Budget vs Actual Financial
Monitoring Report – Peer Review
Senior Consultants provide an in-depth review of the Financial Monitoring Report (FMR) prepared by the employer (or other third party). This ensures that the claims experience, expenses and all assumptions used in the FMR are actuarially sound and consistent with the Renewal Projection, Renewal Evaluation, 5 Year Cost Projection and IBNR. In addition, our senior consultants will ensure that all information is being interpreted and used correctly by the employer.