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.

Sells Actuarial Services to Corporate & Financial Clients

Sells actuarial services to corporate & Financial clients

Clients who wish to outsource peaks in their work rather than hire staff internally incurring costs, risks and obligations

Working with clients to define scope, skill requirements, timing and projects deliverables

Settings up contracts, admin side and operational

Years of Experience

YEARS OF EXPERIENCE

Virtual Actuaries for the most part are previous Big 4 consulting actuaries having worked at multiple clients and across various sectors. Their experience is extensive and thorough.

Consulting to Clients Digitally and Efficiently

Virtual Actuaries for the most part are previous Big 4 consulting actuaries having worked at multiple clients and across various sectors. Their experience is extensive and thorough.

Consulting to clients digitally and efficiently

Utilising programs like Zoom to consult digitally with clients enables video conferencing and shared screens

Programs like Slack enable the teams to interact together in a team environment

Technological solutions such as encryption services enable remote digital consulting

Aiming Towards Consulting in Virtual Reality

In time all the Virtual Actuaries will consult in Virtual or Augmented Reality from home

Client presentations and feed back sessions will also happen in VR or AR

Smarter software, digital interactions and Artificial Intelligence solutions without the need for physical interaction

10 Years of Networking with Acturies enables Scale

7000 actuaries

Personal contact details with a 10 year insight into skill set, working experience and building actuarial teams

Personal relationships built on trust and respect

Lower Operational Costs and Higher Remuneration Fees

No expensive unnecessary offices. Shared working spaces on a pay as you use basis

Over 82% of the client fee goes to the actuaries and consultants

Global marketing initiatives via LinkedIn are affordable

Senior Actuaries Leverage other Virtual Actuaries

Independent actuaries find scalability a major hurdle

By utilising the VA system they can maximise their skills and service multiple clients

Junior actuaries are able to leverage the peer review system to gain experience and join larger projects

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 working long hours

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