Professional Experience

Robert Walling is a Principal and Consulting Actuary with Pinnacle Actuarial Resources, Inc. and has been in the insurance industry since 1989, consulting since 1997. He is focused on commercial lines ratemaking and product development, studies for self-insureds and captives, commercial lines loss reserving, legislative costing, litigation support and regulatory assistance. Mr. Walling is a Fellow of the Casualty Actuarial Society (FCAS) and a Member of the American Academy of Actuaries (MAAA). He has served the Casualty Actuarial Society (CAS) as Chairman of the Ratemaking Seminar Committee, the Risk and Capital Management Seminar Committee, and the New Fellows Committee. Mr. Walling is a frequent speaker at industry meetings on predictive analytics, captives and other alternative markets, medical professional liability reforms and government insurance program topics.

Engagement Experience

• Appointed Actuary and/or Loss Reserve Specialist on over 20 domestic and Bermuda insurance companies, risk retention groups, captive insurance companies and self-insured entities
• Advises dozens of self insured public entities and private companies on matters relating to financial reporting of unpaid claims liabilities, routinely presenting to Boards of Directors and Executive Committees charged with financial reporting
• Provides consulting services to over 20 state insurance regulators and government insurance programs. Services have included legislative costing, industry studies, rate filing reviews, loss reserve analysis and financial examination support, expert testimony and assistance developing or modifying government insurance programs
• Assists insurance companies in developing commercial insurance products, often using predictive analytics. Specific expertise in businessowners (BOP) and commercial multi-peril products, commercial auto, workers compensation and medical professional liability.
• Experienced in the trucking industry, including admitted, E&S and alternative markets. Services have included development of trucking insurance rating plans, loss reserve and funding analyses, retention analyses and development of predictive analytics.
• Served as an actuarial advisor to state and national associations with insurance interests, including the American Medical Association and the Republican Governors Association. Legislative costing and industry studies have been provided.
• Provides expert testimony on actuarial and commercial insurance matters such as medical malpractice, workers compensation, commercial auto and general liability.

Publication Highlights

• “DD&R Reserves for Claims-Made Professional Liability Coverage,” with Jessica Lasher, CPA, Johnson & Lambert Industry Insights, September 2011
• “Improving Commercial Casualty Claims Handling with predictive Analytics,” Pinnacle Monograph 2010
• “How I Became a Negative Patient Outcome Statistic and What I Learned,” Physician Insurer, Second Quarter 2010
• “Underwriting Power Tools for Small Business Insurance,” Pinnacle Monograph 2008 (reprinted in NAMIC Farm Forum in 2009)
• “Medical Malpractice Predictive Modeling: A Push-Me-Pull-You Proposition,” Physician Insurer, First Quarter 2008
• “Rules of the Road” (Commercial Auto Predictive Analytics), Best Review, October 2007
• “Having to Say You're Sorry: A More Efficient Medical Malpractice Insurance Model,” Contingencies, November/December 2006
• “What Makes an Effective Captive Application: Actuarial Do’s and Don’ts,” CaptiveChronicle, June/July 2006
• “I Like You as a Neighbor, But We’re Not Sharing Checkbooks” (Opportunities and challenges for public entity groups),” Public Risk Magazine, 2006
• “Medical Malpractice Insurance: A Call for Efficiency,” Pinnacle Monograph, 2006
• “An Analysis of the Impact of Workers’ Compensation Reform in Nevada”, Republican Governors Association, 2005
• “The Case of the Medical Malpractice Crisis: A Classic Who Dunnit,” CAS Forum, 2004
• “A Dynamic Approach to Modeling Free Tail Coverage,” CAS Forum, 1999
• “Customizing the Public Access Model Using Publicly Available Data,” CAS Forum, 1999