North York
01-30-2006, 04:02 PM
I've been asked by my company to perform a financial analysis of one of their Experience Rating Plans (I work in workers compensation...).
Basically the analysis would entail comparing actual employer performance to expected values based on pricing benchmarks (which I need to develop).
I was hoping that I could use this in the area of Actuarial Appraisals or Performance attribution along the Investment track for my PDs. My supervisor seems to think that this falls in the Group Benefit Track (yikes...).
I wouldn't call this profitability analysis because although it does require the calculation of Gain/losses, I do not need to calculate anything like return on surplus since this is a government organization and there is no financial reporting of that type. Also, the analysis will center around identifying systemic risks (i.e. due to plan design) and non-systemic risks (i.e. due to employer performance).
Investment track or Group Benefits?...Any thoughts. Thanks
Basically the analysis would entail comparing actual employer performance to expected values based on pricing benchmarks (which I need to develop).
I was hoping that I could use this in the area of Actuarial Appraisals or Performance attribution along the Investment track for my PDs. My supervisor seems to think that this falls in the Group Benefit Track (yikes...).
I wouldn't call this profitability analysis because although it does require the calculation of Gain/losses, I do not need to calculate anything like return on surplus since this is a government organization and there is no financial reporting of that type. Also, the analysis will center around identifying systemic risks (i.e. due to plan design) and non-systemic risks (i.e. due to employer performance).
Investment track or Group Benefits?...Any thoughts. Thanks