Derek Freihaut is a principal and consulting actuary with Pinnacle Actuarial Resources, Inc., bringing 23 years of actuarial experience in the property-casualty insurance industry. He is a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries (AAA).
Mr. Freihaut advises a wide range of self-insured entities, captive insurance companies, and traditional insurance companies on matters involving rate setting, loss reserving, funding studies, loss-cost projections, risk-distribution analyses, captive feasibility studies, and financial reporting of unpaid claims liabilities. He also works extensively with accounting firms on internal audits and assists insurers, reinsurers, and audit firms in evaluating risk transfer in reinsurance contracts consistent with FASB 113 and SSAP 62.
He has supported multiple state and local government entities on rate-setting, estimating unpaid claims liabilities, regulatory review of rate filings, and financial examinations. Mr. Freihaut routinely presents analyses to boards of directors, regulatory bodies, and financial reporting executive committees.
Earlier in his career, Mr. Freihaut worked for a large personal lines insurer, where he began his actuarial track after graduating from the Rose-Hulman Institute of Technology with degrees in mathematics and economics. He later joined Pinnacle, where he expanded his focus into alternative markets, including self-insured programs, captives, and risk retention groups.
Mr. Freihaut is also a codeveloper of the expected adverse deviation (EAD) method for determining and quantifying risk transfer and has served on the Board of Directors of the American Academy of Actuaries.
