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Fellow of the Casualty Actuarial Society. Broad background in pricing, reserving, consulting and research, including large account pricing, reinsurance pricing, econometric modeling, reserving for and attestation of statutory and GAAP reserves, and modeling of contingent cash flows.
Consulting Actuary -- 2004–2009
Alan Gray Inc.; New York NY
Completed special projects for top Alan Gray management, including projecting the cost of uninsured liabilities of the target of an acquisition and helping to structure financing for those costs. Performed actuarial analyses for a variety of clients.
Aon Global Risk Consulting; New York NY
Worked closely with brokers and collaborated with enterprise risk management practice. Certified the adequacy of carried reserves to pay all claims for clients under large deductible commercial insurance programs. Appointed actuary for a number of captive insurers.
Independent Consultant
(Short-term engagements)
Reviewed pricing of National Accounts for a large carrier as part of due diligence for possible acquisition of one insurer by another. Reviewed clash pricing module and made recommendations for improvement to pricing software for an international reinsurer.
Actuary, The Robert Plan Corporation; Bethpage NY -- 2001-2003
Reporting to the CFO, managed the actuarial department. Created the reserving process when brought in-house. Designed loss development model for business in runoff. Instituted data validation procedures and management reporting. Worked with IT to streamline loss data update process by transforming the data delivery platform from paper to electronic. Worked with Claims Department to project necessary staffing levels as part of annual budgeting process.
Actuary, Insurance Regulatory Consultants; New York NY -- May-Nov 2001
Estimated outstanding state fund obligations for company in liquidation. Performed market feasibility study for medical malpractice carrier who wanted to expand its business. Assisted filing services staff by providing actuarial analysis supporting state filings.
Senior Actuarial Assistant, St Paul Re; New York NY -- 1999-2001
Worked closely with underwriters to price casualty treaties for North American business, both quota share and excess of loss. Participated in weekly underwriting meetings with members of North American and London offices. Participated in underwriting audits.
Actuarial Analyst, American International Group; New York NY -- 1996-1999
As part of the Risk Management Group, worked with underwriters to price National Accounts: large deductible, guaranteed cost, and loss portfolio transfers and to assess collateral need for large deductible accounts. Helped to develop departmental pricing tool and to train underwriters in its use. Acted as departmental liaison to division credit committee. As part of AIG’s Corporate Actuarial department, performed profitability analyses of Risk Management Group large deductible accounts.
Senior Actuarial Assistant, Insurance Services Office; New York NY -- 1991-1996
Developed an econometric model for calculating prediction intervals for trend. Managed production of annual econometric trend circulars. Coordinated production of quarterly Operating Results circular. Contributed to industry studies. Acted as departmental mentor for new actuarial staff.
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