Numerica

Assumptions series #2: Understanding the impact of actuarial assumptions on employee benefit plans We've often been approached by clients looking to grasp how actuarial assumptions affect various employee benefit plans, such as gratuity, leave encashment and many more. To address this, we've consolidated the impact of all the major actuarial assumptions into a comprehensive article. We invite you to read it and deepen your understanding. If you have any questions or need assistance on this topic, don’t hesitate to reach out at [email protected] or call us at +91 8047093157. We’re here to help! Link - https://lnkd.in/gZH6dD8V #actuarialassumptions #actuarialvaluation #employeebenefits #gratuity #leaveencashment

Assumptions Series #1: Setting Actuarial Assumptions We've frequently been asked by our clients about the best practices for setting actuarial assumptions, particularly regarding salary increase and attrition rate. In our latest article, we break down the approach you should take when establishing these key assumptions. Salary increase - https://lnkd.in/dS6yW3hc Attrition rate - https://lnkd.in/d6TraGnx If you need any help around the above topic, please feel free to reach out to us at [email protected] or call us at +91 8047093157. We'll be more than happy to assist you. #actuarialassumptions #salaryincrease #attritionrate #actuarialvaluation #employeebenefits

Our next post is on "Introduction to IFRS17 for Actuaries and Insurance professionals". https://lnkd.in/gSP-sVMj The post will give you a brief summary of IFRS17 and if you need any help around the topic, please feel free to reach out to us at [email protected] or call us at +91 8047093157. We'll be more than happy to assist you. #IFRS17#valuation

Here's a post to help actuaries make a start developing high-quality tools in Python. #PythonForActuaries #TechForActuaries

Here comes our next blog on applicability of actuarial valuation on leave schemes: https://lnkd.in/ghnHxuDD If you need any help around the topic, please feel free to reach out to us at [email protected] or call us at +91 8047093157. We'll be more than happy to assist you. #employeebenefits #actuarialscience #actuarialconsulting #leavevaluation

Ever wondered about the applicability of actuarial valuation on gratuity scheme? Follow the below mentioned blog to gain insights and clarity on this crucial aspect: https://lnkd.in/g-RePeSQ If you need any help around the topic, please feel free to reach out to us at [email protected] or call us at +91 8047093157. We'll be more than happy to assist you. #employeebenefits #actuarialscience #actuarialconsulting #gratuity #gratuityvaluation

🔍 Curious about actuarial valuation for employee benefits and its intricacies? Ever wondered what is an actuarial valuation? Confused about terms like service cost, interest cost, actuarial gain/loss? Or perhaps you're curious about IndAS19 and AS15 accounting standard? If you're struggling with the basics, fear not! We've released a comprehensive publication covering all these aspects and more. Whether you're new to the field or looking to deepen your understanding, this resource is for you. Dive into the world of actuarial valuation for employee benefits with our latest publication: https://lnkd.in/dN4f7s2N If you need any help around the topic, please feel free to reach out to us at [email protected]. We'll be more than happy to assist you. #actuarialvaluation #IndAS19 #AS15

Welcome to Numerica Consulting's official LinkedIn page! With nearly a decade of experience, we are dedicated to provide top-notch consulting services in the following areas: 1. Employee benefits 2. Insurance consulting 3. Analytics and Data science 4. IFRS valuation For a deeper understanding of our services and insights, visit our website: https://lnkd.in/gku6PP6W Don't miss out on regular updates on above topics – hit that follow button and join us on this exciting journey! #employeebenefits #actuarialscience #actuarialconsulting