Actuarial Consulting for Benefit Consultants

Employee benefits consulting is a competitive market, and the consultants of national firms always have an actuary on their side; so do insurance companies. You owe it to yourself to level the playing field.  We have both insurance company and national consulting firm experience, so let us share that with you and give you the advantage you need to retain your clients and grow your book of business.

We understand the world of benefit consulting and want to help you by:

∙ Meeting your deadlines and working when you work, as your actuary on call
∙ Making your job easier by explaining the issues to self-funding novices or CFOs
∙ Thinking proactively and strategically
∙ Keeping your clients on track
∙ Monitoring self-funded plans to cut down on surprises
∙ Making sure that your fully-insured clients are not leaving money on the table
∙ Being the actuarial expert by your side

Services offered:

∙ Self-funded feasibility analysis
∙ Minimum value certifications
∙ Claim cost projections and COBRA rate development
∙ IBNR/reserve estimates
∙ Composite rate calculator for small group age-banded rates
∙ Health insurance captive set-up
∙ Actuarial certification of financial plans for CMS grants
∙ Trend analysis
∙ Large claim expectation and stop loss cost/benefit analysis
∙ Benefit design and evaluation of savings if changes are made
∙ Florida Statute 112.08 filing: actuarial soundness
∙ Utilization review and analysis
∙ Enrollment migration cost savings estimates
∙ Wellness plan ROI and biometric testing claim analysis
∙ Insured renewal strategy and negotiation
∙ Contribution strategy

It is imperative that a self-funded plan has an actuary monitoring the plan. Here is an article about the benefits of using actuary on self-funded plans: self-funded article. 

Here is another article about the savings an actuary can provide with regards to fully insured renewals: fully insured article.


Office: 813.963.2420 Mobile: 813.230.8162 Fax: 813.925.4370 
3750 Gunn Hwy, Suite 301, Tampa, FL 33618
Email jay@jayminiati.com