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Maximize the benefit of an actuarial analysis with
An Actuarial Advantage.
In the booklet entitled An Actuarial Advantage:
Maximizing the Benefit of an Actuarial Analysis, author Tim Coomer writes,
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Effective utilization of an actuarial resource can prove to be a powerful advantage for brokers,
chief financial officers, and risk managers. Unfortunately, this advantage is often unrealized due to the
complexity of the risk management process.
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This unrealized advantage is what prompted us to write the book," Coomer
says, referring to his colleagues at SIGMA Actuarial Consulting Group
and their affiliate, Specific Software Solutions.
"Our goal in writing the book was to clear up a lot of misunderstood
actuarial topics and to make a variety of risk management professionals more
confident in their interactions with actuaries."
To accomplish this goal, the booklet:
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Presents a clear explanation of fundamental actuarial topics and actuarial methods
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Discusses the most effective ways to utilize an actuary for a competitive advantage
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Identifies common problems encountered by brokers, CFOs, and risk managers when working
with actuaries, and presents strategies for preventing these problems
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Provides specific examples of real world applications of actuarial analyses.
Understand Cash Flow Analysis,IBNR, Loss Development Factors, and more...
Specific topics include:
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Defining the actuary
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Understanding loss development factors
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Reserve analysis and the ABC’s of IBNR
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Forecasting losses
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The value of a cash flow analysis
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Understanding confidence intervals
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Real world Applications for your actuarial analysis
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Your checklist for working with an actuary
Additionally, the book warns readers of common misconceptions and mistakes, emphasizes key concepts to remember
when working with an actuary, and includes a glossary of actuarial terms.
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Register now
for your free
download or order your
printed copy for just $7!
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As advertised in
Insurance Journal and
IRMI Update...
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After reading this book, you will better understand
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when you need an actuary,
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the advantage of having an actuary on your team,
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actuarial terms and methods,
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and how to make decisions based on the advantage of an actuarial analysis.
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Do you represent a captive,
pool, trust, small insurance company
or other SRBE?
Don't miss our article on the
Risk Retention Model
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