Pinnacle Actuarial Resources promotes Megan Baker to senior consulting actuary. Baker is based in Lansing, Michigan, and has been with the firm since March 2022. Areas of focus include captive loss reserves, rate filing reviews, pricing and rate filing support, and self-insured reserve and funding analyses. Baker has worked on pricing and loss reserve analyses for group captive insurers and for statutory insurance companies writing medical professional liability, workers’ compensation, homeowners and dwelling fire, auto liability, general liability and auto physical damage coverages. Wider experience covers loss cost projections, ratemaking and rate and rule filings, loss reserving, funding studies, financial examinations and regulatory reporting. Baker serves as project manager on loss reserve analyses and rate studies, performing interim and year-end analyses concerning statements of actuarial opinion, and holds subject matter expertise in workers’ compensation. Baker is a qualified actuary under National Association of Insurance Commissioners standards and is qualified to sign statements of actuarial opinion under American Academy of Actuaries standards. Before joining Pinnacle, Baker was manager, commercial lines actuarial at Farm Bureau Insurance of Michigan from 2019, covering pricing for workers’ compensation, business owners, commercial package policy and commercial umbrella lines. That followed six years in actuarial roles at AF Group and Accident Fund Holdings, rising to supervising actuary. Baker has worked in the insurance industry since 2013. Baker became a fellow of the Casualty Actuarial Society in 2019, a member of the American Academy of Actuaries in 2016, and a chartered property casualty underwriter in 2020. Qualifications include a professional science master’s in industrial mathematics from Michigan State University and a bachelor’s degree in actuarial science from Central Michigan University. Volunteer roles include the Casualty Actuarial Society audit committee, vice-chair of the society’s examination working group, and its finance council, alongside the American Academy of Actuaries workers’ compensation committee. Pinnacle Actuarial Resources is an employee-owned independent actuarial and management consulting firm headquartered in Bloomington, Illinois, and ranks among the largest independent property and casualty actuarial firms in North America.
