We provide our P&C clients with expertise on a range of crucial issues and actuarial processes including reserving, audit support, financial reporting, and product development.
Appointed Actuarial Support
Our fully qualified actuaries opine on the accuracy of short-term reserves and other regulated balances, under US, Canadian and IFRS law
Audit support
Subject to compliance with local regulations and internal policies, our actuaries support our clients during audit season, including assisting with single cell re-calculations, reasonableness assessments and drafting audit memo's.
Financial Reporting (e.g. IFRS17)
We provide expert advice to our clients to enable them to meet their financial reporting needs under LDTI, IFRS17 and other relevant accounting frameworks
Forensic Litigation and Actuarial Litigation Support
We provide expert witness support to our clients' litigation needs at local, state and federal level. This includes calculating economic damages arising from wrongful death or personal injury, report writing, and briefing attorneys on actuarial industry practice and standards.
Model Validation and Governance
We perform end-to-end validation procedures on actuarial models in respect of model comprehensiveness, accuracy, performance, methodology and fitness for purpose.
Model Conversions and Transformations
We help clients convert their actuarial models from legacy software systems to the desired end state, with a focus on technical actuarial precision.
Model Development and Production Support
We help clients develop, review, and run their actuarial models, paying close attention to their unique needs and intended modeling strategy.
Ratemaking and Rate Filing Support
We help our clients determine premium rates for property casualty business, taking into consideration marketing goals, profit targets, competition and legal restrictions .
Reinsurance & Risk Transfer Instruments
We assist clients in obtaining and managing an optimal reinsurance strategy, while showcasing a comprehensive array of potential risk transfer instruments to reduce risk
Reserving Support
We help clients calculate property casualty reserves, such as IBNR, OCR, unearned premium reserves, and voluntary reserves.
Property Casualty Software Systems
We help clients manage all aspects of their actuarial software systems, covering Arius, ResQ, SQL, Python, R, SAS, and VBA. Our actuarial professionals are experts at utilizing these software systems for pricing, valuation, risk management and capital management decisions.
"Excellent service and stronger candidates than we’d get from a traditional staffing company, and at lower rates. I’ve brought over a dozen Graeme Group actuaries onto my teams' projects and have only heard positive things about them from my directors and managers. My go-to staffing resource."
FSA, Partner at leading accounting and professional services firm