The following is a partial listing of the actuarial services that are specialties of ARC's staff:

  • Modeling Applications: including system design, model building, development of practical liability and asset models, financial projections for planning, cash flow testing, actuarial appraisal, and model-based financial reporting.
  • Total Company Models: computerized assembly of sub-models produced by any actuarial software to generate verifiable total company models, including financial items not readily handled by standard software packages. In so, providing management with an effective tool for "what if" analysis and variance analysis.
  • Merger and Acquisition Applications: including development of actuarial appraisals of companies or blocks of business, background reports, demutualization calculations, and review of appraisals developed by other actuaries.
  • Financial Reporting: including statutory, GAAP for stock companies, GAAP for mutual companies, and model-based financial reporting approaches such as value-added, or similar internal management financial reporting, variance analysis and experience monitoring.
  • Product Development: including product design, product pricing, product management/repricing, dividend scales, and preparation of actuarial memorandums and related documents for product filings; for individual life and annuity, individual health, group life and health, credit life and health products, and variable products.
  • Product Analysis and Comparison: including benefit analysis, expense forecasting, reserve evaluation and adequacy testing for insured products and self funded programs.
  • Reinsurance Analysis: evaluation of conventional reinsurance, financial reinsurance, and reinsurance for variable products.
  • Federal Income Tax Issues: company tax issues and policyholder tax issues, including IRS §7702 definition of life insurance.
  • Agency Structure and Compensation: including analysis of marketing strategies and agency compensation structures.
  • Actuarial Software Usage: substantial expertise in development and use of actuarial software, including ARC's software products and TAS™ software (developed by Tillinghast).
  • Prepaid Tuition Program Support: including valuation, development of prices, stochastic analysis, benefit design, legislative testimony, analysis of alternative payout options and development of strategies to deal with chronic defects.
  • Interstate Insurance Product Regulation Commission Issues: substantial expertise in development and use of IIPRC product standards.