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.
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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 Articles
ICSR Horizons Q3 2024: Our Quarterly Report For Senior Leaders
The Q3 2024 edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. Download your copy now.
ICSR – Monte Carlo ‘Rendez-Vous Revisited’
Kenneth Underhill is flying the flag for ICSR at the Rendez-Vous de Septembre (RVS) this year, returning after a successful trip to the principality in 2023. If you are in Monte Carlo and would like to catch up with Kenneth, do get in touch.
Funded Reinsurance – The Board Perspective On The PRA Supervisory Statement
The PRA have set out their expectations on the future use of funded reinsurance in SS5/24 which took effect from 26th July 2024 – and imposes a relatively short Board assessment and PRA reporting deadline of 31st October 2024. Claire King looks at what it means for boards.
