Work scope 

  • Establishment of a profit/loss-based product strategy according to IFRS and CFP
  • Establishment of assumptions and discount rates to determine the product price
  • Establishment of an experience statistics system to determine the optimal assumption
  • Establishment of profit/loss analysis and a monitoring system of products sold
  • Establishment of a pricing theory and system based on the cash flow method
  • Support for the adoption of actuarial services solution KAS

 Execution method 

  • Support for the establishment of a profit/loss analysis system under CFP
  • Support for the establishment of an experience statistics system to determine the best assumption
  • Support for the establishment of a pricing theory and system based on the cash flow method
  • Support for establishing interdepartmental R&R related to determination of best assumptions
  • Support for the establishment of an assumption management system