Actuarial Consultant

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Actuarial Consultant

A professional who assists an individual in making financial decisions, especially involving insurance or pensions. The actuarial consultant uses statistical models to assess the client's risk and gives advice based upon that information. Unlike actuaries who work for insurance companies, actuarial consultants have a fiduciary responsibility to work in the best interests of the person seeking to buy insurance or participate in a pension.
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In a Central Ohio insurance community consisting of more than 50,000 insurance professionals including Nationwide, Grange, State Auto, Motorists, Ohio Indemnity Company, Century Insurance Group, United Commercial Travelers, SafeAuto, Amerishare, Assurex Global, Westfield, OHA Insurance Solutions, Ohio Bar Liability Insurance Company, Ohio Bar Title Insurance Company, the Ohio Department of Insurance and the State of Ohio Bureau of Workers' Compensation, dozens of actuarial consultants and thousands of CPCUs and CLUs, Joe's thought leadership and ability to translate creative thinking into practical solutions set him apart as one of twenty people to know.
Working with Aon Hewitt s pension actuarial consultants and investment consultants, he develops strategic and dynamic asset allocation solutions, analyzes plan settlement strategies, and monitors the success of these strategies against both traditional and nontraditional benchmarks.
By setting up in Germany, we aim to mirror the creation of a regional platform such as we have done in Paris in the last few years, with close working relationships between brokerage, actuarial consultants and software," Richard Denniston, director for continental Europe at Towers Watson (Re)Insurance Brokers, said in a statement.
In 1974, he purchased Transamerica Actuarial Consultants and formed his own company, Dan McGinn & Associates, Inc.
The largest city centre deal was for 8,000sqft of grade-A space to actuarial consultants Punter Southall at Wellbar Central in a consolidation move.
Actuarial consultants Lane Clark & Peacock (LCP) predict the pension buy-out market will exceed pounds 10billion this year - up from pounds 2.
The so-called alternative investment scene will be reviewed by Martin Coombes of Cardiff-based actuarial consultants Quantum - alongside Simon Gibson of Wesley Clover Corporation and Ian Davies, pension's partner with Eversheds Solicitors, Cardiff.
Edward Costner, president of Casualty Actuarial Consultants Inc.
The deficit faced by FTSE 100 companies with final salary pensions fell to pounds 42bn from pounds 55bn during the year to the end of July, according to actuarial consultants Lane Clark & Peacock .
Actuarial consultants Lane Clark & Peacock said the FTSE 100 Index would have to reach at least 6000 points by next year to clear the deficit - an increase of nearly 50 per cent.
The problem is that it cannot know claims experience for certain in advance, although actuarial consultants or insurance companies can help with estimates.
However, in plans that feature flexible spending accounts, the issue becomes slightly more complicated," says Pat Byrnes, president of Actuarial Consultants, Inc.