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Ethics & accountability · Calling out concerns to leadership

As you close the year-end reserve review, you conclude the claims reserves are deficient, but releasing reserves would let the company hit its earnings guidance. Leadership is counting on that number. What do you do?

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Reserves exist to make sure we can pay future claims — they protect policyholders and solvency, and as the reserving actuary my opinion has to reflect my best estimate, not the earnings we'd like.

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