Joseph-Sveda

Joseph A. Sveda

FCAS, MAAA
Consulting Actuary
Linkedin profile

Expertise

Areas of Focus
Predictive Analytics, Personal Lines Rating Plans, Captives/ Alternative Markets, Loss Reserving, Loss Cost Projections

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Joey has worked in the property/casualty industry since joining Pinnacle in 2018 with a focus in pricing and product development. In this role, he has developed private passenger auto, homeowners and commercial lines pricing solutions through the design and implementation of advanced predictive models.

Joey has worked extensively on the application of advanced statistical modeling techniques to the insurance process. His experience in predictive analytics applications include rating and underwriting plan design, homeowners by peril analyses, auto vehicle characteristics analyses and scorecard development, workers compensation risk control analyses, and territory boundary development.

Joey performs traditional actuarial analyses serving as project manager for group captive and admitted insurance company engagements, performing both interim and year-end reserve analyses, and assisting with the preparation of Statements of Actuarial Opinion (SAOs). He also completes yearly funding projections and overall rate level indications, and reviews rate filings for state departments of insurance.

He also has developed and delivered knowledge transfer material to help train clients on the methodologies used in the analysis and how to reproduce the results.