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Electrical Engineering High School

Location:
Denver, CO
Posted:
May 02, 2024

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Resume:

Bill Young is President of WC Analytics, a statistical analytical service that performs various analyses on workers’ compensation insurance programs. Through his self-designed, customizable software packages, these services include:

Experience modification factor verification

Prediction of future mod factors approximately 1-year ahead of time

Estimated impact of deductible decisions. In net reporting states, this can save substantial premiums long-term.

Calculation of experience mods for self-insured entities (could reduce self insurance taxes)

Calculation of total premium costs of claims, including claims from specific types of losses (for instance, if there are several slip-and-falls in a particular class of employees, this could help improve a safety plan by showing how losses and future premiums could be reduced by purchasing non-slip shoes for that class of employees)

Plan comparisons to assist in workers’ compensation buying decisions

Analysis of the impact to workers’ compensation plans due to layoffs, mergers, acquisitions, or sale of entities

All analyses can be adjusted to reflect an insureds required ROI

Bill has over 20-years experience in the insurance industry. The most recent 17 years has been exclusively in the analysis of workers’ compensation programs. He has a B.S. in Electrical Engineering and has passed the first actuary exam, which gives him the solid mathematical aptitude to perform complex modeling of workers’ compensation programs.



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