Crum & Forster


9/89 - 6/91. Associate Actuary. Gould assisted in the evaluation of reserve requirements for various members of the Group; did special projects including commutations and estimation of IBNR for asbestos and environmental losses. Along with 300 other employees, Gould was laid off June 18, 1991.
Salary upon leaving: $ 67,600

6/91 - 12/91. Unemployed; on severance pay.

12/91- 6/93. Actuarial Specialist. Gould evaluated workers comp excess of SIR pension-type claims; calculated IBNR on certain groups of run-off business; calculated IBNR for reinsurance pools.
Salary on leaving: $ 54,000

Property/Casualty Actuary