WorkflowWorkers’ Compensation

Experience Mod Review

Experience Mod & Payroll Review

Every experience mod rechecked against payroll and loss runs before the renewal is priced.

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WorkflowDocuments in; a checked, signed result out.
5specialist agents
5kinds of input
Soonfilm in production
The problem

Why it matters

Mod worksheets, payroll audits and loss runs rarely agree; errors in class codes or reported losses carry into three years of premium.

What it does

How the solution handles it

Five agents read the worksheet, check payroll and class codes, reconcile every loss to the loss runs, recalculate the mod and draft a correction request. The underwriter confirms the rate and approves any request.

How it works

How a mod moves

Five specialist agents read the worksheet, check payroll and classes, reconcile losses, recalculate and draft; an underwriter confirms.

What comes in
Records in5 kinds of record · worksheet, payroll, audits, loss runs
Agents at work
Worksheet readeryears, classes, losses
Then
Payroll & class checkercodes vs audits
Loss reconcilerloss runs vs worksheet
Then
Mod recalculatorwhat-if mod
Then
Correction drafterrequest to bureau
A person decides
Underwriterconfirms rate
What comes out
Reconciled mod
Correction request
Renewal priced
In and out

What it reads, and what it hands back.

What goes in

  • Experience rating worksheet
  • Unit statistical reports
  • Payroll and audit reports
  • Loss runs
  • Class code schedule

What comes out

  • Reconciled mod review
  • Differences with sources
  • What-if mod
  • Draft correction request

Who uses it

UUnderwritersPAPremium auditorsAMAccount managersBBrokers
What it changes

The difference, in numbers.

Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.

target
15min
per account, from worksheet to a reconciled mod review
By hand3–4 hrs
With agents≈ 15 min
target
100%
of claims on the worksheet reconciled to the loss runs
every claim reconciled
target
3years
of payroll and losses rechecked on every mod

Source: NCCI Experience Rating Plan (three policy years) · “Target” = design goal, measured in the live solution · “typical” = published figures · “estimated” = our estimate

Built on the engine

5 specialist agents. One person decides.

Worksheet readerevery line of the worksheet
Payroll & class checkerpayroll and class against audits
Loss reconcilereach claim to the loss runs
Mod recalculatorcorrected mod, shown step by step
Correction drafterdrafts the correction request
Underwriterconfirms the rate and approves

Build this
for your team.

We’ll show Experience Mod Review running on your own documents.