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www.wakely.comState of Oregon Individual Market 2018 and 2019 Reinsurance Parameter EstimatesApril 19, 2018Prepared by: Wakely Consulting GroupJulie Peper, FSA, MAAA Principal Danielle Hilson, FSA,
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A senior consulting actuary is a professional who provides expert advice and analysis on financial risks, particularly in the insurance and pension industries. They assess future events and uncertainties to help organizations make informed financial decisions.
Entities such as insurance companies, pension funds, and other financial organizations that require expert actuarial opinions and reports are typically required to file documentation related to a senior consulting actuary.
To fill out senior consulting actuary documentation, one must gather relevant financial data, actuarial assumptions, and any regulatory requirements. It typically involves completing standardized forms with detailed calculations and justifications for estimates.
The purpose of a senior consulting actuary is to provide organizations with accurate actuarial analysis that informs strategic decision-making, ensures regulatory compliance, and aids in risk management.
Information that must be reported typically includes demographic data, assumptions used for calculations, financial projections, and the rationale behind actuarial estimates. It may also involve the potential impact of different scenarios on financial outcomes.
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