Review capitalization and collateralization requirements of risk transfer programs.
Track historical loss experience and premium costs for profitability analysis for renewal negotiations.
Perform retention level analysis comparing historical large loss experience in various layers and providing comparison to premium charges / credits.
Develop standardized exposure and loss summarization procedures for the creation of loss submissions, forecasts, allocation, accruals and other management reports.
Analyze losses and exposures and forecast Workers’ Compensation, Automobile Liability, and General Liability losses for insurance renewals.
Compare historical loss forecasts to carrier forecasts and actual developed ultimate losses to test validity of forecasting methodologies and to aid in renewal negotiations.
Develop and maintain updated loss development triangles for forecasting and analysis of outstanding liabilities.
Analyze losses and exposures and forecast Workers’ Compensation, Automobile Liability, and General Liability losses for auditor reports and accrual allocations.
Participate in annual casualty insurance renewal planning and negotiations.
Design and develop custom reports for allocations, executive management, Cost of Risk, scorecards, benchmarking, etc.