The Scruggs Group is one of the largest Casualty Actuarial consulting practices in the United States. They cross their actuarial capabilities with the strongest available stock from other information intensive professions to provide innovative, technology-rich solutions for the insurance industry.
Philip M. Trick, FCA, ACAS, MAAA, ChiefActuary, has extensive learning in Insurance, Probability, Risk, and Math as part of his actuarial training. Mr. Trick is a Fellow of the Conference of Consulting Actuaries, Associate of the Casualty Actuarial Society, and Member of the American Academy of Actuaries. He earned his Masters in Economics and Bachelors in Economics and Mathematics from Boston University, Cum Laude.
Estimation of Ultimate Losses, Loss Expense, and Counts
Design of New Insurance Products
Annual Statement Assistance (Schedules F and P) and Statements of Actuarial Opinion
Customer Retention Analysis
Business Stress Testing and Ruin Analysis
Data Warehouse and Data Management Tools
Compiling Competitor Rate Information
Multi-year IRR Models for Company Acquisition; including Debt and Equity Financing
Pricing Models to Support Competitive and Cost-based Initiatives
Background Experience: Mr. Trick's experience includes constructing an Optimization Engine for mortgage loan coverage assignments and share distribution. He has developed and deployed cutting-edge factory resource allocation management tools and reporting systems for tracking, analyzing, and projecting manufacturing performance. He has also designed and applied a mixed-distribution claims simulations to determine the level of risk transfer for a WC reinsurance agreement using industry data based on the projected estimated reinsurer deficit.
Awards and Honors: Mr. Trick has been honored with several distinction through ModelOff, an innovative and challenging annual global online competition for professionals and students to develop and test their Financial Modeling Skills. In 2016, he was a ModelOff Finalist. For multiple years, he made ModelOff Gold Class and Top 50 International Financial Modelers in the world rankings.