Joy is considered an industry expert in balance sheet review and valuations for mergers, acquisitions, and financing transactions for property/casualty insurance companies.
In addition, her client work has included loss reserving, pricing, and financial forecasting for start-up companies, reinsurance companies, specialty companies writing professional liability and directors and officers liability business, and breakage rate analyses for the hospitality industry rewards programs.
Joy has also managed profitability and reserve analyses for property and casualty companies domiciled in China, including PICC related to its Initial Public Offering in 2003.
Joy’s work has included expert testimony assignments related to bankruptcy trust funding, valuation, and financial condition of insurance companies.
She has also been involved with several projects involving terrorism insurance.
Prior to joining Milliman, Joy was employed by American International Group for 10 years. During that time, she worked in such areas as:
- Loss reserve analyses
- Profitability study analyses
- Retro premium accrual analyses
- Development of reinsurance strategies
- Structuring of loss reserve portfolio sales
She also managed an excess liability underwriting unit charged with providing excess liability insurance to Fortune 500 risks.
