Actuarial and Insurance Services


Actuarial & Insurance Services

Life and general insurance | Accident and health | Customer and digital

Deloitte’s actuaries have extensive industry and professional experience in insurance and banking. They have particular skills in pricing and valuation, distribution and strategy, financial reporting, and regulation.

Actuaries have a broad set of capabilities that they use to influence the financial world. They can help individuals and organisations answer strategic questions through logic and analysis. Actuaries have a deep understanding of the fundamentals behind financial and statistical models and processes. They have a long history of working in the insurance and financial markets. And they are experienced in communicating insights from complex problems to a wide audience.

Global demand for actuarial services and advice is increasing. In part this has arisen from new requirements in the insurance industry related to questions about conduct, accounting regulation, and technological and structural change. Furthermore, as organisations look to develop or enhance their data driven strategies, customer experience and sustainability, they are seeking actuarial knowledge to help shape business strategy and improve performance.

Our approach is to develop strong and close relationships with our clients to ensure a consistent and comprehensive transfer of knowledge. Our team’s diverse industry experience, combined with our technical capabilities and professional disciplines, ensure we have the right combination of people and skills to help our clients see what they need to run their businesses or manage complex projects. These same skills also help our clients to see and understand the crucial technical details underlying their businesses.

Deloitte’s Actuarial and Insurance Services (AIS) practice has a proven track record of helping companies make better-informed decisions regarding insurance liabilities, assets, capital management, performance measurement, growth, and risk. Our actuaries maintain high standards of technical excellence and work collaboratively across multiple disciplines to provide valuable solutions.

How we can help you:
  • Insights and analytics
  • Expert guidance on the new accounting standard, IFRS17
  • Actuarial support for company actuarial and finance teams
  • Appointed Actuary services
  • Strategy
  • Solvency and sustainability advice
  • Risk and capital modelling, analysis and advice
  • Reinsurance strategy and management
  • Insurance valuation, financial and regulatory reporting
  • Pricing and product design
  • Customer and distribution strategy
  • Asset and liability management
  • Due diligence for mergers and acquisitions
  • General actuarial advice

Related articles and blogs

COVID-19: Impacts on the New Zealand Insurance Environment

New Zealand’s economy is heavily impacted by reduced tourism and trade opportunities and global supply chains have been disrupted. COVID-19 has also forced businesses to catch up fast to new ways of working and changing consumer preferences. We address two key themes in minimising the impacts of the pandemic. 

Read more >


Reserve Bank review of the Appointed Actuary

The Reserve Bank’s thematic review of the role of the Appointed Actuary has confirmed that they play an important role in New Zealand’s insurance prudential supervision regime. However, the Bank believes that the role should be much broader.

Read more >

Blog series

Organisations are increasingly focused on Environmental, Social and Corporate Governance (ESG). More than ever, investors, customers and employees include these factors in their decision-making. In the first of a new blog series, we look at what this means for New Zealand’s insurance industry.

The first of the series covers the topic - Environmental, Social and Corporate Governance in Insurance.

Get in touch:

Lee-Ann du Toit

Lee-Ann du Toit

Partner – Actuarial & Insurance Services, National lead - Insurance

I have extensive practical, strategic and operational experience in the Insurance Industry, where I’ve developed a passion for the end-consumer and how the right needs-based insurance solutions can en... More

Richard Beauchamp

Richard Beauchamp

Partner - Actuarial & Insurance Services

Richard has enjoyed a long and diverse career in the general insurance industry, in the UK and New Zealand. He has been the Appointed Actuary for one of New Zealand’s largest insurance groups, and dev... More