ACTUARIAL SERVICES
Our Actuarial specialists provide advice and support to firms that need help to meet their operational and regulatory requirements.
Overview of Actuarial Services
We provide a broad range of advice and support to firms that need help to meet their operational and regulatory requirements. In many situations, actuarial advice and resource is required to dovetail with other elements of the work we undertake for clients around risk, underwriting and claims controls or environmental, social & governance.
What We Do
We are able to provide support with a range of these specialist services:
- parameterisation of capital models for firms which have Internal Models;
- standard formula calculations for those which use this approach;
- pricing and product governance;
- reserving and technical provisions analysis;
- risk analytics and ORSAs;
- portfolio optimisation;
- resourcing and training;
- capacity discussions and/or the development of new capacity arrangements.
In addition, we support a number of MGAs with retained annual services throughout the lifecycle of a binder
We can support MGAs with a retained annual service through the lifecycle of a binder, offering fees that are agreed annually and paid monthly to help manage cashflow and provide certainty of cost.
Key Contacts:
If you would like to know more about the way we could help your firm, please speak with one of our Actuarial specialists.
Kenneth Underhill
Managing Director
Latest Case Studies
Supporting The Client With The Delivery Of A New Governance, Service And Operating Model As A Part Of A Corporate Restructure
Assisting Client With The Parameterisation Of Its Operational Risk Processes And The Redevelopment Of Its ORSA Process And Templates
Providing expert evaluation of the governance and control arrangements and identifying opportunities to materially enhance the client’s structures, composition and processes
Developing A Financial Crime Risk Assessment For One Of The UK’s Leading Employee Benefits Providers
Resourcing And Training Support For Client To Ensure They Were Adhering To All Applicable Sanctions’ Regimes And Effectively Managing Their Sanctions Exposures
Our client required an independent Board Effectiveness review in accordance with its’ three-yearly cycle
Review client’s governance, control and risk frameworks to ensure that the operating model remained fit for purpose
Assist with changes to governance, capital model, risk, compliance, operations, claims functions and frameworks
Latest Articles
Operational Incidents, Outsourcing and Third Party Reporting: The Next Phase In Regulatory Oversight And Control Of Operational Resilience In Financial Services Firms
The Prudential Regulation Authority (PRA) has published a new Consultation Paper, CP17/24 – Operational Resilience: Operational Incident and Outsourcing and Third-Party Reporting. Benoit Steulet looks at the proposed requirements.
Callum Hadley Joins ICSR As Risk Manager
We’re delighted to announce that Callum Hadley has joined ICSR as a Risk Manager, reporting to Risk & Compliance Director Claire King.
2025 Insurance Supervision Priorities – Balancing Prudence and Growth
In a letter dated 9th January 2025, the PRA has set out its insurance supervision priorities for 2025. We take a look at what this means for insurance firms.