Andrya Smith

Experience

• 

  PwC

  Sept 1998 - now

  Insurance industry experience• 20+ years of experience dedicated to PwC’s insurance practice• Extensive experience with IFRS, US GAAP, US statutory reporting, Bermuda statutory reporting, Sarbanes-Oxley implementations, mergers and acquisitions and comfort letters in association with debt issuanceGlobal experience• Worked two years in Bermuda as engagement senior manager for several of PwC’s largest insurance and reinsurance clients, including SEC registrants and captives of Fortune 100 companiesSpecific technical experience• Served as an Insurance Chief Auditor within the Firm's Quality Assurance group. • Experience with accounting for insurance broker revenue (e.g., brokerage commission and fees, direct/indirect bill premiums, contingent commission), mergers and acquisitions, goodwill valuation, and E&O reserves. • Experience with whole and term life insurance, annuities (including guaranteed minimum benefits), long-term care, and medicare supplement products. Experience with deferred acquisition costs recoverability and unlocking. Show less Lead senior manager for large, multi-national engagements responsible for designing an effective and efficient audit strategy and delivering on PwC’s service and value commitmentso Worked with management to identify the appropriate PwC Specialists (e.g., tax, mergers and acquisitions, stock compensation, etc.) to assist with the change in control transaction. o Led presentation to the Audit Committee to communicate the planned audit strategy, identify risk areas and share the results of audit work performed. o Responsible for coordination with Internal Audit (IA) and the Internal Controls Framework (ICF) team to ensure maximum leverage of work performed by IA and the ICF teamo Utilize PwC specialists to provide industry insights regarding topics such as ERM, FATCA, and economic sanctions programso Designed and led implementation of a consistent investment valuation testing strategy for all US-based subsidiarieso Led customized trainings for Finance (Annual IFRS, GAAP and STAT update), Internal Audit (Solvency II and ORSA) and Global Information Security (Introduction to Insurance and Key Performance Indicators)o Worked with PwC actuarial specialists to evaluate risk transfer for complex reinsurance contracts and develop a joint approach for auditing hurricane reserves—distributed as the suggested approach for all US reinsurance engagementso Consistently identified key controls across locations and designed a testing approach to maximize use of management’s testingo Helped remediate all deficiencies with the potential to rise above the level of control deficiencies, through early testing and regular communication, prior to year endo Responsible for Sarbanes-Oxley implementation and the issuance of all consents and letters of association regarding 50+ SEC filings in connection with a successful, unsolicited amalgamation Show less

  • Partner

    Jul 2014 - now

  • Associate - Senior Manager

    Sept 1998 - Jun 2014