Actuarial consulting.

 

Service description:

  • 1. Risk analysis: Accurately evaluates the risks facing the company, whether actuarial, financial, or operational risks.
  • 2. Product Design: Designing new insurance products or modifying existing products to meet changing customer needs.
  • 3. Pricing setting: Setting fair and equitable prices for insurance products, taking into account the level of risk.
  • 4. Reserves management: Evaluating the reserves needed to cover future obligations.
  • 5. Asset Management: Providing advice on optimal investment of assets.
  • 6. Developing actuarial models: Building mathematical models to evaluate risks and calculate present values.
  • 7. Regulatory Compliance: Ensuring that the company complies with applicable laws and regulations.

Examples of services:

  • 1. Risk assessment in life insurance: Identifying the risks associated with the death of the insured and designing appropriate insurance products.
  • 2. Designing new health insurance products: Developing innovative health insurance products that meet changing customer needs.
  • 3. Evaluating pension reserves: Calculating the reserves needed to cover companies’ pension obligations.
  • 4. Investment performance analysis: Evaluating the performance of insurance companies’ investment portfolios.
  • 5. Developing real estate valuation models: to determine the value of insured properties.
  • 6. Natural disaster risk assessment: To identify risks associated with earthquakes, hurricanes, and floods.

 

Why does your company need an actuarial consultant ?

  • 1. Making informed decisions: A consulting actuary helps you make strategic decisions based on accurate data and in-depth analysis.
  • 2. Compliance with regulations: The consultant ensures that you comply with the regulations and laws applicable in the insurance sector.
  • 3. Improve financial performance: The consultant helps you improve the financial performance of your company by managing risks effectively.
  • 4. Staying competitive: The consultant keeps you informed of the latest developments in the insurance field and helps you develop new products and services.