Tuesday, July 9, 2013

Actuarial Service Offering from Aria - KAP PrimeACT Services.



Aria Global Technologies (www.ariabpo.com), a Fremont, CA based BPO firm has partnered with KAP PrimeACT services to offer cost effective and quality Actuarial services to companies across North America.

KAP (www.ka-pandit.com) established in 1943, is one of the largest and renowned actuarial firms, based out of India. KAP has been offering  a wide array of  services to companies in Asia and Middle Eastern Region for over 20 years. KAP brings its strong industry knowledge and unique process skills to help enterprises meet these challenges. Our experienced specialists engage in collaborative work with clients to provide actuarial solutions along with services around capital market research, risk analysis and operational analytics. We are also focused on incorporating the increasing demand for risk analytics to provide stochastic in place of deterministic analysis of complex economic\business scenarios. Our enterprise view enables us to offer a flexible model that supplements existing staff or the complete outsourcing of targeted tasks through robust project management.

Actuarial service offering from Aria-KAP includes providing back office support in following segments:

LIFE INSURANCE SEGMENT
HEALTH INSURANCE SEGMENT
PENSIONS SEGMENT
ENTERPRISE RISK SERVICES
PROPERTY AND CASUALTY INSURANCE SEGMENT





Profit Testing to lead to Pricing Decisions
Product Designing
Transfer Pricing
Risk Assessment  and Analysis
Underwriting Solutions
Review of Experience based on Statistical analysis of mortality rates, withdrawal rates, expense loading, investment returns
Rate Making Through Actuarial Modeling
Determination of Quotes – Benefits Illustrations
Governance Issues
Rate Making and Pricing Solutions
Principal Based Reserves Calculations
Health Insurance Exchange Services
Pension Administration
Regulatory Risk Controls Compliance Management
Claims Management
VM  20 Compliance Support
Contract Negotiations Support
Corporate Pension Servicing
Security, Privacy Assurance Management
Predictive Modeling and Analytics
Risk Based Capital Determination
Long Term Care Consulting
Retrials / Retirement Calculations
Hazard, Financial & Operational Risk Management
Calculation of Reserves
Embedded Value Calculations
Retiree medical benefits
Review and Improvising Assumptions for Salary Scale Escalation Rate and Discount Rate

Support for Regulatory Compliances
Support for Reinsurance Negotiations

Financial Institution / Corporate Services

Transfer Pricing

For more details contact Aria Global at 510-579-8565 or email at Sameer.Sheth@AriaBPO.com. 

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