Expertise
Erich serves as account executive or project manager for analyses involving traditional insurance companies, captive insurance companies and many other entities who insure themselves in the alternative market. His expertise spans a wide range of industries, among them staffing, construction and trucking.
He has presented to brokers, boards of directors, corporate risk managers and CFOs regarding loss reserving, future loss projections and how company characteristics impact actuarial calculations.
Erich also has considerable experience in assignments involving funding studies, cost allocation mechanisms, competitive analyses, captive feasibility studies and financial analysis of insurance programs. In addition, he advises several self-insured operations on matters relating to appropriate retentions, collateral negotiations, incurred but not reported (IBNR), budgeting and future liability forecasting.
Erich works with students and faculty at Illinois State University (ISU). He engages in joint research and speaks at the Katie School of Insurance & Risk Management and actuarial club functions. He has also served as an industry expert for Insurance Managers Association of Cayman and Staffing World — Risk Control Workshop.
He serves as an educator for ISU’s insurance regulators workshop on topics such as calculating IBNR reserves, industry adverse reserve development and using the annual statement to identify troubled insurance companies. In addition, he has developed several turnkey applications that create benchmark figures using publicly available data from insurers’ annual statements.
Erich coordinates Pinnacle University, an annual program that pairs university students with Pinnacle analysts to present topics of actuarial significance to a professional panel. He is also on the board of directors of the Illinois Shakespeare Festival Society.
Authored by Team Member
Pinnacle U: An Interactive Business Experience
Flexibility in the Process
