John Pedrick joined the Bureau of Workers’ Compensation’s Senior Team as Chief Actuarial Officer on July 2, 2007. Previously he was Assistant Director of Product Regulation and Actuarial Services for the Ohio Department of Insurance.

As the Chief Actuarial Officer, John is responsible for bringing actuarial principles and standards of practice to rates, rating systems and reserves to ensure the long-term financial strength of our funds, and to develop equitable premiums for all Ohio employers. He brings over twenty years of insurance industry and regulatory experience, and is a fully qualified actuary.

At the Department of Insurance, John advised the Director (Ohio’s Insurance Commissioner) regarding property and casualty insurance (P&C) markets, and managed P&C contract and rate regulation, statistical reporting, and research. During his tenure he testified an expert witness on P&C rates, produced many of the Department’s reports on P&C markets, and provided actuarial analysis of various legislative matters. He was active on several committees of the National Association of Insurance Commissioners, and was appointed as one of five experts to the NAIC Advisory Panel to the Federal Trade Commission. He joined the Department of Insurance in 1995.

Before coming to the Department of Insurance and to Ohio, John was an actuary with Providian Auto and Home Insurance Company and with the P&C Division of CIGNA Corporation, now known as ACE-INA. Prior to his actuarial career, John spent five years on the faculty of The Hill School, where he taught Calculus, various mathematics, and computer science courses, and was a Head of Dormitory for the college-preparatory boarding school.

John is a Fellow of the Casualty Actuarial Society (FCAS), a Member of the American Academy of Actuaries (MAAA), and is active in both professional organizations. He has spoken numerous times at actuarial and insurance meetings regarding medical malpractice insurance, credit scoring, insurance markets, and other regulatory issues. He received a Bachelor of Arts degree in Mathematics from West Chester University, in Pennsylvania.

John and his wife, Brenda, live in Dublin, Ohio.