ years, Eric applies his experience, creativity, and tenacity to help life and annuity clients across the insurance industry. His expertise includes product design and pricing, statutory and GAAP valuations, asset adequacy analysis, experience analysis, strategic planning, actuarial appraisals, and due diligence investigations. Clients range from rapidly growing start-ups to established multi-billion dollar enterprises. Currently serving as Appointed Actuary for 8 life insurance companies and fraternal benefit societies, he is responsible to boards of directors, management teams, and regulators, all the while striving to advocate the client’s best interests. His leadership role centers on ensuring that MN has “command of what we do” by deploying individual qualities within the MN Team. His passion centers on faith fused with a positive attitude and profound energy.

Kristen

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Kristen Carlson

BUSINESS DIRECTOR

Kristen heads the communications and marketing support for MN, as well as manages the office. She is accustomed to wearing many hats and has a wide range of experience. Prior to joining MN in 2001, she worked as a project manager for a national training company, manager for the introduction of instructor-led training events on the Internet, newsletter editor, account analyst, and youth pastor for her church. Kristen enjoys working with special needs children in her off hours.

Carolyn

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Carolyn Convington, FSA, CERA, MAAA

Vice President & Principal

Carolyn joined MN in 2012 following six years with Generali USA Life Reassurance Company. She has a background in actuarial modeling and risk management specializing in helping clients manage and leverage risk. She has extensive experience with the development and reporting of embedded value, economic capital, and statutory and GAAP reserves. Since joining MN, she has gained valuable experience designing and pricing insurance products and performing actuarial audits and valuations. Carolyn’s volunteer activities include Secretary/Treasurer for the Kansas City Actuaries Club, question writer for the Society of Actuaries Strategic Decision Making Exam Committee, and advisory board member for Washburn University’s Actuarial Science Program. Away from the office, Carolyn enjoys spending time with her husband and three dogs.

Trevor

Trevor Huseman, FSA, MAAA

Vice President

Trevor has over twelve years of experience in the life and annuity industry. His areas of expertise include product development, pricing, modeling, and asset adequacy analysis. Since joining MN, he has gained valuable experience performing statutory and GAAP valuations as well as actuarial audits. Before his move to consulting, he spent over six years with insurance companies working to develop, grow, and maintain profitable product portfolios. Trevor also has extensive experience with actuarial software conversions and assisting companies in the implementation of efficient and improved modeling practices. He has served as a presenter and in supporting roles on a variety of committees for the Society of Actuaries and American Academy of Actuaries. Away from the office, Trevor enjoys playing golf, watching sports, and spending time with his wife and two kids.

Marshall

Marshall Barney

Actuarial Technician

Marshall has over 25 years of life insurance and annuity experience, including the assessment of reserve adequacy, company valuations, asset adequacy analysis, pricing and product development, and feasibility testing of life insurance sales illustrations. Marshall’s favorite activities revolve around his wife and four children, and coaching cross-country and track and field for homeschooled athletes in a University Model Christian school.

Linda

Linda McManigal

ARCHIVE SPECIALIST

Linda is in charge of archiving and maintaining the electronic files for MN. Before joining MN, Linda was an executive secretary for an aircraft navigational equipment manufacturer. She also worked for the American Academy of Family Physicians as an administrative assistant in the Education division, which audited continuing medical education programs. Linda’s volunteer activities include delivering food for Meals on Wheels and helping with a church food pantry.

Lori

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Lori Newberg, FSA, MAAA

EXECUTIVE VICE PRESIDENT & CFO

Lori’s 30+ years of actuarial experience include the design and pricing of insurance products, reinsurance solutions, valuation, asset adequacy analysis, corporate projections, modeling, and risk management. She serves clients in varied capacities such as Appointed Actuary, Illustration Actuary, and Product Development Actuary. Her clients include fraternal benefit societies, insurance companies, reinsurers, audit firms, and regulators. Lori is a Board of Director for Modern Woodmen of America. She has served on the Actuaries Section Advisory Council of the American Fraternal Alliance, Small Companies council member within the Society of Actuaries, as president of the local actuaries club, as president of a local women’s golf association, and is a frequent presenter on a variety of topics. Her passions are faith, family, and fun.

Tim

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Tim Verschelden, FSA, MAAA

MANAGING DIRECTOR

Tim specializes in the technical aspects of actuarial modeling, statutory and GAAP valuations, asset adequacy analysis, product development, and experience studies. His experience over the past 25+ years covers all types of traditional and interest sensitive life products and annuities. Practical application and interpretation of complex calculations, such as those required by Section 7702 of the Internal Revenue Code, is another area of his expertise. Tim’s volunteer activities include serving as past President of the Kansas City Actuaries Club and years of service in church children’s ministries and music ministries. He currently conducts a Sunday church service in a local nursing home on a monthly rotation.

Kyle

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Kyle Kurtz

ACTUARIAL ANALYST

Kyle holds a Bachelor of Science degree in Mathematics from the University of Kansas. His recent work experience includes statistical analysis of drug safety and efficacy for a large pharmaceutical CRO. He is preparing to take another actuarial exam and is learning hands-on what it takes to become an actuary. Kyle’s prior achievements include attaining Eagle Scout and a black belt in Tae Kwon Do. When he is not studying for the next actuarial exam or spending time with his wife and daughter, he enjoys outdoor activities such as golf, snowboarding, and paintball.

Sam

Sam Ellis

ACTUARIAL ANALYST

Sam joined MN in 2015 after graduating from Kansas State University with a Bachelor of Science degree in Mathematics. He has shown much success in his exam progress, having already passed four exams. At MN, he is gaining experience in many aspects of life insurance actuarial work including pricing, valuation, and cash flow testing, all while working towards his ASA designation with the SOA. During his free time, Sam likes to play pool, golf, and spoil his dog.

Alex

Alex Hill

ACTUARIAL ANALYST

Alex joins MN after recently graduating from the University of Nebraska-Lincoln with a Bachelor of Science degree in Actuarial Science. He has had great success with the actuarial exams, having already passed three exams. At MN, he is gaining experience in many aspects of life insurance actuarial work including pricing, valuation, and cash flow testing, all while working towards his ASA designation with the SOA. During his free time, Alex enjoys playing golf and attending concerts, and has recently learned to play the piano.

Nancy

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Nancy Wunderlich

QUALITY CONTROL DIRECTOR

Nancy Wunderlich has over 10 years of life insurance experience and specializes in the integrity of the work product produced by MN. She peer reviews assumptions in models, uniformity in reporting, and training on the actuarial software used for many assignments. When her children were younger, Nancy volunteered in their elementary and middle schools setting up math clubs and organizing competitions. When she’s not working, she enjoys spending time with her family and traveling.

Ed

Ed Cowman, FSA, MAAA

MANAGING DIRECTOR

Ed brings unsurpassed experience to our core practice area of Life Insurance and Annuities. His broad experience includes serving in managerial roles in both insurance companies and consulting firms. He currently serves as the Appointed Actuary and Illustration Actuary for several fraternal benefit societies. Ed earned his Bachelor of Arts degree in Mathematics with distinction from the University of Iowa. In his spare time, he enjoys spending time at his family farm.

Travis

Travis Wallander

ACTUARIAL TECHNICIAN

Travis came to MN in 2012 after graduating from the University of Kansas with a degree in Economics. His experience at MN includes assistance on state insurance examinations, development and pricing of life insurance products, validation of reserves and cash values, yearly cash flow testing, and assisting the Appointed Actuary in drafting Actuarial Memorandums. Travis served eight years in the U.S. Marine Corps. His dedication and strong work ethic provides a solid foundation as he pursues the actuarial exams and completes projects in a timely manner. In his free time, Travis enjoys hunting, fishing, golf, and his three kids.