Actuarial Services & Technology

We have extensive experience integrating ongoing actuarial processes and plan management analytics to deliver consistent, predictable outcomes in an unpredictable world. Our proprietary technology allows us to provide fast, reliable and actionable information enabling you to monitor and control plan performance throughout the year.

Actuarial Services

  • Incurred But Not Reported (IBNR) Estimates
  • Feasibility Studies
  • Actuarial Renewal Calculations
  • Financial Forecasts
  • Pooling and Stop Loss Analysis
  • Risk Based Capital Analysis
  • Merger & Acquisition Due Diligence
  • Rate Filings
  • Reporting for other Statutory Filings
  • Special Projects

Enabling Technologies

We have developed two tools to help our clients understand and manage the risk in their plan. These tools are only available to PRM and Compass clients.

RAPT (Risk and Parity Tool)

RAPT is self-service entry underwriting tool. Features include risk assessment (pricing), plan parity calculations, client-facing document creation, reporting, and employee contribution modeling.  Because we know your plan is unique, RAPT can be customized for your situation, and is calibrated to your population ensure the risk assessment provides accurate results.

Multiple Employer Dashboard

Our proprietary dashboard was built from the ground up specifically for multiple employer plans. Featured metrics include loss ratio, claims & premium PMPM, changes in member composition, changes in client composition.  The drill down feature allows you to view metrics in real time for single clients or a group of clients that you select.