LIFE AND ANNUITY

Overview

Our actuaries have provided consulting across numerous facets of the life insurance industry for more than 25 years.  We have provided actuarial analysis and oversight, risk management, and analytics for life insurance companies, reinsurance companies, international consulting firms, and state insurance regulators. 

Our Services

ACTUARIAL MODELING

  • Cash flow testing model development
  • Asset and liability modeling
  • Model conversions
  • Peer review
  • Best practices training and governance

PRODUCT DEVELOPMENT AND DISTRIBUTION

  • Predictive analytics
  • Analysis of data used in accelerated underwriting
  • Pricing for structured settlements
  • Experience studies: mortality/lapse rate development and monitoring

FINANCIAL REPORTING

  • Statutory accounting and reserving principles and practices
  • Principle-Based Reserving (PBR), including investment model development and mortality assumptions
  • Asset adequacy analysis
  • Projecting life expectancies on life settlement policies
  • Policy valuation systems and processes – reconciliation of reserve data

INSURANCE ASSET MANAGEMENT

  • Strategic asset allocation
  • Asset/Liability Management (ALM)
  • Developing investment assumptions
  • Liquidity stress testing

REGULATORY ASSISTANCE

Our knowledge is enhanced by the actuarial assistance we provide to state insurance regulators.  Our consultants use their experience pricing risk, examining mortality and longevity risk, cash flow testing, and evaluating operational risk to provide in-depth examinations of life insurance companies.  Our life actuaries have successfully completed the NAIC’s “Risk-Focused Examinations: The Role of an Examining Actuary” training course and the Life & Health Qualification Seminar and Webinar.

Our Team