Resumes
Resumes
Seth Shenghit Phones & Addresses
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109 George St, Trenton, NJ 08691 (609) 259-6772
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Robbinsville, NJ
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10233 Taylor Ct, Princeton Junction, NJ 08550
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115 Cascade Ct, Princeton, NJ 08540
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Newark, NJ
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East Brunswick, NJ
Work
Position:
Professional/Technical
Education
Degree:
Associate degree or higher
Publications
Us Patents
System And Method For Determining Loss Reserves
View pageUS Patent:
8452621, May 28, 2013
Filed:
Feb 24, 2012
Appl. No.:
13/405006
Inventors:
Weng Kah Leong - New York NY, US
Stephen Lienhard - East Windsor NJ, US
Seth Shenghit - Robbinsville NJ, US
Blake Berman - New York NY, US
Stephen Lienhard - East Windsor NJ, US
Seth Shenghit - Robbinsville NJ, US
Blake Berman - New York NY, US
Assignee:
Guy Carpenter & Company, LLC. - New York NY
International Classification:
G06Q 40/08
US Classification:
705 4
Abstract:
A system, method and computer readable storage medium for receiving, from a user, a selection of a model to perform a loss reserve calculation, receiving, from the user, a selection of actual data directly from a workbook of a spreadsheet application to be input into the model selected to perform the loss reserve calculation, performing a model fitting calculation based on the model selected and the actual data to generate model fitted results, performing a plurality of simulations, wherein each simulation is based on the model fitted results and random re-sampling with replacement for the actual data and generating loss reserve statistics based on the plurality of simulations.