Karrie Fjelland, FCAS
Credentialed Actuary
With over 20 years of experience in the property and casualty industry, Fjelland’s experience includes roles in consulting and insurance, holding leadership positions in finance, actuarial and underwriting
Education
University of Chicago Graduate School of Business MBA, Concentrations in Economics and Finance, December 2002
Drake University B.S.B.A. Actuarial Science, May 1994
Professional Designations
Fellow, Casualty Actuarial Society (FCAS)
Professional Work Experience
CNA Insurance Companies, Chicago, IL, AVP, 2000-2010
Managed reserving and financial analyses for commercial lines of business in support of actuarial statements of opinion, including reinsurance, P&C run-off business and asbestos & environmental liabilities
Provided pricing support for professional liability books of business, including Lawyers, Realtors and Accountants • Advised business partners on actuarial pricing methodologies, assumptions, processes and controls
Managed business relationship and financial close for several affiliate companies who specialized in warranty, surety and workers compensation; and provided pricing and reserving support
Performed Schedule P and trend analyses, cash flow analyses and Schedule P tax projections
Designed pricing tools tailored to specific commercial liability lines of business
Collaborated with senior management on strategic meetings, conferences and broker relations
Other Work
Coregis Insurance, Chicago, IL, Professional Lines Manager, 1997- 2000
Ernst & Young LLP, Chicago, IL, Senior Actuarial Assistant, 1994-1997
Other Board and Advisory Positions
Governance board St. Joseph’s - Member 2017-Present
This committee is charged with monitoring the financial health of the church by providing financial analysis and projections for new and current programs, and overseeing human resources
Spearfish Soccer Association - 2017-Present
Treasurer, non-profit organization promoting youth soccer Director of officiating, responsible for assigning referees to matches and mentoring youth referees.
CAS exam committee - 2005-2010
Involved in writing and grading questions