Dan Schlemmer, FCAS
Credentialed Actuary
Offering analytics-based insight for P/C insurance problems. Focusing primarily on actuarial work, but also related issues including data management, accounting, analytics, financial models, and investment analysis. Extensive experience in financial and transactional environments – due diligence, structuring and financial projections.
Education
University of Chicago, Graduate School of Business, MBA, Concentrations in Accounting and Finance, December 2005
Purdue University, B.S. Math, Concentration in Actuarial Science, May 1994
Other Qualifications
Chair Casualty Actuarial Society's Financial Reporting and Analysis Committee
WSJ 2010 “Best on the Street”
Current Research “The Price for Growth” – an empirical study of the impact of growth on profitability
Paradigm Actuaries (Chicago, IL): Consultant, 2016-Present
Chief Actuary Roles
Affirmative Insurance (Burr Ridge, IL)
SVP/Chief Actuary, 2014-2016
Appointed Actuary for Statutory Opinions; reinsurance data and modeling; led team of seven actuaries/analysts handling data, regulatory filings, modeling; coordinated with Accounting and Financial areas.
Kingsway America (Itasca, IL)
Chief Actuary and Director of Corporate Development, 2010-2014
Financial and actuarial analysis for due diligence and strategic investment decisions: M&A, divestiture, new company start-ups, etc
Investment analysis for non-traditional investments (hedge funds, IPOs, warrants)
Appointed Actuary for various statutory insurance company subsidiaries
Advisory and Consulting Roles
Other Work
Macquarie Securities (Chicago, IL)
Equity Research Analyst, 2006-2010
Covered P/C insurance stocks: financial modeling, earnings estimates, investment recommendations
Worked with insurance company management on conferences, roadshows, and investor relationships
Provided firm-wide expertise on reserves, including industry topics (industry balance sheet strength, catastrophe reserves, D&O development, A&E position, etc.) and cross-company comparisons
Ernst & Young (Chicago & Atlanta)
Consulting Actuary, 2002-2006
Managed Atlanta office’s actuarial practice: hiring/staffing, sales, relationships with clients and other practices, overall profitability/performance
Consulted & managed projects on reserving, pricing, financial modeling & transactions
Supported financial statement audits & SOx 404 consulting for virtually all P/C lines of business
Tillinghast (Chicago): Consulting Actuary 2000-2002
Allstate (Northbrook, IL): Pricing Actuary 1995-1999
Milliman (Denver): Pension Actuarial Analyst 1994-1995