Peter Scourtis, FCAS, MAAA

Principal and Consulting Actuary

PROFESSIONAL AFFILIATIONS

  • Fellow of the Casualty Actuarial Society
  • Member of the American Academy of Actuaries

EDUCATION

  • B.B.A., Risk Management and Insurance
    University of Georgia

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.
  • Consulting in the establishment of 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.