Walter Richards
Senior Actuarial Analyst at SAIF Corporation- Claim this Profile
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Bio
Credentials
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Associateship in the Casualty Actuarial Society (ACAS)
Casualty Actuarial SocietyJun, 2022- Nov, 2024
Experience
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SAIF Corporation
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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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Apr 2023 - Present
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Elephant Insurance
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United States
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Insurance Carriers
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200 - 300 Employee
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Actuarial Analyst
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Dec 2021 - Feb 2023
Performed quarterly analyses to assess reserve adequacy for an auto book of business with $180 million in 2022 written premium. Prepared Average Premium & Quarterly Underwriting Reports used in strategic planning and reinsurance reporting. Prepared Schedule P for the 2021 & 2022 year-end financial statements and redesigned the preparation process for a software transition during that period. Performed quarterly analyses to assess reserve adequacy for an auto book of business with $180 million in 2022 written premium. Prepared Average Premium & Quarterly Underwriting Reports used in strategic planning and reinsurance reporting. Prepared Schedule P for the 2021 & 2022 year-end financial statements and redesigned the preparation process for a software transition during that period.
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Texas Department of Insurance
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United States
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Government Administration
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700 & Above Employee
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Actuary
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Jun 2015 - Oct 2020
• Perform actuarial examinations of property & casualty, and title companies, • Reviewed actuarial opinions and related workpapers on an annual basis for primarily Texas-domesticated P&C insurance companies.• Compiled aggregate data using the NAIC I-Site to produce aggregate P&C Opinion Statistics, and other special projects.
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Actuarial Intern
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Mar 2015 - May 2015
Reviewed annual Statements of Actuarial Opinion submitted primarily by Texas-domesticated insurers for Life & Health Insurance Companies.
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Education
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The University of Texas at Austin
Bachelor of Science - BS, Mathematics - Actuarial Sciences