by Al Rhodes, ACAS, MAAA | Nov 4, 2019 | Analytical Issues, Sales
There are many reasons an actuary may be engaged to complete an actuarial report, everything from due diligence to regulatory requirements. These engagements commonly involve review work which require the engaged actuary to review another actuary’s report for a large...
by Al Rhodes, ACAS, MAAA | Mar 26, 2012 | Loss Control, Training Resources
A picture can be worth a thousand words. Or, in this case, a “map” can be an easy way to explain how the terminology used by actuaries fits together in one diagram. If you are a broker, you will eventually discuss with some of your clients the following...
by Al Rhodes, ACAS, MAAA | Feb 8, 2012 | Benchmarking, Loss Control
Note: The following article uses workers compensation as an example only. The technique is applicable to any line of coverage. A very effective method to measure the impact of a loss control program is an analysis of losses versus payroll. This statistic is called the...