KIM GUERRIERO

Kim Guerriero began her Milliman career as an intern in 2005 while in college, achieved her Fellow of the Casualty Actuarial Society in 2015, and rose to the role of principal and consulting actuary in 2022.

Her primary focus is the alternative risk market and most of her clients are captives, risk retention groups, and self-insureds.

Guerriero was described as a highly regarded consultant within Milliman and a tremendous asset to her clients, many of which rely on her expertise to help them navigate the myriad of challenges they contend with while operating their captive insurance company.

She has demonstrated a commitment to mentoring and developing the next generation of talented consultants and she volunteers a considerable amount of her time and energy to a variety of professional organisations which support other socially responsible initiatives.

Here she explains how the captives industry is constantly changing, what she would advise new recruits to it and how she feels it is changing in response to events.

Do you feel that the captive insurance industry is a rewarding sector to work in?

Yes. The nature of the risks faced by insurance companies is constantly changing. The captives industry must constantly adapt to help a rapidly changing and evolving insurance market. I enjoy working in a field that requires creative thinking and the opportunity to develop innovative solutions to insurance problems.

Would you recommend the captive insurance industry to young people as a future career path?

Yes, the captive industry is filled with talented professionals. I am fortunate to work with captive industry leaders, as colleagues, clients, and service providers. My advice is to be confident in your abilities and get as many of those leaders as you can into your network, so you can grow and learn from them.

How do you feel that the captive insurance industry will evolve?

The definition of the captive insurance industry is innovation. It was formed to be innovative to fill gaps in the commercial market. I was at an industry conference last week, and I attended a session on medical professional liability. One of the topics discussed was the shrinking commercial market because the captives market is taking on more of the medical liability risk. I think the same will be true for other coverages such as cyber, where the commercial market may not have the appetite or capacity to take on all the risk, and the captives industry is poised to take on that risk.

Do you think that your long-term future remains in the captive insurance industry?

I hope so! My goal is to continue to be a trusted professional advisor to all my captive clients and work with them to solve their business needs.