6/75 - 8/83 North American Reinsurance Corp.
Associate Actuary Assisted the Chief Actuary, Thomas W. Fowler, FCAS, in producing the IBNR indications for the types and classes of business reinsured by the company. These included treaty pro-rata, excess of loss and facultative. The lines included property, casualty, bonding (surety and fidelity), ocean marine and aviation. Gould introduced time-sharing into the company and programmed the calculations to speed up the calculation of IBNR on several hundred excess of loss treaties and on the facultative book of business.
1977. Appointed Assistant Secretary
1979. Appointed Secretary. In 1979 Gould assumed full charge of IBNR
estimation. Remained in charge of IBNR reserving, certifying NARE's loss
reserves for 1980, 1981, 1982.
Gould served as NARE's representative on the Actuarial subcommittee of the
Reinsurance Association of America.
Salary on leaving: $50,000