Cassidy Mcmahon Email & Phone Number

New York, Ny, Us

Boston, Massachusetts, United States

• Maintained profitability for the $1.1B of Homeowners and $1.1B of annual premium for all operating companies in AR, CO, HI, IA, KS, MN, ND, and OK ensuring profitability through rate indications and rate filings• Communicated rate need levels with management and supported these rate indications to State Departments of Insurance• Developed processes for identifying rate need for Earthquake insurance, Rental insurance and Towing insurance to ensure rate adequacy and streamline future indications

Boston, Massachusetts, United States

Short Tail Lines xCAT Reserving • Developed both Personal Lines and Business Lines Ultimate loss estimates for 60 catastrophes to ensure reserve adequacy for losses with ultimate losses totaling $2.6B in annually • Worked with Finance during month end booking process to ensure that catastrophes were reserved for properly and to reflect changes to events from prior months • Communicated with Chief Actuaries and other key stakeholders by presenting during monthly booking meetings and bi-weekly catastrophe updates Short Tail Lines Catastrophe Reserving• Conducted the quarterly reserve analysis for the $520M in reserves for 2 subsidiary brands of Homeowner’s Liability insurance and Homeowner’s Allocated Loss Adjustment Expenses (ALAE) by reviewing diagnostics, collaborating business partners to gain qualitative insights, selected liability estimates and communicated actuarial selections to Senior Leadership• Became the Berquist Sherman Method subject matter expert, testing and implementing the model and assisting the rest of the team start using the method during quarterly analyses• Piloted the offseason review process on Homeowner’s ALAE to investigate skyrocketing ALAE in recent quarters

• Created a graphing tool in Python to streamline and inform responses to state Departments of Insurance by mapping how DOI recommendations would affect pricing models• Assisted in building and debugging a package in Python to build pricing models faster and easier• Conducted an analysis of the effect of adding four new geographic variables to the pricing model

Northfield, Illinois, United States

• Assisted in 12 M&A deals on both buy and sell sides by making Teasers for companies, compiling Target Lists of potential buyers and sellers for clients, and making Pitchbooks to advertise CDI’s services

Evanston, Il

• Responsible for taking weekly inventory and ordering materials to support research projects• Cleaning and autoclaving glassware to supply ongoing experiments

Boston, Ma

• Conducted an analysis of Colombia’s reserving process which resulted in the overwriting of their quarterly reserveestimate by $3.8 Million• Assisted in quarterly reserve analysis for four out of fifteen of the local markets and worked to explain any changesfrom the prior quarter• Projected Loss Ratio Trends for four of the fifteen local markets, ensuring that local office plans for the futurequarter were achievable yet ambitious