Helping you meet changing priorities with flexible actuarial resource
With so much constant change in the insurance and pensions industry, from evolving regulatory and accounting standards to global events which impact businesses and customers, it can be hard to keep up with developments whilst protecting your company’s interests.
We ensure you can respond in an agile, cost-effective way to the challenging economic climate - and remain compliant with the latest reporting requirements - by providing highly skilled, experienced actuaries to enhance your resilience and boost your delivery capacity.
Our large, dedicated FCA-regulated team of over 90 actuarial specialists is already working collaboratively with major insurance and pensions providers - across the UK, helping them to react quickly to fluctuations in demand.
Whether you need additional short-, medium- or long-term actuarial resources, or require an ongoing outsourced service, you can rely on our extensive industry and actuarial expertise across a range of clients, systems, activities and products, to ensure you have the support you need, when you need it.
Policies migrated in transformation programmes
Residual monthly pay system discrepancy resolved for a health client
Reduction in complex policy referrals to the actuarial team by introducing automation for front/back office staff
How we help
Flexible resource for when you need it
A range of cost-effective actuarial services
The latest technologies to deliver efficiency and insight
Outsourcing and modelling-as-a-service options
Actuarial project delivery
Robust, flexible and compliant corporate reporting services
Managing future reporting resource requirements and expenses can be challenging for smaller life insurance companies and books in run-off.
Our flexible outsourcing services give you access to our highly skilled and experienced actuarial and financial reporting specialists who take ongoing responsibility for the production and analysis of your financial results, produced under a robust control and governance framework.
Allowing you to focus on interpretation and decision-making, this supports you through peaks and troughs, helping you to control future costs and remove key person dependencies. Working collaboratively and adapting to your needs, our experts can support you with:
- all aspects of SII reporting, including capital requirements, QRTs, SFCR and analysis of change
- IFRS reporting
- embedded value (EV) reporting
- experience investigations and basis setting
- development and maintenance of actuarial models
- regulatory changes
“We have worked with the team at Capita for many years and have always found their service to be extremely professional, flexible and helpful. We see this arrangement as much more than just the outsource of actuarial processes and the Capita team are essentially an extension of our own team.”
Capita client, 2021