A trusted adviser to the insurance sector
Actuarial Services for Life Insurers
Actuarial Services
When it comes to addressing actuarial issues, you can’t afford to take any chances. Our range of services covers all the major areas, from financial modelling to strategic reviews, and offers the experience and reassurance you’re looking for.
We always have your best interests at heart and we’re geared towards helping you reach your goal, whatever that may be. Of course, you’ll always know our actuarial work is subject to the latest quality control standards and offered at cost-effective rates. Broadstone offers a fully managed actuarial consultancy service to provide you with the all-round support you need to get the job done – efficiently, reliably and responsibly. At the heart of our business is a team of highly qualified and experienced professionals who have worked in some of the most challenging situations.
Broadstone is accredited for its professional services under the Quality Assurance Scheme (QAS) from the Institute and Faculty of Actuaries (IFoA).
Insurance consulting services you can trust
Chief Actuary and With-profit Actuary Roles
Our team can provide your firm with an Actuarial Function Holder, Appropriate Actuary or Reviewing Actuary service; individuals to carry out the role of With-profit Actuary for firms transacting with-profits business; or senior qualified actuaries to take on the role of Chief Actuary.
Product Design and Pricing
We know just how demanding it can be to bring a new product to market – we can help you with the actuarial pricing, design and marketing literature for new products. Our team has experience in designing specialist niche products, and implementation of new product designs into existing financial models.
Skilled Persons' Reports
Our skilled team can help by acting as independent experts in transfers of engagements, and carrying out investigations and producing Skilled Person reports as required by Section 166 of FSMA.
Reserving and Capital Management
Our experts have the management background to help you with all aspects of reserving and capital management, including advice, calculation or review of estate; risk identification, adequacy and suitability of reinsurance provisions; and regulatory impact on financial structures and governance framework.
Strategic Reviews
Every business needs to think about its objectives and how best to achieve them. We can offer realistic, practical solutions and support to make them happen. Our professionals can help define strategic goals and how they can be met, and conduct due diligence on your new ventures.
Bulk Annuity Services
Our insurance experts can provide pricing and modelling support including producing cashflows on an outsourced basis to manage transaction volume.
“At Broadstone, our life insurance consulting team is dedicated to delivering high-quality, client-focused actuarial solutions across the insurance sector. Our team supports insurers of all sizes with a wide range of services that span outsourced Chief Actuary and With-Profits Actuary roles, regulatory reporting, audit work, risk management, capital modelling, product development and strategic support.
We also work closely with health insurers and funeral plan providers, offering tailored solutions to meet their unique challenges and regulatory requirements. However, we don’t just deliver technical excellence – we build lasting partnerships. We pride ourselves on a team culture where excellence, approachability, and professionalism are not only expected but reflected in everything we do.”
Cara Spinks
Senior Actuarial Director (Head of Life & Health)
