Actuarial, Rewards & Analytics
Organisations are challenged with new emerging risks as they seek profitable growth and attempt to maximise the return on capital by understanding the risk adjusted opportunities to deploy the capital. Deloitte’s Actuarial, Rewards & Analytics (ARA) practitioners help business leaders make informed decisions to grow revenue, manage risk and capital, reduce operational costs, and design compensation and reward programs to address critical business, financial, and insurance challenges. We work with many of the world’s leading financial services providers in Life, General insurance, Medical schemes, Health insurance, and the Banking sector, and provide Rewards and Risk management advice to organisations from all industries and all geographies.
Imagine a world where your organization’s actuaries can address be called to answer burning questions – and get business-oriented, easy-to-visualize responses that inform strategic decision making.
Actuarial 20/20 is an offering that assists organizations and their actuarial teams in transforming and enhancing the value of the actuarial processes, systems, and people. Transformation, performed hand in hand with senior management, ultimately improves the overall value of the actuarial team as an important player in business and finance decision making.
Analytics is no longer about finding interesting information and flagging it for managers. Now, data are being used to understand every part of a business operation, and analytical tools are being embedded into day-to-day decision making.