Mark L. Brannon, Consulting Actuary, FCAS, MAAA, CPCU

Mark L. Brannon, Consulting Actuary, FCAS, MAAA, CPCU

Principal

Mark Brannon has twenty-three years of actuarial experience. He holds a Bachelor of Science degree in Mathematics from Furman University, is a Fellow of the Casualty Actuarial Society, a Member of the American Academy of Actuaries, and a Member of the Society of Chartered Property & Casualty Underwriters.  Mark has also participated in ratemaking seminars as a panelist discussing the use of computer simulation models in ratemaking. Before joining Merlinos & Associates, he worked for eight years at State Farm Fire and Casualty Company leading a group of actuaries and support staff with responsibility for all ratemaking activity in nine southeastern states for several lines of business.  Mark also worked as a property and casualty actuary for Cotton States Mutual Insurance Company.

Experience:


  • Rate and product development for various lines of business for direct insurers, including rate filing preparation and follow-up with state insurance department personnel (property insurance in Florida and other coastal states)
  • Strategic planning regarding regulatory, political, and industry developments
  • Incorporating the results of computer simulation models for both hurricane and earthquake perils into rate filings
  • Serving on the Professional Team of the Florida Commission on Hurricane Loss Projection Methodology and the South Carolina Hurricane Expert Panel (primarily involving reviewing the detail of submitted models to ensure compliance with established standards)
  • Development of rating plans and rates for various lines of business and niche programs on behalf of captives and self-insured companies and municipalities.
  • Providing actuarial services to state insurance department clients (providing actuarial assistance in financial examinations of insurance companies and actuarial review of property/casualty rate filings for a wide variety of lines of business)
  • Expert testimony in rate hearings in Florida, Louisiana, South Carolina, and on behalf of state insurance departments in Alabama and Massachusetts
  • Participated in actuarial committees for several residual market entities

To learn more about the services we offer, please visit our Actuarial Services.