Solutions

Actuarial audit

As one of the largest companies in actuarial solutions in the world, Deloitte contributes by offering services of risk quantification and qualification in this area. 

Therefore, we help companies maximize their performance with adequate risk levels.

Deloitte has one of the largest actuarial teams in the market, with specialists in the most diverse segments.

Insurance companies, reinsurance companies and capitalization companies

  • Review of calculations and methodologies used in examining technical provisions;
  • Review of calculation and methodology used to determine the Minimum Capital Required, as well as its adherence to the criteria established by the specific legislation inspecting authority;
  • Independent actuarial auditing in accordance with resolution CNSP 311.
     

Audit

  • Implementation of technical provisions;
  • Preparation of product actuarial technical note and portfolio actuarial technical note;
  • Design, implementation, validation and monitoring of economic capital and internal models calculation for all applicable risks;
  • Design and analysis to determine the best reinsurance plan to be contracted for the company, setting off risk minimization and result maximization, for capital optimization;
  • Analysis of product pricing to ensure profitability targets are met. Preparation of actuarial technical notes and general conditions;
  • Due Diligence;
  • Design of company business flow aiming at best economic value for current and future business - Embedded Value;
  • Asset Liability Management (ALM) Studies;
  • Insurance Analytics;
  • IFRS 4 – Phase II and Solvency II;
  • Specific training programs.

Consulting

Complementary social security institutions

  • Review of mathematical provisions, quality of records and actuarial premises and hypotheses;
  • Auditing of benefits and granting criteria adopted by pension funds;
  • Specific auditing for surplus destination.

Audit

  • Actuarial evaluation of benefit plans meeting the criteria established by the National Superintendence of Pension Funds – PREVIC;
  • Preparation of actuarial technical notes;
  • Studies to discontinue plans or remove sponsorship;
  • Restructuring of benefit plan in the following modalities: defined benefit, defined contribution and variable contribution;
  • Asset Liability Management (ALM) Studies;
  • Preparation of adherence studies to meet regulatory agency requirements;
  • Design of benefit plans;
  • Preparation of report on EFPCs internal control environment, in compliance with Resolution CGPC 13;
  • Diagnosis of adherence to “PREVIC’s best practice guidelines”;
  • Specific training programs.

Consulting

Healthcare/supplementary healthcare plans

 

  • Review of estimates and methodologies used in examining provisions for occurred but not reported (OBNR) events and remittance;
  • Auditing of data accompanying actuarial technical notes for provisions for occurred but not reported (OBNR) events and remittance;
  • Review of the adjusted minimum equity, solvency margin and internal model to estimate capital based on applicable risks.

 

Audit

  • Preparation of Actuarial Technical Note – NTRP of Product Registration;
  • Preparation of Actuarial Technical Note – NTAP of Provision;
  • Calculation and monthly monitoring of financial warranties and technical provisions defined in the legislation in force;
  • Due Diligence;
  • Healthcare plan pricing;
  • Health Insurance Analytics;
  • Design, implementation, validation and monitoring of economic capital calculation and the internal models for all applicable risks (normative instruction 51);
  • Specific training programs.

Consulting

Post-employment benefits

  • Review of calculations, conciliation reports and actuarial hypotheses and premises used in actuarial assessment of post-employment benefits in domestic – CVM and CPC – and international standards -- FASB and IASB, including retirement plans, healthcare insurance, retirement premiums, FGTS fine, and other benefits.

Audit

  • Actuarial assessment of post-employment benefits in domestic – CVM and CPC – and international standards -- FASB and IASB, including retirement plans, healthcare insurance, retirement premiums, FGTS fine, and other benefits;
  • Identification and measurement of actuarial liabilities of post-employment benefits in due diligence processes;
  • Review of post-employment benefits aiming at identifying alternatives for their mitigation;
  • Mapping, implementation and monitoring of internal controls for actuarial liabilities calculation, as well as advice on external auditing processes;
  • Specific training programs.

Consulting

Other services

  • Loyalty programs actuarial commitment;
  • Temporary discontinuing of actuarial workforce (Loan Staff).