Phuong Tran is an actuarial assistant at Taylor & Mulder, Inc. with significant rate regulation experience. Ms. Tran holds BS degrees in Mathematics and Actuarial Science, with a minor in Economics from University of Nebraska-Lincoln with two years of experience in the property and casualty insurance industry. Ms. Tran has passed Casualty Actuarial Society Exam FM, Exam P, Exam MAS-I, Exam MAS-II, CAS DISC DA Course, and VEE Courses: Accounting, Economics and Mathematical Statistics.

At Taylor & Mulder, Inc., Ms. Tran is responsible for reviewing rate filings for personal and commercial lines of insurance including private passenger automobile, homeowners, and businessowners filings. These rate filings cover a wide range of ratemaking techniques including the pure premium method and loss ratio method as well as more advanced statistical modelling methods such as generalized linear models, classification models, scoring models, catastrophe models, and wildfire models. She is tasked with reviewing data and documentation pertaining to rate filings for completeness to ensure that the data provided is not censored and ready for analysis.

Her experience as an insurance regulator provides our team with new insights into the regulatory framework that other actuarial consulting firms cannot provide. Ms. Tran has a strong grasp on statutes that pertain to writing insurance products and is quick to understand legal issues in the States where our clients write business. Ms. Tran is also responsible for aggregating data received by clients for reserving analyses and for programming client data for actuarial analysis.

Ms. Tran also contributes to Taylor & Mulder’s risk-focused financial examination actuarial services. She plays a key role in reviewing actuarial reports and supporting documentation submitted by insurers, captives, and pooled risk funds. In addition, she assists with programming tasks that support independent testing as part of financial examinations conducted for state regulatory departments. Her work in this area includes conducting independent testing and helping to develop risk statements for a broad range of insurance lines, including homeowners, private passenger automobile, commercial automobile, commercial property, and liability.

Prior to joining Taylor & Mulder, Inc., Ms. Tran worked as an Insurance Analyst II for the Nebraska Department of Insurance. During her time there, she conducted the review and analysis of property and casualty filings for various types of insurance including personal lines and commercial lines ensuring compliance with state statutes and regulations. She was responsible for reviewing actuarial memorandums, and exhibits including loss development. She evaluated various ratemaking techniques to determine their appropriateness in developing rates.

Ms. Tran collaborated weekly with the actuarial division to perform analysis on complex predictive-model rate filings including GLMs, and other models to prepare summaries of findings and make the recommendations for approval or disapproval.