Risk Manager

Information concerning how our work-products might be of interest to a Risk Manager is given below.

Interest in Work-Products

The Risk Manager might have either a general or a specific interest in Work-Products.

General Interest

By being an Eligible User of Work-Products, the Risk Manager will, in effect, have its own staff actuary and be able to offer the same full range of services that are offered by its larger competitor risk managers. Being shut out of a bidding opportunity should not be common. There are, however, several additional and significant advantages in using Work-Products: (a) the Risk Manager has no actuary salary or upkeep expenses and (b) there are no potential E & O liability issues associated with Work-Products. Also, the Eligible User will have ready access to the full reservoir or data, experience and knowledge of Actuarial Work-Products, Inc. The Actuary is engaged by the Risk Manager (Eligible User) and has no relationship with the End User (plan sponsor, e.g.); as such, the Risk Manager has the fee-payment responsibility.

Specific Interest

The Risk Manager typically will have an active interest in the full menu of Work-Products either as active (or Eligible) User or as an intermediary with its client, The role that is assumed by the Risk Manager will vary with each Work-Product: (a) where the Work-Product is mandated (claim reserves, Annual Actuarial Report, Government Entity Certification, Medicare Part D Creditable Coverage Certification, e.g.) the Risk Manager is an enabler and (b) where  the Work-Product is a decision-making model (all of the Monte Carlo Simulations, Medicare Part D Feasibility Analysis, HRA/HSA modeling studies, e.g.),  the Risk Manager is consultant/advisor.


The Risk Manager might be a member of any of the following risk-related professional or trade associations:

          American Risk and Insurance Association
          American Society of Health Care Risk Management         
          National Risk Retention Association
          Nonprofit Risk Management Center
          Risk and Insurance Management Society          
          Society for Risk Analysis
          Society of Risk Management Consultants
          Treasury and Risk


Other than Association-sponsored Journals, the Risk Manager might subscribe to these Journals:

          Risk Management Association Journal
          Insurance Journal


Periodicals that accept advertising that might be subscribed to by the Risk Manager
Include the following:

           Risk and Insurance
          Business Insurance
          National Underwriter
          Best Review(s)
          Enterprise Risk Management
          Risk Retention Reporter
          Insurance Times
          Insurance Journal.