Resetting Your Contribution Algorithm

Tuesday, May 22, 2018
02:00 PM - 03:00 PM


KogutChrisChris Kogut 


This webinar is from 2-3 p.m., EDT, on Tuesday, May 22.

Public entity pool rating formulas and underwriting guidelines evolve in response to changes in member risk characteristics, market conditions, member expectations, and management objectives. It’s not uncommon for the purpose of these changes to get lost, or the cumulative impact of these changes to move out of alignment with member risks – even when underwriters follow the formula.

Chris Kogut, principal and consulting actuary for Milliman, will address how pools can respond to questions from regulators, underwriters, and members about individual member contributions. She’ll help pools understand why a re-evaluation of contribution algorithms is important, provide insight on key objectives for resetting algorithms, and use case studies to show the impacts, results, and consequences of changing a pool’s contribution formula.

Kogut will provide a tightly focused version of the presentation she delivered at the 2018 Governance & Leadership Conference in San Diego. 

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