He is also the inaugural holder of the American Association of Managing General Agents (AAMGA) Chair in Risk Management and Insurance. Prior to joining the department, he served as an economist at the Federal Reserve Bank of New York (2000-2008) specializing in policy work relating to insurance issues in the broader financial system. He also worked as an actuary at Fireman’s Fund Insurance Companies (1990-1994), focusing on commercial insurance pricing and heading the firm’s workers’ compensation actuarial unit in 1994.