Rick Leavitt, ASA MAAA – Project Advisor

Managing Director, Actuarial

GC Smith Group

Rick Leavitt serves as pricing and consulting actuary at GC Smith Group.  In this capacity, Rick conducts valuation and pricing projects for GC Smith Group clients, with a focus on LTD, STD and voluntary disability product lines.  Rick is a frequent speaker on LTD pricing and valuation issues at the Society of Actuaries and GUAA conferences, and has been an active member of numerous SOA research committees, including the LTD experience committee, as well as the joint AAA GLTD and NAIC Health-Actuarial Task Force. He is responsible for the hands-on development of the GLTD2008 and GLTD2012 reserve tables. He also provides actuarial and underwriting training on a variety of topics including reserving, risk evaluation, and experience rating.

Rick began his insurance career at UNUM in 1991, joining the GC Smith Group in 1999.  Rick’s work at UNUM and at GC Smith Group has involved all major aspects of LTD valuation and pricing analysis, including reserve adequacy testing, manual and experience rate review, single large-case pricing, reserve buyout pricing, business management metrics, predictive analytics, return on capital models, and sources of gains and loss analysis.

Rick graduated from Reed College in Portland, Oregon in 1983 with a B.A. in physics, and received his Ph.D. with distinction in theoretical physics from the Johns Hopkins University in 1988.  He taught physics for three years at Bates College in Lewiston, Maine.