2020 CCAR Resubmission
To ensure that the level of reserves is consistent with liabilities, Sia Partners brings its independent expert view on the methodological choices, assumptions and tools used. We also perform “mirror computations” with proprietary tools allowing us to challenge reserved amounts.
People living longer, the lowering of the retirement age, and structural changes in the current society encourage us to rethink and adapt the traditional methods of risk assessment in Protection and Health.
Sia Partners supports its clients at all stages of the evaluation of liabilities, taking into account forward-looking elements likely to distort the evolution of risk.
Our team also develops functional tools, structured by module, to allow varied actuarial work while meeting constraints of the speed of execution, flexibility, and security.
Our data analysis tool allows us to systematically identify errors and the required corrections to provide good data quality.
Our data analysis tool allows to systematically identify errors and the required corrections to provide a good data quality.
Simple and visual configuration of key calculation hypotheses, which allows them to be adapted to your systems.
Our actuarial calculation tool is robust and reliable. The provisions calculated can be analyzed visually. Gap analysis modules can also complement the auditability of provisions by performing back-testing.
Additional modules from claims’ reserves and table deformation with a wide range of hypotheses and methods have also been developed.