Services

Actuarial Services

New skills for the new actuarial environment

Recent legislative changes have affected the pensions and insurance industries in recent years. Now, all market players, with the exception of state pension funds are expected to comply with IFRS. New products, capital management, risk management and IT solutions have driven the development of the Financial Services industry. Deloitte’s Actuarial team has been at the forefront of these momentous changes, providing the skills, expertise and experience necessary to ensure that our clients’ businesses transform and grow.

Our intellectual capital, consulting expertise, and modelling capabilities can help you to transform the way you manage your businesses. Based in Moscow, we work closely with Deloitte Actuarial teams around Central Europe, helping businesses located in Russia and the CIS, Ukraine and Georgia.

Actuarial Services for banks:

  1. Development of loss default models to calculate impairment provision
  2. Analysis of the bank’s approach to evaluating loan loss provisions
  3. Development of methodology for evaluating loan loss provisions in compliance with the requirements of IAS 39
  4. Benchmarking of the bank’s provision rates

Actuarial services for companies that grant pensions and/or social benefits to their employees (IAS 19)

  1. Audit
  2. Mergers and acquisitions
  3. Actuarial assumptions
  4. Actuarial estimation of benefits
  5. Benefit strategy
  6. Risk management
  7. Training and Seminars

Actuarial services for pension funds:

  1. Audit
  2. Methodology development
  3. Mergers and acquisitions
  4. Actuarial assumptions
  5. Actuarial assessment of the fund’s activity
  6. Cash-flow modelling of a fund’s assets and liabilities
  7. IT system development
  8. Asset and Liability modelling (ALM)
  9. Strategy and operations
  10. Training and Seminars

Actuarial services for insurance companies (including general insurance and life insurance companies):

  1. Audit support
  2. Mergers and acquisitions
  3. Reserve assessment
  4. Tariff modelling and optimisation
  5. Development of new insurance products
  6. IT systems
  7. Strengthening the actuarial department
  8. Embedded value calculation and review
  9. Risk and capital management
  10. Reinsurance – strategy and programmes optimisation
  11. Strategy and operations

Back to Top