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Rachel Soich

ACAS, FCAS, MAAA
Consulting Actuary
Chicago, IL, US

Rachel Soich is a consulting actuary in the Chicago Casualty practice of Milliman. She joined the firm full time in January 2016.

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Experience

Rachel’s area of expertise is property and casualty insurance, including loss reserving and ratemaking.

Her expertise primarily involves loss reserving and forecasting for self-insured clients. She has extensive experience in commercial lines including workers’ compensation, professional liability, general liability, auto liability, D&O liability and extended warranties (service contracts).

Rachel’s clients include Fortune 500 corporations, healthcare institutions, privately held companies, public entities, and commercial insurers.

Committees

  • Casualty Actuarial Society Professionalism Committee – 2018 to Present
  • Casualty Actuarial Society Admissions Committee – 2020
Publications and Presentations
  • “In light of the COVID-19 crisis, do you have the necessary Directors and Officers coverage?” 2020, Insight.
  • “Three trends increasing D&O insurance rates,” 2019, Property Casualty 360.
  • “Industry data shows increase in large claims and uptick in severity,” 2019, Inside Medical Liability.
  • “Three rising trends in D&O insurance,” 2019, Insight.
  • “Hospital professional liability database: Key Findings,” 2018, Insight.
  • “Subcontractors: How a common business practice could lead to a mountain of insurance costs,” 2018, Insight.

Presentations

  • “What’s the Deal with D&O?” 2020 Milliman Casualty Consultants Forum.
  • “Professionalism: The New Modeling ASOP and Tales of the Non-Reasonable Opinion” 2020 Milliman Casualty Consultants Forum.
  • “Snappers and Skits – Professionalism” 2020 Midwest Actuarial Forum
  • “CSC Funded Projects – Hospital Professional Liability Database: Key Findings” 2019 Milliman Casualty Consultants Forum.
  • CNA Insurance internal training regarding actuarial ethics, 2019 CNA Actuarial Learning Conference.

Professional Designations

  • Fellow, Casualty Actuarial Society
  • Member, American Academy of Actuaries

Education

  • BS, Actuarial Science, Carroll University, Waukesha, WI

Publications

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