Geoff Udell, FCAS
Director, Head of Loss Reserving at Fortegra- Claim this Profile
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Bio
Credentials
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Fellow in the Casualty Actuarial Society (FCAS)
Casualty Actuarial SocietyDec, 2019- Nov, 2024
Experience
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Fortegra
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United States
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Insurance
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200 - 300 Employee
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Director, Head of Loss Reserving
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Jul 2023 - Present
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Actuary and Head of Reserving
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Dec 2021 - Aug 2023
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AIG
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United States
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Insurance
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700 & Above Employee
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Senior Actuarial Analyst
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Mar 2019 - Dec 2021
• Perform actuarial analysis of reserves for Workers' Comp Excess of Loss Sensitive, General Liability Excess of Loss Sensitive and Construction Defect lines of business• Book reserve changes in the quarterly close process• Conduct quarterly rollforward exercise for Construction Defect, GL Wrap, and WC Wrap lines of business
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Actuarial Analyst
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May 2016 - Mar 2019
• Spearheaded the development and automation of a quarterly reporting process• Produced monthly AvE reports• Led a working group to evaluate visualization software for company to license• Conducted a quarterly loss ratio bridging exercise• Assisted reserving actuaries in calculating range estimates
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Senior Actuarial Assistant
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Aug 2013 - May 2016
• Modeled data using statistical software to estimate reserve variability, premium variability and produce payout patterns• Produced a quarterly loss and UPR cash flow projection of company-wide PC liabilities• Modeled data using ICRFS to forecast ultimate losses and estimate tail factors in addition to supporting ICRFS group trainings• Allocated budget to business segment and legal entity
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Milliman
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United States
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Business Consulting and Services
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700 & Above Employee
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Actuarial Analyst
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Oct 2012 - Apr 2013
Prepared pension benefit packages for clients Generated Valuation, Disclosure, and Expense Reports Prepared Annual Funding Notices Prepared pension benefit packages for clients Generated Valuation, Disclosure, and Expense Reports Prepared Annual Funding Notices
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MetLife
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United States
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Insurance
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700 & Above Employee
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Intern
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May 2012 - Oct 2012
Assisted in building a stochastic statutory reserving model to validate reported reserves Helped build MATLAB model for calculating Lifetime Withdrawal Guarantee (LWG) rider reserves Assisted in building a stochastic statutory reserving model to validate reported reserves Helped build MATLAB model for calculating Lifetime Withdrawal Guarantee (LWG) rider reserves
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Compensation Resources
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United States
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Human Resources Services
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1 - 100 Employee
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Intern
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Sep 2008 - Dec 2008
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Education
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Ramapo College of New Jersey
Bachelor, Mathematics -
University of Delaware
Mathematics