Sandra Schrader
Sandra Schrader is a consulting actuary with Milliman’s Property and Casualty Dallas office and is based in Pennsylvania. She joined the firm in 2021.
Experience
Sandra's areas of expertise include:
- Loss reserving and ratemaking studies for insurance companies for both personal and commercial insurance lines of business, as well as actuarial support for collateral protection insurance examinations
- Personal and commercial lines product development, including rating, underwriting, and marketing strategies
- Product profitability and competitive analyses
- Reinsurance ratemaking for excess of loss treaties, quota share agreements, and loss portfolio transfers
- Enterprise and model risk management
- Economic capital modeling
Prior to joining Milliman in 2021, Sandra held a variety of actuarial positions spanning over 25 years in the Property and Casualty insurance industry, most recently holding the position of Vice President of Risk Management for a multi-regional insurance carrier. Previously, Sandra was the Chief Actuary for a regional commercial lines carrier in the southwest. Before these roles, Sandra was Vice President and Senior Pricing Actuary for a banking institution insurance division, responsible for forecasting the mortgage protection debt cancellation insurance product and ensuring the reasonability of the reserves.
- Fellow, Casualty Actuarial Society
- Member, American Academy of Actuaries
- BS, Mathematics – Minnesota State University, Mankato
- Sandra is an active volunteer in both the American Academy of Actuaries and the Casualty Actuarial Society, having held chairperson roles on the CAS Ratemaking Committee and the Underwriting Collaboration Seminar Committee.