Ben Conrad has been in the actuarial field since 2008, both as a regulator and consultant. His consulting experience includes:
- Developing and enhancing models for analysis of unpaid claim estimates for a wide variety of traditional and non-traditional property and casualty insurance programs.
- Organizing, summarizing, and analyzing large data sets provided by insurance carriers for use in actuarial pricing and reserving models.
- Creating and adapting complex pricing methods for traditional and enterprise risk insurance coverages.
- Analyzing self-insured retention options for large client self-insurance programs used in conjunction with traditional insurance programs.
- Supporting and educating clients in assessing the feasibility of establishing alternative risk financing programs, including captive insurance companies, risk retentions groups, and self-insurance programs.
- Providing support for insurance programs in various US domiciles by performing independent actuarial reviews of business plans, loss forecasts, pricing assumptions, and pro forma financial projections.
As a regulator, Ben was a Research and Statistics Consultant where he:
- Developed independent actuarial rate indications to assess company methods and assumptions for personal property lines of business.
- Trained other actuarial analysts with office procedures and actuarial methods in commercial automobile and commercial property lines of insurance.
- Assessed impact of Florida Statute and Rule changes on personal property, commercial automobile, and commercial property rate and rule filings.
- Developed in-depth filing summaries to guide supervisors in making final decisions.
- Communicated with insurance companies around the country to understand their needs and convey issues and solutions pertaining to rate and rule filings.