ACTOMATE
ACTUARIAL RESERVE REVIEW
Our actuarial reserve review solution is designed to provide insurance companies with independent, robust, and objective assessment of their insurance liabilities and reserving practices.
We provide experienced actuarial resources to support companies in reviewing reserving assumptions, methodologies, models, and calculations to identify gaps, weaknesses, and opportunities for enhancement.
Our independent reviews provide boards, management, auditors, and regulators with greater confidence in the accuracy, adequacy, and governance of technical provisions and financial reporting.
data, assumptions & governance
review and reconcile actuarial data
assess data quality and integrity
validate actuarial assumptions
review mortality and morbidity assumptions
assess lapse and persistency assumptions
review expense assumptions and allocation methodology
evaluate economic assumptions
benchmark assumptions against market and industry practices
review reserving governance framework
assess assumption setting methodology and controls
reserving models & liability assessment
perform independent actuarial reserve review
review life insurance reserves
review general insurance reserves
validate reserving methodologies and calculations
assess liability adequacy and fulfilment cash flows
review best estimate liabilities and technical provisions
analyse claims development and run-off patterns
validate actuarial model
assess reserve adequacy and reserve movements
review insights, controls & reporting
identify reserving risks and weaknesses
provide reserve review recommendations
support auditor and regulatory discussions
review reserving process and controls
identify operational and governance gaps
support management and board understanding of reserve position
facilitate independent peer review and second opinion
enhance reserving governance and documentation
support implementation of reserving process improvements
PRACTICE LEADER
