Workflow · Analytics
Benchmarking
Defines the benchmark set from a client profile, normalizes the client's loss and exposure data into exposure-adjusted metrics, researches credible external benchmarks (BLS, OSHA, NCCI, state bureaus), and produces a clear, cited comparison suitable for a client-facing report or stewardship deck. You make the final interpretation.
What goes in
Client profile (industry, NAICS, states, size/exposure, coverage line, time period) and the client's loss/exposure data.
What you get
An exposure-adjusted benchmark comparison table, executive summary, source citations, a data-gaps section, and broker talking points.
How it works
- 1Define the client: industry, NAICS, states, size/exposure base, coverage line, and time period — SoterAI helps infer the NAICS code if you're unsure.
- 2Data intake: upload or type the client's loss runs, payroll, claims, and exposure data — SoterAI flags any missing denominators before calculating rates.
- 3Benchmark research: it pulls credible external benchmarks matched to the client's industry, state, size, and period, capturing each source and its caveats.
- 4Normalize, compare, report: the client's data is converted to exposure-adjusted rates, compared in a variance table, and assembled into a cited, client-ready report.
Related pages
What this workflow delivers
An exposure-adjusted benchmark comparison table, executive summary, source citations, a data-gaps section, and broker talking points.
2+ hours
- Guided step by step, no blank page
- Owners and follow-up on every run
- Human review before sign-off