Stephen R. DiCensoPrincipal and Consulting Actuary
 FCAS, MAAA

Professional designations

  • Fellow, Casualty Actuarial Society
  • Member, American Academy of Actuaries

Current responsibility

Steve is a principal with the Boston office of Milliman. He joined the firm in 2008.
 

Experience

Steve has enjoyed a multifaceted property and casualty actuarial career. He consulted for seven years with a major accounting firm, primarily performing independent loss reserving for insurance and reinsurance companies and funding studies for captives and large self-insured corporations. Other experience includes pricing reviews and monitoring, cost allocation, financial examination work, due diligence, financial simulation modeling, and risk financing.

His insurance company experience includes chief actuary positions at an alternative markets insurer and a third-party administrator owned by a major insurer, as well as senior management experience with a property and casualty programs insurer and a fidelity and surety bond insurer. Steve has had responsibility for overseeing pricing, reserving, and planning functions while also providing analysis on reinsurance procurement and regulatory support. He has managed staffs of up to 17 people.

Steve’s primary area of actuarial expertise is in alternative market issues and commercial lines coverages, including workers’ comp claims predictive modeling. He brings a deep understanding of claims issues from his TPA experience, where he managed benchmarking, research, and financial functions. In addition to his alternative and traditional markets expertise, he has specialized experience in excess workers’ compensation and bond lines.

 

Affiliations

  • Current Chairperson and Member, CAS Committee on Health Care Issues, 2008–present
  • Member, Self-Insurance Institute of America (SIIA) ART Committee, 2010–present
  • Member, CICA Captive Operational Best Practices Advisory Committee, 2009
  • Past chair, Casualty Actuarial Society (CAS) Special Interest Seminar Committee on Dynamic Financial Analysis
  • Past member, CAS External Communications Committee, 2001–2003
 
Presentations and publications
  • “WC Medical Costs: A Predictive Diagnosis,” VCIA (2011)
  • “Transformational Claims Initiatives: Optimizing Claims Processing Results,” IASA (2011)
  • “Seize the Moment – Healthcare Reform and Workers’ Comp,” Contingencies, Jan/Feb 2011
  • “Workers Compensation – The Post- Healthcare Reform Impact,” CAS Annual Meeting (2010)
  • “Why Collaboration with Actuaries is Crucial for Captives,” VCIA 2009
  • “Actuaries: Key for TPAs?” Risk & Insurance Online, November 2008
 

Education

  • BA, Mathematics, Northwestern University, Phi Beta Kappa
  • Graduate, The Hartford's Business Mastery Certificate Program, 2005
 
CONTACT INFORMATION
Stephen  R.  DiCenso 

Office: Boston, Mass.

Phone: +1 860.687.2110