Actuarial Consulting & Contractor Resources

Clarity Actuarial

Clarity Actuarial is an actuarial consulting business. It is owned and run by George Andrew a Fellow of the Institute & Faculty of Actuaries.

It provides consulting services and interim resource on a contract basis to financial services companies in the UK and overseas.

Clarity Actuarial prides itself on its proactive approach, finding solutions to complex problems and communicating these solutions clearly. 

Services

• interim actuarial resource for capital management, financial reporting, actuarial change and strategic change projects

• advice to insurers on capital optimisation opportunities

• assessment of impact of regulatory change on financial services companies eg. Solvency II, Brexit, IFRS17

• project management / leadership on strategic change and technical projects

Recent Projects

• Standard Formula methodology development to support Part VII transfer for major European insurer

• Identification and assessment of a range of capital opportunities for UK and European insurers (in light of Solvency II, Brexit and other regulatory change)

• Solvency II internal model approval (IMAP) for a top 5 UK life and general insurer – methodology development, Use Test compliance, oversight

• Documentation of Own Risk and Solvency Assessments (ORSAs) for 4 UK insurers

• Changing the way unit-linked life and pensions business is managed for 2 UK insurers to optimise capital efficiency of their portfolios

• Analyse capital impacts of options for reorganisation of insurance entities for major bancassurer to meet new ‘ring-fenced bank’ rules