menu
Profile
Cecil D. Bykerk
Current Employment
  • Company:
    CDBykerk Consulting, LLC
  • Position(s) and Responsibilities:

    President

  • Address:
    9643 Oak Circle
    Omaha, NEBRASKA 68124
  • Phone:
    402-501-8701
  • Cell:
    402-639-2385
  • Fax:
    402-393-1645
  • Email:
Offering Services as Expert Witness in:
Excess of Loss Reinsurance Agreements, Insurance Underwriting, Accident and Health Claims, Insurance Claims, Actuarial, Life Reinsurance, Regulatory / Compliance, Surplus Relief Contracts
Previous Employment
  • Company:
    Mutual of Omaha
  • Position(s) and Responsibilities:

    Executive Vice President and Chief Actuary

  • Company:
    University of Nebraska-Lincoln
  • Position(s) and Responsibilities:

    Assistant Professor, Chair of Actuarial Science

Credentials
  • Attorney:
    No
  • Education:
    Fellow of the Society of Actuaries, Member of the American Academy of Actuaries, Fellow of the Conference of Consulting Actuaries, Registered Health Underwriter, Honorary Fellow of the Institute of Actuaries of the UK
  • Degrees:
    BA University of Denver
    MS University of Nebraska Lincoln
  • Designations:
    Fellow of the Society of Actuaries, Member of the American Academy of Actuaries, Fellow of the Conference of Consulting Actuaries, Registered Health Underwriter, Honorary Fellow of the Institute of Actuaries of the UK
Work Experience
  • Insurance Company: 32 years.
    Underwriting Department: 2 years.
    Executive Officer (CEO, COO, CFO, Chief Actuary): 12 years.
    Actuarial Department: 16 years.
    Board Member:2 years. Board Member of LTC Co., Lead Trustee of Trust holding ins. co.
  • Insurance-related Firms: 13 years.
    Actuarial Firm: 13 years. President , Consulting
  • Independent/Other Relevant Experience: 4 years.
    Other : 4 years. Assistant Professor and Chair of Acturial Science
Breakdown of Experience
  • Accident & Health
    50%
  • Life
    50%
By Market
  • U.S. Market:
    95%
  • U.K. Market:
    3%
  • European Market:
    2%

Insurance vs. Reinsurance: 95/5%
Treaty vs. Facultative Reinsurance: 80/20%
Current Insurance or Reinsurance Company Director

ARIAS Experience

Workshops, as Trainee: 1; March 2005

Ethics Training, as Trainee: 1; July 2010, October 2013

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 1

As an Umpire: 1

Arbitrator Experience
Number of Arbitrations
1
Acted as an arbitrator through to final award after completion of an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Umpire Experience
Number of Arbitrations
1
Acted as an umpire through to final award after completion of an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Biography

Bykerk is President of CDBykerk Consulting and currently serves as Executive Director of three state high risk pools, Montana, Alaska and Iowa. In addition, he currently serves on the Board of Directors of the Senior Health Insurance Company of Pennsylvania. He was Executive Vice President and Chief Actuary at Mutual of Omaha Insurance Company, prior to starting his consulting career in 2004. Prior to his 25-year tenure at Mutual of Omaha, he was Director of the Actuarial Science Program at the University of Nebraska from 1975 to 1979. He served as IAA President for 2011 and as President of Society of Actuaries in 2008/2009 and President-Elect of the American Academy of Actuaries for 2011/2012. He is past chairperson of The Actuarial Foundation currently serving on its Board. He was appointed to the Actuarial Standards Board in 2003 moving up to Chair at the beginning of 2006. He served on the Board and as Chair of the National Association of State Comprehensive Health Insurance Plans (NASCHIP) during 1996-1998, returning to the Board for 2005-2008 serving as Treasurer. He served as Chair of the International Actuarial Association’s Education Committee from 1999 through 2004. In addition, he served as Chair of the Nebraska Life and Health Guaranty Association as well as serving on the Board of Directors of the National Organization of Life and Health Guaranty Associations including serving as Treasurer. During his career, Mr. Bykerk has been actively involved regarding Genetic Testing and Major Medical insurance, having made presentations to various professional, academic and regulatory bodies, and writing articles and white papers. Mr. Bykerk received his bachelor's degree from the University of Denver in 1966, and his master's degree from the University of Nebraska Lincoln in 1968.