ACTUARIAL ADVISORY

Health Insurance (HealthCare)

 

UNITED ACTUARIES & CONSULTANTS is experienced and provides actuarial advice and general consulting services to healthcare institutions, corporate clients and medical schemes.
Drawing from a strong actuarial understanding of the funding principles behind medical schemes, UNITED Actuaries & Consultants has assisted medical schemes and corporates alike, to create affordable and workable health care solutions.

INTELLIGENT INSIGHTS FOR IMPROVED HEALTHCARE
In a world of ever-changing regulations and ever-rising costs, UNITED ACTUARIES & CONSULTANTS services help you manage risk and deliver value. Combining breakthrough in technology and decades of expertise, we’re your partner for transformational solutions to healthcare’s biggest challenges. 

WHAT WE OFFER

In a world of ever-changing regulations and ever-rising costs, UNITED ACTUARIES & CONSULTANTS services help you manage risk and deliver value. Combining breakthrough in technology and decades of expertise, we’re your partner for transformational solutions to healthcare’s biggest challenges. 

Become more competitive and manage risk with our end-to-end pricing and plan design services. We bring comprehensive industry data and insight—plus proven, proprietary models based on the latest techniques—to help you accurately price new and innovative products.
Making the decision to enter a new market, launch a new product, or change benefits can be full of uncertainty. Companies today are concerned they don’t have all the facts or may wonder about the unexpected financial consequences of a decision.
Everyday insurers, health plans, and employer groups call on UNITED ACTUARIES & CONSULTANTS to help develop new products and bring them to market. From initial plan design and feasibility studies through completing necessary regulatory filings, our knowledge, experience, and tools give us superior resources to handle the task.
UNITED ACTUARIES & CONSULTANTS has extensive databases that enable us to price new or unusual products and estimate the cost impact of mandated benefits and limitations. Our professionals draw from diverse backgrounds throughout the healthcare industry to bring you expertise second to none. 
We have decades of pricing and product development experience, supported by healthcare data, research, and proprietary tools. Our clients rely on our conclusions and recommendations to create profitable and competitive products. 

The dynamic regulatory environment makes reserving and reporting more complex than ever. From standards-based reporting to stochastic modeling, we help you go beyond the basics to genuinely reduce your risk and increase your agility

Make better decisions with data. Based on company and industry claims experience, our advanced analytics reveal how to adjust pricing, utilization, and other characteristics to ensure profitability while preserving benefits.
Compliance doesn’t have to be a chore. Our complete regulatory services include government filings and actuarial opinions so you can focus on what differentiates your business—and have peace of mind. Services include premium rate filings, annual actuarial statements of opinion, small group certifications, among others

Financial Condition Reporting is an assessment that determines the financial soundness of an insurance company. The assessment covers the General Overview of the Business, the Company’s Risk Profile, Current Solvency Assessment, Forward-Looking Solvency
Assessment, Stress, and Scenario Testing, Capital & Strategy Management, Risk Mitigation, Value of New Business and Premium Adequacy, Analysis of Surplus, Asset Liability Management, and Assurances among others.

Our sophisticated asset/liability management solutions help you match asset allocation with expected future liabilities under capital guarantee constraints. Our analysis is tailored to your circumstances, resulting in practical, actionable information and efficient systems. 
By emphasizing high-frequency capital calculations, we deliver realistic risk assessments.

Actuarial Function provides assurance to the board of directors and senior management on the adequacy of the calculation of technical provisions, the capital requirements, and other actuarial matters. This role requires advice to the insurer on a broader range of topics
like current and future financial soundness, investment policy, and actuarial soundness of products as well as product development and design.
UNITED Actuaries & Consultants is a fully independent actuarial and management consulting firm. We have an extensive number of experienced qualified actuaries and are therefore placed to fill the Head of Actuarial Function and Appointed Actuary roles. We have a track record of performing this role for many clients and can strike the balance between ensuring compliance and adding value through assisting the board on all actuarial-related issues.

Our sophisticated asset/liability management solutions help you match asset allocation with expected future liabilities under capital guarantee constraints. Our analysis is tailored to your circumstances, resulting in practical, actionable information and efficient systems.
By emphasizing high-frequency capital calculations, we deliver realistic risk assessments.

In the rapidly changing arena of capital management, we offer objective insight. As insurers develop new products with complex risks, we help measure and manage related capital and reserve levels, with expertise in these frameworks.

We can help you implement economic capital models aligned with business strategies, with realistic assessments for today and tomorrow. You can rely on our strong track record of tailoring internal capital models to satisfy specific needs. As economic capital methodologies continue to evolve, with UNITED Actuaries & Consultants, you know you’ll have sound best practices on your side.

UNITED Actuaries & Consultants have a tremendous breadth of experience in different markets and regulatory requirements in the region.

We have performed various market and feasibility studies for our clients to determine the viability of entering selected markets and selling various insurance products in those markets. 

UNITED Actuaries & Consultants works closely with Management in setting market entry strategies and pricing of proposed products during the approval of insurance license applications with the various regulators. 

Actuarial Audit/Independent Peer Review

CONTACT US

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