Peter Scourtis has been in the actuarial field since 1992. Prior to joining Merlinos & Associates, he was the head of the actuarial department at Fortune Insurance Company for five years. His experience includes:
- Preparing rate filings for clients in automobile and homeowners‘ lines and work with insurance departments for approval of filings.
- Developing methods for analyzing catastrophe exposure in prone areas using industry data and computer models.
- Review of property insurance Issues in catastrophe prone areas.
- Profitability reviews of existing business and proposed business.
- Insurance product development consulting across new product lines, new states, and new entities.
- Preparing loss reserve opinions and actuarial reports for clients in personal and commercial lines.
- Developing comprehensive monthly monitoring of all insurance programs for client analyzing production and loss activity.
- Preparing comprehensive review of automobile programs for clients containing market review and analysis of program experience.
- Assisting in financial examination work.
- Extensive use of Access database to develop useful information including loss reserve reports, market rate comparisons, and product management.
- Development of computer pricing model using company and industry information.
- Development of loss reserve models.
- In-house IBNR Loss Projections and monitor loss reserves on monthly basis and assist claims department in review of trends, statistics and productivity.
- Catastrophe Management of property exposure level through monthly analysis of property exposures and Analysis of Reinsurance/FHCF Needs.