Kirk Braunius, ASA, MAAA

Consulting Actuary

PROFESSIONAL AFFILIATIONS

  • Associate of the Society of Actuaries
  • Member of the American Academy of Actuaries

EDUCATION

  • B.A., Mathematics
    William Paterson University

Kirk Braunius started in the actuarial and insurance field in 1985.  His career includes time with Coopers & Lybrand, Kwasha Lipton, and Prudential Reinsurance.  His experience includes the following:

  • Assist state regulatory authorities with financial examinations of approximately 100 health insurers, as well as numerous property & casualty insurers. Includes entities of all sizes, including a multi-state exam that included over 20 companies with actuarial reserves of over $5 billion.
  • Identify exceptions, and propose examination recommendations related to carried reserve amounts, regulatory compliance issues, and internal controls over the reserving process.
  • Experienced in the implementation of risk-focused financial examinations of insurance companies.
  • Assist with issues related to the Affordable Care Act for a health insurer in receivership.
  • Litigation consulting related to troubled health insurance companies in receivership.  Responsibilities include analyzing legal liability of outside actuarial consultants.
  • Conduct analyses of self-insured health plan costs.
  • Complete reserve analyses for self-insured health plans and health insurers.
  • Property and casualty reserve analyses for insurance companies and self-insured entities.
  • Review property and casualty rate filings and health rate filings for state regulatory authorities. Make recommendations to regulators regarding the validity of requested rate changes.
  • Implement funding studies for captive insurers.