Understanding Actuarial Reports and How They Can Drive Cost Savings and Reduce Risk

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Understanding actuarial reports is essential for every risk management professional who wants to make data-driven decisions and protect their organization’s bottom line. In this episode of Alliance Insights, Marcia Linton, National Casualty Analytics Practice Leader at USI Insurance Services, and Tim Wander, CRM faculty member, unpack how to interpret actuarial reports and use them strategically. They explain key elements like loss development triangles, projection methods, and ultimate loss selections—turning complex data into actionable insight for cost savings and better forecasting.

Actuarial studies do more than satisfy compliance requirements—they give risk managers a roadmap for informed decision-making. Marcia and Tim show how collaborating closely with actuaries, auditors, and claims teams can reduce surprises, strengthen communication, and highlight areas for improvement. By understanding these reports, organizations can better negotiate premiums, manage reserves, and create sustainable, data-backed risk strategies for long-term success.

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