Actuarial works in the insurance industry

• Development of actuarial assumptions and risk rates
• Calculation of premium rates and cash surrender values
• Calculation of policy reserves and other reserves
• Determination of reinsurance retention and reinsurance premium rates
• Allocation of surplus and determination of policyholder dividends
• Solvency position of insurance companies
• Advice on insurance business to enhance the financial soundness in the area of business planning, sales and marketing, and investment
• Details regarding actuarial calculation for insurance contract modification
• Other actuarial related matters

Actuarial works in the pension industry

• Development of actuarial assumptions
• Design of pension scheme
• Valuation of pension funds
• Review of the soundness of pension scheme
• Taxation and accounting for pension scheme
• Other statistical analysis

Insurance management and Actuary

Regulators and Actuary