Risk and Capital Advisory
Mazars’ Risk and Capital Advisory team understands the challenges the industry is facing and we have significant experience and a broad range of solutions to assist firms to derive and deliver real commercial benefit from risk and capital management.
Our mix of expertise, independence, creativity, credibility and determination will provide you with the professional service you require in a cost effective way. Our commitment to our clients is always backed by a tailored delivery programme designed to meet your exact needs.
With experience advising P&C, life and health (re)insurers, we have assisted firms of all sizes develop and embed practical solutions aimed not only at complying with regulatory requirements, but more importantly to achieve real business benefits.
Our Risk and Capital Advisory services range from high level quality assurance reviews to full scale implementation assistance. They include:
- ORSA design, build, implementation and review
- Risk appetite and risk tolerance framework development
- Board and senior management training
- Internal model design and validation
- Standard formula services/ assistance
- Data governance and management
- Stress and scenario testing framework
- Documentation development and review
- Reporting and disclosure solutions
- Deterministic and stochastic risk and capital modelling
- Enterprise risk management
- Project management
- Gap analysis and workstream development
- Internal audit and independent assurance
- Independent risk function reviews
- Target operating model review under risk-based regulatory frameworks
- System of governance reviews
- Group restructuring
- Actuarial Function Holders (AFH)
- SFCR review and production
- QRT/ART production and review
Benefits to you include:
- Increased understanding of your firm’s risk profile and risk appetite;
- Development of tools to identify and improve the management of key risks that could impact on your strategic objectives;
- Providing tools that equip your organisation to better understand and actively manage your risks;
- Benefit from reduced capital requirements and make more efficient use of capital and resources;
- Identification of inefficient processes, controls or classes of business;
- Improved management information to enhance business decision making;
- Encourage management to become more forward looking and proactive;
- Increased corporate resilience - respond better to crises and extreme scenarios;
- Comply with all the requirements of an increasingly regulated environment; and
- Demonstrate an effective and embedded risk management framework to all stakeholders including customers, shareholders, regulators and rating agencies.