We are a team of experienced actuarial consultants who help organisations across productions, processes and resourcing strategies to grow profitability and drive relevance. The types of organisations we serve include:
- Insurers
- Reinsurers
- Superannuation Funds
- Underwriting Agencies
- Other businesses seeking actuarial expertise.
Azuria Partners can assist life insurers with developing end to end delivery of the required analysis and the pricing report recommendations for all retail, large corporates or industry fund opportunities. Specifically our services include:
- Claims experience investigations
- Setting best estimate pricing
- Assumptions such as expenses, claims incidence and lapse rates
- Pricing of product upgrades
- Competitor benchmarking
- Reinsurance pricing reviews
- Documentation and internal approvals
- Implementation and User Acceptance Testing (UAT)
- Identifying risks in the pricing process, leading to more efficient evaluation process.
Azuria Partners strengthens financial resilience through reserve calculation, regulatory capital, actuarial modelling, AASB 17 expertise, ICAAP reporting, governance support, and process improvement, delivering robust and efficient financial management solutions.
- Calculation of reserves, including analysis of change
- Regulatory capital
- Actuarial modelling
- Supporting documentation and support to internal governance
- AASB17 expertise
- Analysis and reporting on ICAAP
- Process and model improvement.
Azuria Partners delivers independent assessments, offering expert reports, technical model assessments, subject matter input, and peer reviews of documentation, helping clients enhance quality, compliance, and decision-making confidence.
- Indepdendent expert reports
- Subject matter expertise input to bolster existing know-how
- Technical reviews of models
- Peer and technical review of documentation.
Azuria Partners specializes in delivering end-to-end modeling solutions, including the development, refinement, integration, and optimization of models across industries. Our expertise spans all platforms and frameworks, from widely used tools like Excel and R to proprietary actuarial softwares.
- Model development, refinement, integration, and upgrades
- Full lifecycle management (design, validation, implementation, maintenance)
- Customization for regulatory, risk, pricing, or forecasting needs
- Compatibility with all systems, including Excel, R, Prophet.
Azuria Partners offers a comprehensive Data Analytics service that empowers organizations to unlock the full potential of their data.
- Data strategy
- Data analytics
- Data process improvement
- Data analysis
- Data remediation.
Azuria Partners provides expert advice on insurance pricing, capital management, reinsurance solutions, and AASB 17 implementation to strengthen business strategies.
- Life Insurance Pricing Expertise (Group, Retail, Direct)
- Reinsurance Strategy and Optimisation
- AASB 17 Implementation and Advisory
- Regulatory Capital Planning and Management