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Actuarial Projects

We are able to carry out any of the main actuarial projects in a life office.  You can free your team of a time consuming project just when you need to concentrate on the main business needs.  We are skilled at fitting in with appointed actuary's requirements when the appointed actuary is either in-house or a different consultancy firm.  Our charge out rates are reasonable and we are able to take on small to large tasks.

Key Benefits

  • Move the resource requirement for a special project external to your team.
  • Cost effective.  We can work on hourly rate or fixed fee contract - you decide.
  • Wide ranging expertise.

Capabilities

All of the actuarial projects that are likely to require support can be dealt with.

Product development projects
Unit linked, with profits and non-profit products can be developed.  We have good contacts with consultants from other disciplines (marketing, sales training, compliance, technical support, underwriting, IT) and can project manage a product development through using very little internal resource but with key point sign-offs by you after quality assurance checks.  We can also just deliver the actuarial part of the project and attend project management meetings.  Again, your choice.  We have given advice on annuities, Child Trust Fund, ISA's, protection products over the last year.
Feasibility Studies.
We are able to deliver full feasibility studies on new corporate developments.  Major suites of products, new offshore subsidiaries and even establishing new life companies.  Again, we can tie in with your chosen team of other specialists or can supply other consultants to provide all the disciplines required.  We can even deliver a TPA if necessary.
Business Plans and Delivery.
We are able to deliver the next step from the above - the full Business Plan and the delivery of the project through setup to first day trading.
Providing advice on comparative bonus earning power
We are able to deliver special projects looking at various insurers' finances and generate advice to clients / IFAs and interested parties.

 

Reference Accounts

This is a hard area to provide references for as many of the projects are not public knowledge.