Aiaf Karen Lynch-Daly serves as the Head of Accounting Research and Compliance and Vice President at Munich Reinsurance America, Inc., where she leverages over 25 years of extensive experience in the (re)insurance industry. With a robust background in both GAAP and IFRS, as well as...
Aiaf Karen Lynch-Daly serves as the Head of Accounting Research and Compliance and Vice President at Munich Reinsurance America, Inc., where she leverages over 25 years of extensive experience in the (re)insurance industry. With a robust background in both GAAP and IFRS, as well as statutory accounting practices, Karen is adept at navigating the complexities of financial management within a highly regulated environment. Her role is pivotal in monitoring and assessing new and developing authoritative accounting guidance, ensuring that the organization remains compliant with evolving regulatory frameworks such as Solvency II and the Delaware Insurance Code.
Karen’s expertise extends to managing Solvency II reporting and analysis, where she plays a crucial role in evaluating the financial stability and risk management strategies of the organization. Her proactive approach to technical accounting research and policy development has led to the successful automation of accounting systems, significantly reducing inefficiencies and enhancing operational effectiveness. As a results-focused leader, she excels in identifying potential challenges and implementing innovative solutions that drive financial performance.
In addition to her core responsibilities, Karen actively participates in industry trade associations, contributing her insights to shape best practices and standards within the insurance sector. Her skills in financial reporting, internal controls, and financial analysis are complemented by her ability to deliver compelling presentations, making her a respected voice in the industry. Through her leadership, Karen continues to foster a culture of compliance and excellence at Munich Reinsurance America, ensuring that the organization not only meets regulatory requirements but also sets the benchmark for financial integrity and accountability in the (re)insurance landscape.
