• Jump to main content
  • Jump to main navigation
  • About us
  • Careers
  • Media Centre
  • Contact
  • The Brain
Hymans Robertson
  • Pensions
    • Back to Main Menu
    • Defined Benefit Consulting
      • DB Actuarial
      • DB Investment
      • DB Pensions Administration
      • DB Risk Transfer
      • DB Member Choice – At retirement
      • DB Governance
      • DB Consolidation
      • DB Wind-up
      • Project Planning and Management
      • Fiduciary Oversight
      • Responsible Investment
    • Defined Contribution Consulting
      • DC Pension Strategy
      • DC Scheme Structure
      • DC Investment
      • DC Engagement
      • DC Member Choice - At-retirement
      • DC Governance
      • Guided Outcomes
      • DC Master Trusts
      • Benefits and Rewards Strategy
      • Project Planning and Management
      • Responsible Investment
      • Communications
    • Public Sector Consulting
      • LGPS Actuarial
      • LGPS Investment
      • LGPS Governance, Administration and Projects
      • LGPS Employers
      • Ill Health Liability Insurance
      • Responsible Investment
  • Financial Services
    • Back to Main Menu
    • Insurance
      • Longevity Management
      • Product Development
      • Risk and Capital Management
      • Investment and ALM
      • Insurance Company Regulation
      • Independent Actuarial Review Services
      • Project Planning and Management
    • Retail Advisory
      • Tailored Portfolio Service
    • Pension Providers
      • Digital Tools and APIs
      • Competitive Benchmarking
      • Proposition development
      • Operational Support
    • Digital Tools and APIs
      • GO™ For Investment Pathways
      • Economic Scenario Service
      • API Catalogue
  • Digital & Innovation
    • Back to Main Menu
    • Digital & Innovation
      • API Catalogue
      • Economic Scenario Service
      • Digital Products
    • Economic Scenario Service
      Explore the consequences of today's business decisions
    • Digital and Innovation
      Helping our clients build better financial futures
  • Insights
    • Back to Main Menu
    • See all Insights
      • Blogs
      • Case studies
      • Events
      • Podcasts
      • Research and Publications
      • Webinars
    • Webinars
      Watch our webinars
    • All Insights
      See all our latest Insights
  • Team
  • About us
  • Careers
  • Media Centre
  • Contact
  • The Brain
  • Search

Our website uses cookies (what’s this?). These cookies allow us to distinguish you from other users of our website, which helps us improve our website and to deliver many of the functions that make your browser experience more user-friendly. Some of the cookies that we use are essential for parts of the website to operate. By using this website you agree to our use of cookies. To find out more, including how to opt out, please read our Cookies Policy.

OK

Risk and Capital Management

Andy Scott

Key Contact

Andy Scott, Senior Consultant

View profile

Straightforward advice on a complex area

Risk modelling expertise

The management and modelling of risks is one of the most important areas for our clients. A firm’s risk profile – and how this is managed – not only affects the security of policyholders, but also drives returns to shareholders.

Insurers have invested significantly in their capital models and in getting these approved by the regulators. They are keen to ensure that models keep pace as business plans change, as new asset classes emerge, and as the regulators continue to produce new guidance.

We can partner with you to ensure that your models remain at the cutting edge. We are able to draw on expertise from across the industry and can be relied upon to provide straightforward practical advice.

Recent assignments

  • Providing validation support for an insurer looking to move from a partial to a full internal model
  • Secondment to help with the development of a major model change application
  • Acting as Head of Model Validation on an interim basis

How we helped a major insurer

A major insurer was looking was looking to fill its Head of Model Validation model on an interim basis. We provided a cost-efficient solution while also allowing the firm to benefit from the skills of an acknowledged industry expert. In this role we successfully helped our client by:

  • Reporting on the validation activities carried out over the year – including recommendations for future improvements
  • Producing a plan for validation activities over the coming year
  • Reviewing model documentation
  • Performing a holistic review of the internal model

With our help, the firm was able to meet its deadlines and to ensure that its model – including the latest developments – remained appropriately validated.

Video

Webinar replay

Play video

31 minutes

Close video

COVID-19: Impacts on YE20 internal model calibrations

Replay our third Hot Topics in Life Insurance webinar where our experts focused on the impact COVID-19 may have on Solvency II internal model calibrations for year-end 2020.

Watch the webinar replay

Recent award wins

Actuarial team of the year

Actuarial team of the year

Longevity / mortality consultant of the year

Longevity / mortality consultant of the year

Production Innovation

Production Innovation

Investment consultancy of the year

Investment consultancy of the year

Investment consultant of the year

Investment consultant of the year

Get in touch

If you would like to find out more about the services we offer please don't hestitate to get in touch.

Contact Andy

Related Content

Current issues in insurance & financial services - Summer 2020

Publications 15 Jul 2020

Could superfunds disrupt the bulk annuity market?

Publications 09 Jul 2020

COVID-19: Considerations for modelling stress in future

Blogs 24 Jun 2020

Year end results and the impact of COVID-19

Publications 15 Jul 2020

Subscribe to our news and insights

Menu

About

    • About us
    • Careers
    • CSR
    • Award-winning advice
    • Abelica Global
    • Diversity & Inclusion

Legal

  • Accessibility
  • Modern Slavery Act Transparency Statement
  • Trust centre
  • Privacy notice
  • Terms of use

Resources

  • Brexit
  • Conflicts of Interest
  • Coronavirus (COVID-19)
  • Responsible Investment
  • Gender Pay Gap
  • Sitemap

Contact

  • Our offices
  • Get in touch
    • Visit us on Vimeo
    • Visit us on Linkedin
    • Visit us on Twitter
Hymans Robertson

Copyright © 2021 Hymans Robertson LLP. All rights reserved.