Insurance Consulting – Alpha FMC
Toggle Mobile Menu

Enterprise Performance Management Solutions

Transform your insurance operations with next-generation planning, analysis, and reporting capabilities. Alpha's EPM practice helps insurers navigate complex financial processes while ensuring regulatory compliance and operational efficiency.

Key Challenges

Insurance companies face increasing complexity in financial planning and analysis:

  • Limited visibility into financial health with disconnected reporting across divisions
  • Heavy reliance on spreadsheets leading to time-consuming, error-prone planning processes
  • Decision-making challenges due to incomplete information and inability to run scenarios quickly
  • Data inconsistencies and fragmentation affecting audit and compliance capabilities
  • Slow production of management reports due to manual processes

Financial Planning & Analysis

  • Comprehensive solutions for medium/long-term planning, annual budgeting, and infra-annual forecasting with integrated dashboards for ongoing performance monitoring.

Multi-GAAP Reconciliation

  • Dynamic reconciliation capabilities across different accounting standards, automating adjustments between local and international GAAPs.

Profitability: Cost Allocations & Analytics

  • Advanced modelling and scenario planning for efficient cost distribution across products, channels, and regions.

Regulatory Compliance

  • Flexible solutions adapting to evolving requirements including Solvency II, IFRS 17, and ESG reporting.

Outcomes & Benefits

Enhanced decision-making through real-time insights and comprehensive analytics capabilities
Reduced cost of ownership with cloud-based platforms and seamless integrations
Improved operational efficiency through automated processes and reduced manual effort
Strengthened data governance with complete audit trails and drill-through capabilities
Creation of a single source of truth connecting people, plans, and data throughout the organization

Insurance Use Cases

Legal Entity P&L Planning

Comprehensive planning and analysis across legal entities, encompassing financial close and consolidation processes, along with integrated financials that account for risk-based capital considerations

Premium & Claims Management

Seamless integrated planning for premiums, claims and losses, loss reserves, and renewal management, enhanced with robust scenario analysis capabilities

Cost Center & Operational Planning

Comprehensive headcount and compensation planning integrated with driver-based operational and non-compensation expense forecasting, along with detailed tracking of spend by vendor, project, or IT initiatives

Investment Management & Profitability

Strategically plan asset allocations, capital pacing, and deployment to gain valuable insights into line-of-business profitability and overall investment performance

Reinsurance Planning

Forecast and model both proportional and non-proportional treaties, as well as captive entities, to assess and analyze the overall profitability of underlying insurance contracts and policies

Our Experts

Michelle Sutherland

Senior Partner

Experienced in helping businesses transform their processes through technology selection, design and implementation for more efficient and informed decision making.

Michelle’s role oversees the project delivery and implementation of technology projects, to help solve client data modeling challenges, including workforce planning, budgeting, scenario modeling, forecasting and reporting.

Michelle brings deep and relevant experience to the role, having worked internationally in consulting, FP&A and operations management roles for management and software consultancies.

Michelle is based in London.

Axel Henry

Partner

Senior Anaplan solution specialist with a focus on the private equity, insurance and real estate industries. Passionate about delivering excellent outcomes and client satisfaction.

Axel has extensive experience designing and implementing Anaplan solutions for complex, multi-jurisdictional investment models for operations, finance, asset and fund management.
In his role at Alpha Alternatives Axel works with clients to address common private equity challenges, such as fund outcomes forecasting, portfolio modelling, carry waterfall calculation, IRR and performance reporting, and carry/co-invest allocation modeling.

Prior to joining Alpha Alternatives, Axel was a supply chain manager at a French luxury fashion house.

Axel is based in London.

Steve Blemker

Partner

Steve Blemker is a Certified Solution Architect and project lead for Enterprise Performance Management solutions. He specializes in delivering complex connected planning processes for Finance Transformation, with a focus on advanced modeling and data integration across the Financial Services and Insurance industries.

Steve is a cross-functional Certified Solution Architect with extensive expertise in Enterprise Performance Management. With over five years of experience in building and implementing Anaplan solutions and more than 10 years in Financial Services, he has a proven track record of leading complex projects in FP&A, revenue planning, and statistical forecasting. Prior to Lionpoint, Steve held key roles at Twelve Consulting, Guggenheim Partners, and Vuela Inc., where he honed his skills in predictive analytics, system integration, and workforce planning.

Steve is based in North America.

Ryan DuBiel

Senior Partner

Trusted advisor focused on driving transformational business outcomes and insights enabled by Enterprise Performance Management solutions tailored for the Alternatives industry.

Ryan and his team leverage their experiences in both industry and consulting to drive thought leadership, solutioning, and transformational delivery of Enterprise Performance Management solutions.

Ryan’s specific areas of focus include finance transformation, sales performance / incentive compensation management, enterprise data strategy & governance, and Center of Excellence management.

Prior to joining Alpha Alternatives, Ryan’s previous roles included global service delivery and sales roles as well as time spent in industry in Corporate Finance, Controller’s, and IT Strategy functions.

Ryan is based in North America.