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 Actuarial and Risk Modeling Services 2004 to Present RAB Actuarial Solutions LLC is focused on providing quality actuarial and reinsurance consulting services: (1) Loss reserving (2) Insurance risk models and financial projections (3) Insurance and reinsurance pricing, including reinsurance commutation, excess pricing and price monitoring studies (4) Insurance and reinsurance arbitration, actuarial expert witness and reinsurance expert witness.
PXRE Group Ltd. Senior Vice President and Chief Actuary 1999 to 2004 Actuarial Dept. Manager and Appointed Actuary Responsible for loss reserving functions and pricing model development, along with related corporate modeling. Priced finite treaties and commutations. 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 to 1999 Actuarial pricing manager. Merger & Acquisition and retrocessional analyses. Developed actuarial pricing programs and priced complex treaty proposals including finite treaties.
SIGNET STAR REINSURANCE COMPANY 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 to 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 to 1987 Taught review course for Credibility and Loss Distributions sections of actuarial exam.
INSURANCE SERVICES OFFICE 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
Currently serves as Chairperson of the Casualty Actuarial Society (CAS) Dynamic Risk Modeling Committee and co-chairperson of the CAS Loss Simulation Model Working Party, and on the Casualty Actuaries in Reinsurance Executive Committee and the ARIAS-U.S. Technology Committee. Previous service to the actuarial profession included 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 and the Committee on Theory of Risk. 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 located near New York City that is focused on providing quality loss reserving, risk modeling, excess and reinsurance pricing, actuarial and reinsurance expert witness and arbitration services. The firm supports insurers, self-insurers, reinsurers, insurance run-off operations, MGAs, brokers and investors.