Life, Health and Pension

Center of Excellence

The Life, Health and Pension Center of Excellence offers cutting edge expertise in methods, tools and models for life and health companies (pricing, reserving, DFA models), combined with a deep knowledge of market best practices, acquired via our various assignments and surveys. Aside from our assignments, we also propose advanced trainings.

Competences


Life dynamic financial analysis (DFA) models developments and validation
  • Developments of Assets & Liabilities Models
  • IFRS 17: (m)BBA approach, transition, CSM, P&L and Balance Sheet management
  • Solvency II: Best Estimate, standard formula or (partial) internal model SCR, P&L attribution
Product development, pricing and reserving
  • Advices and tools/models development
  • Calibration of assumptions: mortality, lapse,…
  • New product development and pricing, market benchmarking
Pension schemes’ assessment and optimization
Management dashboards and key performance indicators for decision-making
Actuarial function support or outsourcing


Recent Assignments



Multi-state model in Health Insurance

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Dental Care Insurance Pricing Model

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Enhancement of projection models run-time

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Interest rate dependent modelling for lapses

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Improvement of the allocation

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Methodology for leak proof testing

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Development of a worker’s compensation model

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Actuarial function in health insurance

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Support for IFRS 17 Implementation

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Support for IFRS 17 Granularity & boundaries

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Income protection Insurance

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Training about market valuation methods

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Survey and training on the best practices on mortality

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Training about Deferred Taxes in Solvency II

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Training about IFRS 17 Entities eligible to PAA

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Training about Risk Neutral Valuation and Inflation

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Training about QIS 5


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Interested in knowing more about this Center of Excellence?

Contact Aurélie Miller, Head of Life, Health and Pension