Reinsurance Issues and Trends (Insurance Conference)

Joseph B. Sieverling
Senior Vice President & Director of Financial Services
Reinsurance Association of America

Joseph B. Sieverling is Senior Vice President and Director of Financial Services of the Reinsurance Association of America. His current responsibilities include providing RAA members, insurance regulators and others with technical advisory services in the areas of Statutory, GAAP and IFRS accounting and reporting, domestic and international regulation, Federal and State taxes affecting insurers and reinsurers, and financial markets and alternative risk transfer mechanisms. Mr. Sieverling serves as the staff liaison to several RAA committees including the Accounting, Actuarial and Tax committees. Mr. Sieverling is responsible for publishing a number of RAA financial reports and products including the RAA Loss Development Studies, Reinsurance Quarterly Results, Reinsurance Underwriting Review and the Offshore Market Report m among others.

Mr. Sieverling is the chairperson of the industry interested persons group in charge of liaison with the NAIC on accounting, regulatory and reporting matters affecting reinsurance. He has represented the U.S. insurance industry before the FASB, IAIS, NCOIL, and other organizations and he is actively involved in RAA’s advocacy activities at the state and federal level.

Prior to joining the RAA in 2000, Mr. Sieverling was Director of the Financial Services Division of the NAIC. During his seven-year tenure, Mr. Sieverling supervised the development of NAIC Codification, the administration of the State Accreditation program and was responsible for virtually all accounting, solvency regulation and finance related committee activity at the NAIC. Mr. Sieverling also was employed by Coopers and Lybrand for six years. As a senior audit manager, he served clients in a variety of industries including the insurance, banking, equipment leasing and manufacturing industries.

Mr. Sieverling is a member of the AICPA and Missouri Society of CPA’s and he served as a member of the AICPA Insurance Companies Committee.  He received a Bachelor’s of Science Degree from Wichita State University in 1983.

Nov 2017