For Clients
Afrishore Quant provides a bespoke offshoring solution that works with insurers to augment actuarial functions with motivated, high-performing analysts, or to outsource elements of the actuarial function to experienced, quality-focused teams.
The Problem We Solve
International insurers face structural pressures that weigh on every actuarial team. Afrishore Quant is built to address all four.
Competition for talent and employment-related costs, including payroll taxes, pension contributions and office space, create significant operational overheads that compound year on year.
Insurers face peaks around annual valuations and quarterly submissions, and additional demands from regulatory requirements and non-recurring projects, creating a capacity problem that is expensive to solve permanently.
Training requirements, managerial oversight and staff turnover place additional operational strain, diverting senior resources away from substantive actuarial work.
Organisations take time to scale up team size in response to unforeseen increases in workload. Afrishore Quant can mobilise qualified analysts rapidly and at short notice.
Engagement Models
Choose the model that fits your needs, or combine both to cover different parts of your actuarial function.
Model 01
Access highly motivated, talented individuals with experience and skills expertly matched to the needs of your team. Contractors are placed on contracts from one to 12 months in length, working seamlessly alongside your existing staff.
Model 02
Outsource part of your firm's actuarial function on a project-based or functional basis. Teams are built from individuals with the requisite skills, resourced to guarantee quality delivery on cost-effective terms.
The Economic Case
The gap between in-house actuarial costs and South African compensation creates a clear cost advantage, benefiting both client and contractor.
Figures are illustrative. Actual savings depend on seniority, specialism and project scope.
Use Case
Actuarial teams face peaks and troughs in their workload. These can be most efficiently met by outsourcing projects or bringing additional skilled contractors on board at crunch times.
Rather than maintaining permanent headcount to cover peak demand, Afrishore Quant allows you to flex capacity precisely when and where you need it, at a fraction of the cost.
Outsource peak demand without carrying permanent overhead.
Our Competitive Edge
Up to 40% cost savings with qualified oversight. Exceptional value for professional actuarial services, with skills and experience matched directly to the requirements of the project or team.
South Africa's actuarial profession has for decades attracted the best and brightest minds, who have consistently excelled internationally. We access this talent pool on your behalf.
Our ability to provide attractive remuneration, international exposure and varied work, combined with a shortage of compelling opportunities in South Africa, translates into team stability.
We simplify your engagement with a dedicated point of contact for managing contracting, collecting feedback and discussing your evolving needs. No complexity on your side.
As a division of the Afrishore BPO group, we have an established track record of excellence in offshoring, from contracting to data management and delivery of affordable, high-quality outcomes.
South Africa-based contractors are reliably online during your business hours, ensuring responsive and timely communication throughout every engagement, wherever you are in the world.
The Process
Assignment specification covering skills, experience required, and duration of contract.
Contractors shortlisted, detailing skills, experience, prior client reviews and contracting rate.
Short-notice appointments, retained for the duration of the contract and contributing from day one.
High retention rates mean potential to use contractors on recurring assignments, building institutional familiarity with your business.
"High staff retention means contractors can be re-engaged on subsequent similar assignments, building institutional familiarity with your business."
Afrishore Quant. Augmentation ModelScope of work, timeline, budget and contracting, including setting communication protocols and introducing project leads.
Team selection, training and data transfer. The outsourcing team is built around the right skills at the appropriate level.
Periodic report-back, feedback on emergent matters, project management and problem resolution, all managed on an outsourced basis.
Presentation of outcomes, assigning next steps and sharing of additional insights gained during the project.
"Everything we do is designed to make offshoring actuarial work feel seamless, dependable and low-risk for your firm."
Afrishore Quant. Outsourcing ModelOur Capabilities
Our analysts bring expertise across the full spectrum of actuarial work, matched to your specific project or team requirements.
Calculating and verifying SAM and IFRS17 reserves, including assistance with setting assumptions.
Profitability analysis, premium rating and experience data analysis across product lines.
Validating fulfilment cash flows and risk adjustments over bespoke reporting periods.
Actuarial support for new product design, pricing frameworks and market entry analysis.
Optimising reinsurance arrangements and treaty review across lines of business.
Risk management, capital adequacy and solvency calculations for regulatory submissions.
Calculations over bespoke reporting periods for surplus analysis and attribution.
Quantitative modelling and data analytics support across actuarial disciplines.
Peace of Mind
Everything we do is designed to make offshoring actuarial work feel seamless, dependable and low-risk for your organisation.
Our contractors are trained in relevant regulations and products, so they can contribute from day one without a steep learning curve.
South Africa-based contractors are reliably online during international business hours, ensuring responsive and timely communication throughout every engagement.
High staff retention ensures stability and continuity, not only during projects but for similar and recurring assignments in the future. Your team stays consistent.
Our contracts are sufficiently flexible to allow for unforeseen demands and ensure delivery of desired outcomes, with accountability built in at every stage.
Our Commitment
We take full ownership of every input, so our clients can focus on strategic, high-level decision-making with confidence in their underlying numbers.
Start the ConversationWe identify, vet and recruit the right actuarial analysts for your specific requirements, drawing on our deep network within the South African profession.
We match individual contractors to engagements based on technical skills, experience and prior client feedback, so the fit is right from day one.
We maintain accountability for the output of every engagement, with qualified oversight built in and escalation paths clearly defined.
Structured quality controls at every stage, and high staff retention ensuring stable, consistent resource across multiple engagements.