About Us
Our Story
What puts us ahead of our competition
New technology enables actuaries to perform their services independently and offsite
- With clients under pressure to reduce costs, leading to reduced actuarial departments.
- Global shortage of actuaries means a new Virtual workforce of actuaries is the future of work.
Virtual Actuary has developed a new successful concept for delivering actuarial services to clients
- VA can match or exceed quality levels of existing consultancies without incurring costs and obligations inherent with fixed staff.
Quality assurance at the forefront of priorities
- Operational team responsible for diligent scoping of projects and matching best staff to client requirements.
- Strict and controlled peer review system.
- Staff leverage a global knowledge and experience base for support.
- Seasoned project and delivery managers put in place where required.
- Monthly feedback sessions with clients by directors.
Disrupting the Market
- Scalable network of actuaries – Senior actuaries in the VA system leverage the use of other junior actuaries.
- In-Depth Industry experience.
- Lean business model – Using programs like Zoom and Slack our actuaries are able to consult digitally.
- Lower charge to global clients, higher fees to Virtual Actuaries – No expensive offices and over 82% of the client fee going to the actuaries .
VA builds its initial success on a unique ability to attract both client business and actuarial talent
- Clients know VA partners as highly skilled and trustworthy.
- Actuarial talent know VA from long term relationships built over 10 years.
Actuarial industry has traditionally been slow to change
- In-house actuaries utilising legacy systems which are slow and cumbersome.
- Traditional consulting businesses with high earning partners at the top and lower level actuaries working long hours.
Due to low-cost base
- VA can offer its actuaries increased flexibility and higher remuneration for their services.
Recent Years
The Proof is in the Numbers
2020
Equal to large consulting firms 20 years old
- 45 actuaries
- 60 clients
- 8 countries
- 36 million revenue for the year
2019
Invited to work on projects previously only reserved for large consulting firms
- 30 actuaries
- 30 clients
- 5 countries
- 32.5 million revenue for the year
2018
New revolutionary consulting business is launched
- 15 actuaries
- 12 clients
- 2 countries
- 11.5 million revenue for the year
