QED has been providing actuarial services to life insurance companies across the African continent for over two decades. Regulatory requirements have become more onerous over the years as the market aims to instil consumer confidence in the strength and integrity of the life insurance market.

Xander Fauré
Associate Director

T  +27 11 038 3728
+27 82 872 8472

Svenja Poriazis
Associate Director

T  +27 11 038 3724
+27 82 268 3871

Tarryn Fahy
Senior Actuarial Manager

T  +27 11 038 3726
+27 82 337 2545

Heinrich Wessels
Associate Director

T  +27 11 038 3709
+27 83 501 0546

As actuarial consultants we offer a full suite of actuarial services to efficiently meet regulatory and reporting requirements in many jurisdictions for small to large enterprises.

We specialise in providing holistic actuarial advice aiding companies to grow and meet the needs of their customers. We endeavour to extract value from all exercises that we undertake for our clients.

We are able to provide a holistic actuarial service from the “must have” regulatory requirements through to other business enhancing services such as profitability analyses, experience investigations and assumption setting.

Head of Actuarial Function (HAF) and Appointed/Statutory Actuary services

QED is a fully independent actuarial consultancy and its contingent of experienced qualified actuaries are therefore ideally placed to fill the HAF and Appointed Actuary roles. We have a track record of providing independent sign-off for boards on all actuarial-related issues. Depending on our customer’s needs we can either perform a review or carry out the actuarial calculations using our in-house actuarial software, Basys.

Product Development and Profitability Analysis

QED has extensive experience in premium rating a variety of life insurance products across the African continent and is well placed to understand what works in the different countries in which we offer our services.  In developing a product, QED will work with management in determining the optimal product structure and pricing assumptions for the chosen target market and distribution channels ensuring competitively priced and actuarially sound products that meet policyholder needs.

Specialised Solutions

Through our intensive Research and Development programme QED has developed a range of life insurance specific tools and solutions adaptable to suit specific business needs. These include dynamic budgeting tools, stochastic asset liability models (ALM) & economic capital models (ECM), risk neutral models for valuing guarantees as well as capital and reinsurance optimisation solutions.

Market and Feasibility Studies & Life License Applications

Due to our long history and extensive knowledge of the different markets and regulatory requirements in and outside South Africa, QED has performed various market and feasibility studies for our clients to determine the viability of entering selected markets and selling various insurance products in those markets. QED works closely with Management in setting market entry strategies and pricing of proposed products during the approval of life license applications with the various regulators.

Other Services

We also provide other services such as peer reviews, M&A technical support, actuarial function reviews, assistance with strategic planning, embedded value and appraisal value calculations, asset-liability modelling, review and development of internal capital models.