Actuarial services

Independent actuarial valuations for employee benefits, insurance liabilities and risk models.

We provide actuarial valuations and reviews that finance teams, insurers and auditors can rely on, from end-of-service benefit obligations to insurance contract liabilities under IFRS 17.

Employers with end-of-service or pension obligations, insurers and takaful operators, and lenders building risk models.

• Employee benefit valuations under IAS 19, including UAE end-of-service gratuity
• Pension and other post-employment benefit valuations
• IFRS 17 measurement support for insurers and takaful operators
• Insurance reserving and liability adequacy reviews
• Actuarial input to credit risk and expected credit loss models
• Pricing and experience studies

Do UAE companies need an actuarial valuation for end-of-service benefits?

Companies reporting under IFRS measure end-of-service gratuity as a defined benefit obligation under IAS 19. Where the obligation is material, auditors usually expect a projected unit credit valuation with documented assumptions for salary growth, staff turnover and the discount rate.

What do you need from us for an employee benefit valuation?

A staff list with dates of birth and joining, current salaries and benefit terms, plus data on past leavers so turnover assumptions reflect your own experience.