Actuarial Services

Our actuarial services team includes experienced life, health, property/casualty, and pension actuaries. Our two key service areas are regulatory actuarial consulting services and pension and employee benefit actuarial consulting services.

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Actuarial Team

Expertise

TEAM OF PROFESSIONALS

Our actuarial team members average more than 25 years of experience working within the insurance industry, large consulting firms, and within the regulatory community.

The vast majority of our Actuarial team members are Fellows of the Society of Actuaries (FSA’s) Fellows of the Casualty Actuarial Society (FCAS’s) and/or Enrolled Actuaries (EAs) and the majority are Members of the American Academy of Actuaries (MAAA). Other designations held by our Actuarial team members include ASA (Associate of the Society of Actuaries), ACAS (Associate of the Casualty Actuary Society) , CERA (Chartered Enterprise Risk Analyst), CPCU (Charter Property Casualty Underwriter), and ARM (Associated Risk Manager).

Our actuarial team has been directly involved in actuarial professionalism and standards, including serving as past President of the American Academy of Actuaries (AAA), past Chair of the Actuarial Standards Board, current member of the Actuarial Board for Counseling and Discipline, current member of the AAA Board of Directors, and in several other actuarial leadership positions.

Members of our team consistently provide thought leadership by performing training at industry association events such as Career Development Seminars (CDS) for the Society of Financial Examiners (SOFE), and the Insurance Regulatory Examiners Society (IRES), as well as for the Insurance Accounting and Systems Association (IASA), and the American Academy of Actuaries (AAA) among others. We have also provided training for numerous insurance departments on a variety of industry topics, including Enterprise Risk Management (ERM) and Own Risk Solvency Assessment (ORSA), reinsurance, liquidity, long-term care, Big Data, and effective use of actuaries in the risk-focused examination process. RRC team members have written many articles, three of which won the Society of Financial Examiners (SOFE) Editor’s Choice Award. We are also active participants as interested parties in many National Association of Insurance Commissioners (NAIC) working groups and technical groups.

For More Information 855-246-0815

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What We Offer

VARIETY OF SERVICES
  • Assistance in risk-focused and market conduct examinations
  • Product development and pricing analysis
  • Rate filing reviews, including the use of Big Data and complex models
  • ERM and ORSA report reviews and consultation
  • Reserve valuations and certifications
  • Review of risk based capital and associated corrective action plans
  • Cash flow testing reviews
  • Review of prospective solvency assessment, including statutory and economic capital analysis
  • Review and validation of actuarial models
  • Appraisal and valuation services
  • Asset/liability management
  • Assessment of implications of regulatory change (such as the Affordable Care Act and Principle Based Reserves)
  • Pension and Post Retirement Benefit Plan Actuarial Valuations