B. Jenny Chon
Consulting Actuary, CSB Associates, Inc.
Polytechnic Alumni Association - International Board of Directors (Term ending August 31, 2020)
B. Jenny Chon is a consulting actuary with CSB Associates, Inc. Jenny is an Associate of the Society of Actuaries, a member of the American Academy of Actuaries, and also an Enrolled Actuary. Jenny has over 20 years of experience in actuarial consulting for retirement benefit plans with consulting firms including The Wyatt Company and Mercer as well as with insurance companies, MassMutual and Samsung Life.
Jenny led and managed consulting services, primarily to defined benefit plan sponsors, with respect to plan design, funding, accounting, government reporting, and administration. Jenny supervised the preparation of individual benefit calculations, annual actuarial valuations and government reporting that included interpretation of plan provisions, regulations, and standards; review of actuarial assumptions, reconciliation of census and financial data, funding and accounting valuation results and reports, and cash flow analysis; and delivery of client communications.
In 2006 to 2008, Jenny was abroad at Samsung Life Insurance located in Seoul, Korea. Jenny served as an advisory general manager and actuary leading the newly formed Corporate Pension Consulting unit. She trained pension professionals and actuaries on technical as well non-technical aspects of retirement benefits consulting services that included plan design, funding, accounting (IAS 19), administration, and communication. She also reviewed actuarial valuations, and funding and accounting reports. Additionally, she led the responses to proposals for consulting services and education requests about local retirement benefits for foreign-affiliated companies operating in South Korea, bridging cultural and informational gaps between local and regional offices or headquarters.