P&C Actuarial is one of three Divisions within TDI that employ actuaries.
The Actuarial Division within the Financial Program supports solvency monitoring by performing actuarial examinations and by providing actuarial input and analysis to other divisions regarding financially troubled companies.
The Actuarial Team within the Life/Health Division provides actuarial review of rate and rating plan filings for regulated life and health lines of business.
The Property and Casualty Actuarial Division provides actuarial review of rate and rating plan filings and credit score models for property and casualty lines of business; calculates workers' compensation classification relativities and rating values.
For quick reference, the four areas of actuarial application are depicted below, including the TDI area responsible for review. The quadrants show two types of actuarial review, reserve/solvency and rates and forms, which are categorized by line of insurance - life/health and property/casualty.
| Life/Health | Property/Casualty | |
|---|---|---|
| Reserves/Solvency | Actuarial (Financial Program) | Actuarial (Financial Program) |
| Rates & Forms | Actuarial Team within the Life/Health Program | P&C Actuarial |