Reserving Bootcamp

Ready to go back to basics and review the fundamentals of reserving? There is no better way to jump start your knowledge or refresh your loss reserving skills than this one day loss Reserving Bootcamp.

This session will enhance your basic and intermediate skills using the traditional methods of reserving. Participants will work with experienced loss reserving professionals, using realistic loss and expense claims data.

The session goals are:

• To build loss triangles;

• Compute and select loss development factors;

• Perform a variety of loss and loss adjustment expense reserving methods;

• Compare the results of the various methods and evaluate their strengths and weaknesses;

• Review additional information and take that into consideration in the methods and estimates; and

• Make final reserve selections.

This workshop is appropriate for actuaries as well as non-actuaries. It is recommended to have dual monitors or split screen monitors to more effectively participate in this workshop.

The workshop will be hosted from 9:00 am to 12:30 pm EDT for the morning session, and 1:00 pm to 5:30 pm EDT for the afternoon session.

  • Date:Wednesday, September 15
  • Time:9:00 AM - 5:30 PM EDT
  • Session Type:Full-Day Workshop
  • Session Code:WS-1
  • Learning Objective 1:Learn traditional reserving methods to build loss triangles, to compute loss development factors, and to “read the data” when making factor selections including tail factors.
  • Learning Objective 2:Perform various reserving methods and to understand the limitations of those methods.
  • Learning Objective 3:Compare and evaluate final reserve selections using sensitivity analyses.
  • Level of Knowledge:Level 1: No prior knowledge of the subject
  • Moderator:Sylvia Yang
Jane Taylor, FCAS
Huggins Actuarial Services, Inc.
R. Scott Cederburg, FCAS
D. Scott Lamb, FCAS
McKee Risk Management