RAB Actuarial Solutions, LLC
Casualty Actuarial and Reinsurance Consulting Services

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Robert Bear's Curriculum Vitae
Call RAB Actuarial Solutions at 1-973-229-4465,
email at rabsolutions@gmail.com.
Robert Bear's Curriculum Vitae
Consulting Actuary, Reinsurance Consultant and Insurance Arbitrator
Professional Designations:

Fellow of the Casualty Actuarial Society (1986)

Member of the American Academy of Actuaries (1987)

Chartered Property Casualty Underwriter (1993)

Fellow in the Conference of Consulting Actuaries (2005)

ARIAS-U.S. Certified Insurance and Reinsurance Arbitrator (2005)


Education:


POLYTECHNIC INSTITUTE OF NEW YORK
MS, Economic Systems 1982
MS, Industrial and Applied Mathematics 1975

NEW YORK UNIVERSITY
MS, Mathematics 1972

FAIRLEIGH DICKINSON UNIVERSITY
Teaching Certification in Mathematics 1972

UNIVERSITY OF BRIDGEPORT
BA, Mathematics (summa cum laude) 1969


Publications:


(1) Authored discussion of Donald Mango's 2005 ASTIN paper on "Insurance Capital as a Shared Asset," which was published in the CAS 2006 Fall Forum.

(2) Authored article on "Measuring Returns after Reflecting the Rental Cost of Rating Agency Capital," which was published in the July 2006 edition of the CAS Risk Management Section periodical.

(3) Authored discussion of Rodney Kreps' paper on "Riskiness Leverage Models," which was published in the 2005 CAS Proceedings.

(4) Authored discussion of the Pinto-Gogol paper on "An Analysis of Excess Loss Development," which was published in the 1992 CAS Proceedings.

(5) Co-authored with Kenneth Nemlick the paper "Pricing the Impact of Adjustable Features and Loss Sharing Provisions of Reinsurance Treaties," which was published in the 1990 CAS Proceedings. This paper won the 1991 Woodward-Fondiller prize, which recognizes evidence of ability for original research and the solution of advanced insurance problems.

(6) Co-authored with Daniel Minoli the paper "Hyperperfect Numbers," which was published in the 1975 University of Oklahoma Pi Mu Epsilon Journal. Paper is referenced in Wikipedia under "hyperperfect number."
RAB Actuarial Solutions, LLC
Consulting Actuary, Reinsurance Consultant and Arbitrator
2004 to Present
RAB Actuarial Solutions LLC is based in New Jersey, USA, and is focused on providing quality Property and Casualty actuarial consulting services and reinsurance consulting services:  (1) Property and Casualty loss reserving services (2) Insurance arbitration, reinsurance arbitration and mediation, actuarial expert witness and litigation support services (3) Insurance risk models and financial projections (4) P&C insurance ratemaking and reinsurance actuarial pricing services, including reinsurance commutations, insurance risk transfer analyses, and price monitoring.

PXRE Group Ltd.
Senior Vice President and Chief Actuary
1999-2004
Actuarial Department Manager and Appointed Actuary
Responsible for loss reserving functions and pricing model development, along with related corporate modeling. Priced finite treaties. Provided actuarial support for capital raising efforts. Provided actuarial consulting services to Select Reinsurance Ltd. in the role of Appointed Actuary from September 1999 through March 2002.

SCOR REINSURANCE COMPANY
Vice President and Actuary
1995-1999
Actuarial pricing manager. Merger & Acquisition and retrocessional analyses. Developed actuarial pricing programs and priced complex treaty proposals.

SIGNET STAR REINSURANCE COMPANY
1987-1995
Vice President and Actuary: Developed and managed corporate actuarial function, with responsibilities for loss reserves, corporate modeling, and pricing research and development. 1993-1995
Second Vice President and Technical Unit Manager: Responsible for pricing model development, training and price monitoring. Priced finite treaties and commutations. Performed Merger & Acquisition and retrocessional analyses. 1987-1993

PRUDENTIAL REINSURANCE COMPANY
Actuarial Manager
1984-1987
Pricing responsibilities for two years and reserving responsibilities for one year. Developed pricing programs and priced finite treaties.

NEW JERSEY INSTITUTE OF TECHNOLOGY
Adjunct Lecturer
1986-1987
Taught review course for Credibility and Loss Distributions sections of actuarial exam.

INSURANCE SERVICES OFFICE
1975-1984
Actuarial Analyst: Commercial Casualty rate reviews, research, and data quality projects. 1975-1978
Senior Actuarial Analyst: Econometric research leading to improved forecasting techniques in ratemaking (outstanding performance award for Inflation Adjusted Trend Procedure). 1978-1984

Industry Service

Previous service to the actuarial profession includes terms as Chairman of the RAA Actuarial Committee, President of Casualty Actuaries in Reinsurance, Chairman of the CAS Committee on Reinsurance Research, and member of the CAS Syllabus Committee. Currently serving on the CAS Dynamic Risk Modeling Committee, the CARe Executive Committee, and the ARIAS-U.S. Technology Committee. Currently serves as co-chairperson of the CAS Loss Simulation Model Working Party. Presented numerous actuarial seminars at professional meetings.

RAB Actuarial Solutions Mission

RAB Actuarial Solutions LLC is a Property and Casualty actuarial and reinsurance consulting firm based in New Jersey that is focused on providing quality loss reserving, actuarial expert witness and litigation support services, insurance and reinsurance arbitration services, risk modeling and pricing services, and financial projections.

Links to CAS Committee Work and RAB Papers
Mr. Bear's ARIAS-U.S. insurance arbitrator credentials
Mr. Bear's actuarial expert witness credentials
Email: rabsolutions@gmail.com