RS Overview & UW Guidelines
The ultimate premium on the program is dependent upon the performance of the underlying program. Over a wide range of outcomes, our compensation is fixed & we are exposed only when the claims performance exceeds expected parameters.
Retrospectively Rated Structure
Which 2 folders of the Risk Solutions directory have we migrated to SharePoint?
Active & Pending
Name two purposes that the monthly reporting from our administrators serves.
Data for premium entry to pomas and an update on the programs for performance monitoring.
Often, the first agreement signed with a potential customer.
Confidential Disclosure Agreement
This person on our team collects anime figures
Karl
This structure often has a custody account for reserve funds.
Surety Structure
Which sub-folder has not been migrated to SharePoint due to functionality limitations and will remain on the X drive?
Reporting
Name 4 ways we bulk bill premium for pomas.
By term, province, product, risk location, earning pattern.
This agreement is used for arrangements with surety style, risk transfer, and retrospectively rated structures.
Program Adminstration Agreement
Making pizza is the favourite thing to make for these two team members.
Ed & Ross
List one condition out of three that may prompt an account to require sub-committee approval
Where can you find active program documents relating to the governance of each program to support our Paperless initiatives?
Program Agreements & Policies & Marketing
Who is responsible for overdue premium?
the principal underwriter for the account
This agreement will make reference to 3 tiers of pricing.
Retrospectively Rated Policy
This person was on local news as a child wearing a Canada flag poncho during a rain storm.
Rob
When determining whether reserve pricing is adequate, what is one of the most important figures we would look at?
Expected Claims Cost
List 2 documents for which original executed copies are required and we cannot accept electronic copies.
General Security Agreements and Letters of Credit
What are our three main tools for account oversight?
financial statement analysis, RSASR's, and audits
This agreement insures all of the administrator's Warranties.
CLIP (Contractual Liability Insurance Policy)
These two people tie in first place with 10 houseplants each.
Pooja and Cam
Who, in the Risk Solutions department, has the authority to approve new programs?
No one.
List 5 out of the 7 modules that are readily available to be used in PoMaS II for Risk Solutions department.
Home, Account, Deals, Security, Financials, Write-Ups, Policies.
How often will RS audit our administrators?
What are the two tri-party agreements we may enter into?
This person was on TV as a child doing a Taekwondo demonstration
Eric