Xiaowei Han joined TIAA as the Head of ALM in Feb 2019 where she leads the asset liability management function. Her team focuses on liability driven investment strategies, interest rate risk management, economic capital framework, dividend optimization, stress testing, asset and derivatives modeling, economic scenario generation and supporting various corporate initiatives.  

Before joining TIAA, Xiaowei had worked for Transamerica since 2008 gaining deep experience in variable and fixed annuities, universal life, retirement & pension, and institutional businesses. She led the universal life valuation and modeling functions and also headed the Enterprise ALM function that focused on holistic hedging, ALM analytics and strategies, capital management, asset and derivatives modeling, and ALM reporting across all lines of business. Prior to this, she worked as a Financial Risk Manager responsible for identifying financial risk in ALM/hedging strategies, modeling, and pricing related to the annuity, retirement, and institutional businesses. Other responsibilities at Transamerica included managing general account investment and hedging programs, liquidity management, designing and implementing variable annuity hedging strategies, reinsurance, capital initiatives as well as statutory reporting for variable and fixed annuities.  

Xiaowei holds a Master of Science degree in actuarial science from the University of Iowa, a Master of Science degree in physical chemistry from Nanjing University, and a Bachelor of Science degree in chemistry from Nanjing University. Additionally, she attained the following designations: Fellow of the Society of Actuaries (FSA), Chartered Financial Analyst 

(CFA®) charter holder, and Member of American Academy of Actuaries (MAAA).