Andrew Provines
FCAS, MAAA
Actuary
Wakefield, MA, US
Andrew Provines is a consulting actuary with the Boston office of Milliman. He joined the firm in 2017.
Experience
Andrew’s experience in property and casualty actuarial work includes loss reserving, ratemaking, and data analysis.
While still relatively early in his career, Andrew has gained considerable experience in the alternative risk market. Andrew supports the ongoing actuarial needs of numerous clients, ranging from property and casualty insurers to captives and self-insurers. Examples of Andrew’s multi-faceted actuarial career include:
- Supporting the reserving functions for many captives, self-insurers, and a multi-line public entity risk pool
- Assisting in the issuance of statements of actuarial opinion
- Providing funding estimates and developing pro-forma financial projections for potential captive insurers
- Researching the differences in laws and regulations pertaining to the taxation of captives and other alternative risk options
- Reviewing rate filings for multiple state insurance departments
- Developing and performing simulation modeling in areas such as reserve and funding variability, stress testing, and risk transfer analyses
Publications and Presentations
- Presumptive Benefits in Workers’ Compensation: Emerging Issues Before and During COVID-19; American Academy of Actuaries Annual Meeting; November 2020. Co-author for AAA Issue Brief issued June 2020.
- Vaccine mandates and vaccine injuries: An unexpected cost to the workers' compensation system; Milliman Insight; September 2021.
- Captivating savings: Are captives more profitable than other forms of insurance? Milliman Insight; September 2021.
Professional Designations
- Fellow, Casualty Actuarial Society
- Member, American Academy of Actuaries
Education
- BA, Mathematics and Economics, Boston College
Publications