Actuarial Modelling Centre (AMC)
The Deloitte Actuarial Modelling Centre (AMC) is our centre of excellence for actuarial modelling, data warehousing and business intelligence solutions. The AMC formalises the Deloitte approach to actuarial modelling where we are recognised as a market leader.
What does AMC do?
The AMC uses our standard management and project frameworks to deliver modelling engagements. Our expertise in this area is underpinned with our market leading approaches, frameworks, tools and training to support the delivery of actuarial modelling, data warehousing and business intelligence solutions to our clients.
What does AMC do?
- Resources to support modelling needs
- Supporting all areas of development cycle e.g. analysis, design, build, testing and documentation
- Outsourcing and offshore modelling services
- Rationalising data, processes and models
- QA and peer review services
- Implementing regulations including IFRS17
- Advanced modelling techniques
- Technology advisory and embedding services
- Data management and processing services
- Data Warehousing
- Business Intelligence Solutions
- Developing target operating models
The AMC has resources to support the market leading modelling platforms, including FIS Prophet, Algo AFM (IBM), Towers Watson MoSes, Aon Benfield ReMetrica, R, SAS and @RISK.
IFRS 17 Reporting System Design & Launching AMC Ireland - Lunch Briefing
In September 2018 Deloitte Ireland launched the Actuarial Modelling Centre (AMC) in Dublin. This is our centre of excellence for actuarial modelling, data warehousing and business intelligence solutions. The event focused on the Importance of Reporting System Design in the context of IFRS 17. In addition, we used the occasion to launch AMC Ireland – the local branch of our Global Actuarial Modelling Centre (AMC).
Change is now the new norm within the life assurance industry. In a constantly evolving world of new regulations and product innovations, it is essential that your reporting systems are capable of moving with you. Resources should focus on value adding activities rather than dealing with legacy issues. In this lunchtime briefing, we discussed some of the key topics related to reporting systems that life companies should consider in light of the upcoming IFRS 17 reporting requirements. In particular, we examined Modelling best practice, Data Warehousing and managing through a transformation agenda.