About AIS
The actuarial practice was founded in 1986 as Southern Africa Actuarial Consultants and subsequently acquired by Deloitte in 2002. Our positioning within Deloitte both locally and internationally is designed to ensure the provision of premier actuarial services with a professional reputation for outstanding technical quality and thought leadership.
The practice has experienced steady growth in each year of its history, both in terms of its client base and its own resources and has been one of the leading insurance practices in South Africa for some time.
Having grown into one of the leading professional actuarial practices in South Africa, Deloitte Actuarial & Insurance Solutions (“AIS”) retains its identity and focus, whilst providing seamless access to the vast range of accounting and consulting services of a global financial services firm.
Deloitte AIS aims to enrich our client service proposition, support the development of existing products and enable rapid and comprehensive response to the changing needs of the industry.
Our market coverage and experience
Globally
The international practice of Actuarial & Insurance Solutions at Deloitte is one of the largest in the world.
AIS have offices in the United Kingdom, Dublin, Amsterdam, Copenhagen, Cologne, Paris, Zurich, Madrid, Johannesburg and Cape Town, as well as partner companies throughout the United States and the Far East.
Locally
AIS at Deloitte has a wide penetration of the South African market. Within the long term insurance market, we will typically service over 75% of all long-term insurers in one capacity or another during the course of any year.
In addition, we are involved on a regular basis in various consultancy assignments in Europe and Australia.
At the time of writing, AIS in South Africa had 28 qualified actuaries, 45 part qualified actuaries, 3 Chartered Accountants and 6 support staff. Four of the actuaries are approved statutory actuaries in South Africa and 1 has a practicing certificate for health insurance.
All of our actuaries are actively involved in professional affairs with responsibilities ranging from:
- ASSA Council and various sub-committee representations;
- ASSA Life Assurance Committee;
- ASSA Health Care Committee;
- ASSA AIDS Committee;
- ASSA Short Term Insurance Committee;
- ASSA Life Assurance Committee;
- ASSA CSI Committee;
- ASSA Programme Committee;
- ASSA Financial Risks Committee;
- SAICA Market Risk Committee;
- Participation on the diversity committee that promotes the actuarial profession amongst historically disadvantaged communities;
- Running of the Professionalism Course for newly qualified actuaries;
- Participation in the Africa Initiative;
- FSB working groups assisting with market regulation.
Community initiatives
AIS supports Sparrow Schools