A. Actuary: 1) Actuary must have the demonstrated ability to perform actuarial functions for a self-insured liability program. 2) Actuary must be a FCAS member. 3) Actuary must have a minimum of five (5) years’ experience. 4) Actuary must be available to provide proof of Errors & Omissions Insurance. B. Property & Casualty and General Liability 1) Claims Management: I. Receive, review, and process claims. II. Conduct investigations and manage claim settlements. III. Coordinate with legal counsel as needed. IV. Provide regular status updates and reports. 2) Reporting: I. Maintain accurate records and provide detailed reports on claims activity. II. Generate statistical data and performance metrics. 3) Compliance: I. Ensure compliance with all applicable regulations and standards. II. Adhere to industry best practices in claims administration.
