Our Expert Solutions
- Capital Optimisation:
- Iterative capital design and application to the Prudential Authority (PA)
- Review of contract boundaries
- Classification review of risk-mitigating and funding instruments
- Contract design and pricing
- Selection of reinsurance and market risk hedging instruments
- Special Purpose Vehicles (SPVs)
- Capital market instruments (e.g., CoCo)
- Risk Assessment:
- Development and reporting of risk appetite
- ORSA scenario development and implementation
- Pillar 2 internal economic capital modelling
- Liquidity and funding risk assessments
- Inclusion of climate change risk assessments
- Non-executive Board appointments
- Design and establishment of actuarial policies
- Outsourced Head of Actuarial Function (HAF) services
- Model review:
- Actuarial code review
- Prophet modelling review
- System overhaul
- Prophet rewrite/code consolidation
- Process review:
- Process mapping, review, optimisation
- Actuarial back-fill
- Analysis of change:
- Analysis of Embedded Value review or design
- Analysis of Surplus review or design
- Actuarial documentation
- Premium rate review
- Assistance with budgeting cycle
- Actuarial basis setting and review
- Regulatory reporting
- Surrender and transfer value calculation
- Market Value Assessments:
- Independent assessment of value reporting to business partners and minority shareholders
- Independent assessment and review
- New Licences, Cell Captives:
- Consulting to cell owners (cell captive)
- Product pricing
- Life insurance application to Regulator
- Mergers and Acquisitions:
- Experience with buy-side due diligence exercises for several large insurers
- Competitor analysis
- Profitability improvement strategy
- Software proposal suitability assessments
- System migration and integration support
- Code development (Python)
- New generation real time processing
- Code Optimisation:
- Data modelling – model points to improve speed
- Prophet code optimisation
- Lite model designs
- Quotes software testing
- Migrate Actuarial process away from Excel based ecosystem
- Any standard actuarial or actuarial administrative function
- Check quotes issued vs actuarial technical specifications
- Check quotes packages on sample basis
- Competitor analysis
- Non-core functions – eg. sustainability reporting
- Assessment of compliance with legislation
- Assistance with insolvent companies
- Curatorship
- Assist Prudential Authority on special projects
- Outsourced regulatory function for sub-Saharan African countries
- Peer review – small actuarial consultancies looking for review in line with actuarial guidance
- Independent valuation review (eg. minority shareholders)
- Expert witness
- Independent actuarial opinion
- Junior actuarial mentorship
- Actuarial development and training
- Data Science:
- Policyholder Behaviour Analytics: Using machine learning to predict lapse rates, surrender behavior, and customer retention patterns for improved decision-making.
- Risk Segmentation Models: Developing advanced models to categorise policyholders by risk level, enabling more accurate underwriting and pricing strategies.
- Fraud Detection: Applying predictive algorithms to identify unusual patterns and potential fraudulent claims in real-time.
- Claims Prediction and Reserving: Leveraging data-driven insights to forecast claim frequencies and severities, optimising reserving strategies and operational efficiency.
- Regulatory, actuarial and financial change management projects
- Sit on project “Steerco”
- Large-project oversight and management
