Finance and Actuarial Transformation

The financial and actuarial functions are at the heart of insurance. Transformation across these areas is vital to ensure that insurers can manage the business and ensure that they are in line with the ever evolving regulatory and reporting requirements. Alpha provides significant expertise to our clients in the evolution of their finance function to empower their reporting, planning and steering capabilities through technology, strategy and operations transformation.

Key Challenges

We help our clients address a number of key challenges including how they:

  • Shape their target model from where they are today
  • Bring value to the performance of their actuarial functions whilst meeting regulatory requirements
  • Demonstrate finance data quality to their auditors, investors and regulators
  • Understand and comply with different regulations

 

Key Focus Areas

Finance data strategy and design

  • Finance data strategy definition and shaping of target core finance data operating model.

Performance improvement and cost optimisation

Finance and actuarial technology

  • Technological landscape gap analysis, design and implementation monitoring to modernise front-to-back architecture.
  • Find out more about our Technology capability.

Asset and Liabilities Management

  • Supporting actuarial teams in the set up and optimizing of their asset and liability matching capabilities.

Understanding and interpretation

  • Translation of regulatory standards and expectations into core models.

Outcomes & Benefits

Adaptable and robust finance and actuarial operating models.
Ability to respond to changing market dynamics.
Successful delivery of finance data quality initiatives.
Increased security around client’s regulatory agenda.

Meet Our Experts