Claims Reserve Review Agent

Reserve reviews take weeks each quarter, and a data gap or one large loss can distort the whole picture. This agent prepares the reserve analysis. It builds loss triangles from claims data and checks that they tie to the general ledger before doing anything else. If they do not, it finds the missing data and rebuilds. It runs standard methods such as chain ladder and Bornhuetter-Ferguson and compares results to last quarter and to actual development. It runs diagnostics for distortions from large losses or process changes, removing large losses for separate handling and testing adjusted factors. It drafts a summary of indications by line. The actuary selects the final estimates. Edge case: the claims department sped up case reserving, so factors from older years may overstate, and the agent flags it.