| Many organizations are discovering that actuarial skills can be deployed to improve business decision-making in a wide range of situations. Providing high quality actuarial process outsourcing through a cost effective delivery model allows risk-taking organizations to redeploy valuable actuarial resources to those strategic tasks that increase corporate value. In a world with ever increasing focus on risk management and rapidly changing product focus, actuarial talent is a premium resource, best directed to activities producing a commensurate return on those costs. |
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| Outsourcing of routine actuarial processes allows end-users to manage the seasonal variations in work flows in a better way and optimize their existing actuarial staffing. Additionally, this service delivery model can reduce the operational costs of performing these routine but necessary actuarial processes by 40-50%. |
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| Our latest Actuarial Process Outsourcing Services: |
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| Caliber Point now partners with ReAct Consulting International, Inc., to provide actuarial process outsourcing services. |
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| ReAct, a US-based company, provides consulting services in all facets of life, accident and health actuarial and underwriting, both in the US and internationally. This alliance is designed to provide high quality actuarial and data management services utilizing a cost efficient delivery model, enabling customers to more effectively deploy their valuable resources to those activities, which differentiate their company and create additional corporate value. |
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| Caliber Point will provide the service delivery model, utilizing their well-tested expertise in business process outsourcing with a strong focus on quality, process and governance. This new service offering will take advantage of Caliber Point’s existing infrastructure and will provide you access to a large and growing pool of actuarial talent. |
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| Our Actuarial services include: |
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- Reserving and Valuation
- Experience Monitoring and Analysis
- Pricing
- Model Development and Maintenance
- Financial Reporting
- Data Management
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| Caliber Point has experience in actuarial and statistical methods and is well-versed in the use of multiple software platforms. This will be augmented by professional actuarial review and subject matter expertise of the principals of ReAct, who have years of experience in this space. |
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| Why Caliber Point? |
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- Integrated IT-BPO offering - Experienced with Multiple Software Platforms
- Large pool of qualified and trained actuarial professionals with deep understanding of healthcare and insurance market
- Operational excellence through Six Sigma and lean techniques
- Resources with experience in designing and establishing outsourcing center for healthcare and insurance
- Experienced in Actuarial and Statistical methods
- Alliances with Society of Actuaries and leading technical schools in the country
- Actuarial Statutory Reporting
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