Actuary and Risk Management

We help insurance companies and pension funds with risk management advice, reporting and compliance services. We draw on our competence and experience to help our clients see, understand, and secure the future.

As Norway’s largest and most competent independent actuarial environment, we are concerned with finding the best solutions for our customers. Being the responsible actuary for more than 50 pension funds, both in the private and public sector, we carry out all types of actuarial calculations and analyses. We deliver risk management and assist with compliance with regulations, including the Solvency II / IORP II regulations.

SERVICES

What we do

Actuarial function and actuarial services

When companies or pension funds seek good pension solutions, we can help finding the best solutions for our customers. As Norway's largest and most competent independent actuarial environment, our actuaries are responsible actuaries for more than 50 pension funds, both in the private and public sectors. We also take care of the actuarial function in accordance with Solvency II for captives and insurance companies. We perform all types of actuarial calculations and analysis. This includes change processes, Solvency II / IORP II, reinsurance requirements or compensation calculations.

Advice

We perform key functions in accordance with the Solvency II/IORP II rules; risk management and compliance. We also provide calculations of solvency capital requirements, assistance with the ORSA/ORA process, and governance documentation.

Statutory reporting

We help non-life insurance companies with Solvency II reporting (QRT and SFCR). We deliver solvency margin reports and EIOPA reports for pension funds. We also help with reporting to the FORT system for insurance companies and the PORT system for pension funds, as well as with stress testing.

Reporting to boards and management

We help our clients with inspection reports, risk reports, and return reports for the board and the management.

Compliance services

We offer tailormade solutions to our customers, including fully outsourced compliance function, risk assessments, compliance controls and updating of governing documents. We also offer interim solutions, e.g. in connection with sick or parental leave.