Actuarial Consulting

We have a growing solid team of highly qualified actuaries operating in South Africa servicing our worldwide clients. Our actuaries are supported by a team of qualified risk analysts and we are geared to provide pension and other benefit plan valuations as well as complex insurance products and risks. Our consulting services invest in the development of state-of-the-art analytics tools to enhance our valuations.

Our major focus is on Life insurance, General Insurance, Employee benefits and Healthcare. Through our Insurance Actuarial Consulting – we thrive to assist our clients improve their business performance by focusing on risk management, finance and capital structuring.

Short Term Insurance
- Product Development
- Asset Liability Modelling
- Valuation of technical provisions
- Reinsurance analysis and optimization
- Reinsurance contract performance analysis
- Pricing strategies and rating structures for personal and commercial lines products

Enterprise Risk Management
- Own Risk and Solvency Assessments
- Financial Risks Assessments
- Risk Management Frameworks

Analytics
- Technical audits
- Portfolio analysis
- Profitability analytics
- Ad hoc statistical analysis
- Catastrophe modelling and risk zoning

Life, Health and Pensions
- Product Development
- Pension fund valuations
- Retirement benefits projections
- Actuarial opinion on soundness of pension funds

Our Capabilities

MakCat

MakCat® (Maksure Risk Solutions proprietary catastrophe model) is an advanced analytics tool developed specifically for Southern Africa. The tool scientifically assist our clients to manage challenges aligned to underwriting, pricing, reserving and catastrophe risk management. MakCat® will be developed to cover the entire Sub Saharan Africa by 2030.

Business Intelligence Centre

Maksure’s Business Intelligence centre researches and develops the latest thought leadership materials from the major markets we serve. From our 4 main library locations in London, South Africa, Bermuda and India, our team of researchers and thought leaders tirelessly sculpt for global, regional and local news and trends. The deep understanding of market dynamics we gain through research keeps us ahead of competition and enables us to advise our clients on key issues that influence market direction and strategic decisions.

Maksure Academy

Our Academy Course Programme provides learning opportunities for our clients and partners on a range of product specific and management modules, allowing them to develop product, technical and market knowledge. Modules are delivered through a combination of formal presentation, active participation in case studies and group discussions in a workshop environment.

These courses are available free of charge, but on an invitation only basis. We endeavour to create an effective learning environment for all delegates that enables the tutor to deliver training at the level appropriate to you.

Subjects include:

Introduction to Reinsurance
Advanced Reinsurance Training
Technical Accounting
Introduction to Insurance
Underwriting Principles
Motor (Commercial and Personal)
Engineering
Business Interruption
Political Violence
Cyber Liability
Commercial Vehicle

Actuarial Consulting