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Services

Employee Benefits

Both Mandatory and supplementary employee benefits provided by employers often will involve long term benefit costs (over and above the salary paid). To meet accounting requirements, and to avoid surprises later, actuaries will support in placing an estimate of the long terms costs of employee benefit programs. e.g. IAS19 or similar local accounting or funding regulations.

KAP helps in valuing and providing financial insight, governance and administration, design and structure along with communication to various stakeholders for benefits.

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gratuity_endofservicebenefit

Gratuity /
End of service benefit

compensated_absences

Compensated Absences

pentions

Pensions

post-retirement_medical_benefits

Post-Retirement Medical
Benefits

long_service_benefits

Long Service Benefits

employee_stock_option_plan

Employee Stock Option Plan
(ESOP)

deferred_compensation_plans

Deferred Compensation
Plans

exempted_provident_fund

Exempted Provident Fund

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Insurance

Insurance business is complex. There are extensive regulatory and governance requirements in most countries. KAP provides solutions that ensure actuarial and solvency related compliances, but also services that will assist insurers that they are able to manage their business better.

statutory_reserving_and_reporting

Statutory Reserving and
Reporting

product_design_and_pricing

Product Design and
Pricing

asset_liability_modelling

Asset Liability
Modelling

embedded_value_valuations

Embedded Value
valuations

liability_adequacy_testing

Liability Adequacy
Testing

mergers_and_acquisitions

Mergers and
Acquisitions

profit_committees

With Profit
Committees

financial_condition_reporting

Financial Condition
Reporting

solvency_monitoring

Solvency
Monitoring

management_briefings

Management
Briefings

peer_reviews

Peer Reviews

model_and_process_reviews

Model and Process
Reviews

training_and_implementation_support

IFRS 17 - Training and
Implementation Support

training_and_implementation_support

IFRS 17 - Training and
Implementation Support

Corporate Solutions

We have utilised our risk, data and actuarial skills to apply some of the traditional techniques to support corporates with better decision making and analytics for their business. Some examples are given below. If you have a qualitative question to a business issue, let us try support you to quantify it for you in a simple and understandable manner.

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enterprice-risk_management_solutions

Enterprise Risk Management
Solutions

business_analytics

Business Analytics

warranty_pricing_and_valuation

Warranty Pricing and
Valuation

risk_exposure_and_insurance_coverage_analysis

Risk exposure and insurance
coverage analysis

security_deposit_refund_valuations

Security Deposit Refund
Valuations

loyalty_program_valuations

Loyalty program valuations
e.g credit cards/petro points

credit_guarantee_liability_estimations

Credit Guarantee Liability Estimations on Loans
and Financial Guarantee Valuations.

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K. A. Pandit as a trademark and reference refers to legal entities of the Partners including, but not limited to, K. A. Pandit Consultants and Actuaries & K. A. Pandit & Actuarial Associates LLP.