HR Services

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.

Latest Case Studies

Assisting International Insurer Manage Its Operational Resilience Obligations

Assisting International Insurer Manage Its Operational Resilience Obligations

Digital Operational Resilience Act (DORA) Support For Client In The Irish Regulated Market

Digital Operational Resilience Act (DORA) Support For Client In The Irish Regulated Market

Assisting Client With Evolution Of An Outsourcing Framework

Assisting Client With Evolution Of An Outsourcing Framework

Support Setting Up UK Branch And Post-Authorisation Compliance Support

Support Setting Up UK Branch And Post-Authorisation Compliance Support

Assisting The Client With Building An MI Framework For Third Party Reporting

Assisting The Client With Building An MI Framework For Third Party Reporting

Assisting International Insurer With Authorisation And Operating Model Development

Assisting International Insurer With Authorisation And Operating Model Development

Review Compliance Framework Controls To Ensure Consumer Duty Effectively Implemented

Review Compliance Framework Controls To Ensure Consumer Duty Effectively Implemented

Assisting with Compliance Framework Development for UK Branch

Assisting with Compliance Framework Development for UK Branch

Providing Compliance Support To Assist The Clients Operationalisation of its UK Branch

Providing Compliance Support To Assist The Clients Operationalisation of its UK Branch

Supporting The Client With The Delivery Of A New Governance, Service And Operating Model As A Part Of A Corporate Restructure

Supporting The Client With The Delivery Of A New Governance, Service And Operating Model As A Part Of A Corporate Restructure

Assisting Client With Integration Of Governance, Risk And Compliance Frameworks

Assisting Client With Integration Of Governance, Risk And Compliance Frameworks

Assisting Client With The Parameterisation Of Its Operational Risk Processes And The Redevelopment Of Its ORSA Process And Templates

Assisting Client With The Parameterisation Of Its Operational Risk Processes And The Redevelopment Of Its ORSA Process And Templates

Detailed Compliance Training Provided for Insurer Staff

Detailed Compliance Training Provided for Insurer Staff

Assisting European insurer with Application for UK Authorisation

Assisting European insurer with Application for UK Authorisation

Advising International MGA On Its Product Governance Requirements

Advising International MGA On Its Product Governance Requirements

Creating A Product Governance Framework Including Policy And Procedure

Creating A Product Governance Framework Including Policy And Procedure

Undertaking Financial Crime Risk Assessment For Client

Undertaking Financial Crime Risk Assessment For Client

Monitoring Appointed Representatives Compliance Adherence for Principal

Monitoring Appointed Representatives Compliance Adherence for Principal

Support Developing Operational Resilience Control Framework

Support Developing Operational Resilience Control Framework

Development of ORSAs and related ERM work

Development of ORSAs and related ERM work

Development of Climate Change and ESG Frameworks

Development of Climate Change and ESG Frameworks

Provision of Temporary Compliance & Risk Support

Provision of Temporary Compliance & Risk Support

Review Of Complaints Procedures For International Insurer

Review Of Complaints Procedures For International Insurer

Implementation Of Updated Sanctions Screening Solution

Implementation Of Updated Sanctions Screening Solution

Providing expert evaluation of the governance and control arrangements and identifying opportunities to materially enhance the client’s structures, composition and processes

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

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

Resourcing And Training Support For Client To Ensure They Were Adhering To All Applicable Sanctions’ Regimes And Effectively Managing Their Sanctions Exposures

Financial Crime Training For Board And Senior Leadership Team Of UK Based Broker

Financial Crime Training For Board And Senior Leadership Team Of UK Based Broker

Advising On The Authorisation Requirements To Set Up A UK Broker

Advising On The Authorisation Requirements To Set Up A UK Broker

Advising International Firm on the Application of the Temporary Permissions Regime to Its Business

Advising International Firm on the Application of the Temporary Permissions Regime to Its Business

Advising International Firm On Options For UK Structure Post-Temporary Permissions Regime

Advising International Firm On Options For UK Structure Post-Temporary Permissions Regime

Assisting Client With Project Delivering PRA and FCA Operational Resilience Requirements

Assisting Client With Project Delivering PRA and FCA Operational Resilience Requirements

Support Preparing For Introduction of Operational Resilience and Business Continuity Planning

Support Preparing For Introduction of Operational Resilience and Business Continuity Planning

Support with Brexit Planning for European Reinsurer

Support with Brexit Planning for European Reinsurer

Support With The Post-Acquisition Integration of London Market & Lloyd’s Brokers

Support With The Post-Acquisition Integration of London Market & Lloyd’s Brokers

Our client required an independent Board Effectiveness review in accordance with its’ three-yearly cycle

Our client required an independent Board Effectiveness review in accordance with its’ three-yearly cycle

Recovery and Resolution Planning

Recovery and Resolution Planning

Review client’s governance, control and risk frameworks to ensure that the operating model remained fit for purpose

Review client’s governance, control and risk frameworks to ensure that the operating model remained fit for purpose

Assisting Client’s Management Prepare for Lloyd’s Governance, Compliance and Culture Review

Assisting Client’s Management Prepare for Lloyd’s Governance, Compliance and Culture Review

Assist with changes to governance, capital model, risk, compliance, operations, claims functions and frameworks

Assist with changes to governance, capital model, risk, compliance, operations, claims functions and frameworks

Supporting client with Due Diligence Work for Private Equity Backed M&A Activity

Supporting client with Due Diligence Work for Private Equity Backed M&A Activity

Assistance with implementation of control framework in merger of multinational client with London Market Insurer

Assistance with implementation of control framework in merger of multinational client with London Market Insurer

Creating the necessary frameworks and procedures to ensure compliance with IDD

Creating the necessary frameworks and procedures to ensure compliance with IDD

Temporary Permissions Regime for Brexit And Outsourced Compliance and Risk Resources

Temporary Permissions Regime for Brexit And Outsourced Compliance and Risk Resources

Data Protection and GDPR

Data Protection and GDPR

Merger & Acquisition: Control Framework Implementation

Merger & Acquisition: Control Framework Implementation

New Governance and Controls for New TOM

New Governance and Controls for New TOM

Product Governance and Compliance Monitoring Rebuild

Product Governance and Compliance Monitoring Rebuild

Latest Articles

Advisory & Resourcing

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