Widmer Actuarial provides the following services:
Health Actuarial Valuation
- Estimate and evaluate reasonability of liabilities and reserves, including IBNR, PDR, ACA Risk Adjustment, and disability reserves on both a GAAP (including LDTI) and Statutory basis
- Generate a hindsight analysis for reserves including investigating drivers for favorable/unfavorable development
Appointed actuary services
- Work hand-in-hand with both actuaries and accountants to review the actuarially determined balances and understand how they are reflected in the annual statement
- Produce Actuarial Opinion and Actuarial Memorandum following the NAIC Guidelines and statutory reporting requirements
Audit support
- Support accounting firms on health insurance audits
- Assist with actuarial aspect of risk-focused examinations for state insurance departments through deep understanding of the NAIC Financial Examiners Handbook and TeamMate
- Internal audit support for health insurance companies and health plans
Process and control analysis
- Review actuarial processes and approaches
- Define current state processes including roles, responsibilities, and hand-offs
- Document processes including enhancing process flows
- Advise on how to strengthen controls and/or control evidence
If you have questions, please email at info@widmeractuarial.com or drop us a line by filling out the form.