John Neal is a principal of Nexus
Actuarial Consultants Ltd. Nexus specializes in providing comprehensive
services in the fields of Workers' Compensation and computer systems.
Clients include private corporations, trade associations, WCB support
groups and government agencies. Services include evaluating WCB liabilities
for self insured employers, designing and implementing WCB management
systems, supporting employers in their negotiations with the WCB, and
providing technical advice and leadership to trade associations and WCB
support groups regarding assessment rates, experience rating, legislative
reform and WCB policy changes.
For William M. Mercer Ltd., in addition to actuarial
consulting services, John managed Mercer's actuarial computer requirements.
As Chief Actuary for Ontario
Workers' Compensation Board, John overhauled the Ontario Board's liabilities,
premiums and experience rating programs. He played an integral part
with the design and costing of major reforms, including net compensation
(1985), indexation (1985) and wage loss (1990).
John also directed the design
and implementation of an on-line, interactive, "end-user" computer
system for classifying industries, analyzing experience rating, setting
premiums and determining liabilities.
John spearheaded the development,
marketing and implementation of two enhanced experience-rating programs,
which have contributed to reducing work place injuries in Ontario
by 50% since 1988.
- Returned to private practice with Buck Consultants
Ltd. to provide clients with consulting solutions on pensions and
- As Vice President and actuarial practice
leader John implemented the brokerage firm T.I. Benefits' diversification
into the pension and workers' compensation consulting business. His
activities included consulting, planning, staffing and managing the
implementation of the infrastructure required to support the practice.
- In 1994, John, together with his partner Bruce
Neville, formed Nexus Actuarial Consultants Ltd. to provide clients
with extensive Workers' Compensation and computer system solutions
from the management and actuarial perspectives.
- Fellow of the Canadian Institute of Actuaries
FCIA, Canada (1980)
- Author of the Society of Actuaries study notes
on Canadian Workers' Compensation.
- Member of the Canadian Institute of Actuaries
Workers' Compensation Committee.
- Speaker at conventions, seminars and conferences.