Services apply to all types of life and health insurance other than variable products. Norman E. Hill, FSA, MAAA, CPA is available for short term projects as well as filling the spot of a senior level executive during an interim time frame. He views difficult situations as opportunities whether they be domestic or international.

Types of services

• Analytical
• Report preparation
• Review output of company computer and software calculations
• Prepare calculations on his own software for any of the projects listed below
• Expert Witness on any of these topics

Life & Health Reserving

• Statutory
• U.S. GAAP
• Purchase GAAP
• Federal Income Tax
• Appointed actuary statutory reserve opinions

Risk Management

• Identify strategy for assessing and monitoring risk
• Develop a firm’s culture to enhance risk management

Updates on Evolution of Principles Based Approach

• NAIC developments, Procedures for calculations – Reserves, Risk based capital, Federal income tax
• PBA reviewing actuary opinion

Acquisitions

• Value company and block candidates
• Purchase GAAP calculations and strategy
• Post acquisition accounting and analysis

Planning

• Projections, statutory, historical and purchase GAAP – Current inforce, New business, Varying sales projections
• Rating agency implications

Product Development

• Competitive comparisons
• Assumptions including profitability, Preset or Determined
• Premium calculations
• Projections of results

Internal Control

• Sarbanes Oxley
• Similar NAIC statutory requirements