What we do
We facilitate in identifying and measuring the risks faced by corporations and individuals and providing solutions and strategies to manage and mitigate those risks. Our core business includes actuarial valuation of End of Service Benefit Schemes consistent with the requirements of IAS 19. We provide appointed actuary services to life and general insurance and takaful companies. We also provide our valuable services on employees share option schemes. We also assist our clients in implementation of IFRS 9 and 15, with specific focus on developing a robust actuarial model for estimation of Expected Credit Losses.
Actuaries apply financial and statistical theories to solve real business problems. These business problems typically involve analysing future financial events, especially when the amount of a future payment, or the timing of when it is paid, is uncertain. A lot of actuaries’ work might be thought of as ‘risk management’, assessing how likely an event may be and the costs associated with it. The traditional areas in which actuaries operate are: consultancy, life and general insurance, pensions, and investment. Actuaries are also increasingly moving into other fields, where their analytical skills can be employed.
Integrity and professionalism has earned us respect and name in Kingdom of Saudi Arabia as one of the leading locally registered actuarial consulting firm. We believe in superior customer service which our employees have practiced over the entire history of the firm. Providing services up to the client’s satisfaction is the key to our success. Maintaining our professional values, we aim to engage with foreign clients and explore Asian market along with providing the excellence of service to local clients. We are determined to hire and polish young talented students to add assets in the small actuarial community of KSA.