Get Actuarial and Analytical Services From Numerica
BANGALORE, India, March 25, 2018 (Newswire.com) - Headquartered in Bangalore, India, Numerica is an actuarial consulting firm that offers analytics and actuarial services to governments, companies and other organizations in India and across the world regarding their employee benefit schemes. The consulting firm’s analytics capabilities unlock the prospects concealed in their clients’ data while their actuarial services assist in realizing the value in their processes. Numerica is known for applying cutting-edge cloud technologies to offer an unequaled experience for their customers and they always aim to make them successful by helping them grasp the value, which they often didn’t know occurred.
On what sets them apart, Nasrat Kamal, the director and co-founder, said, “At Numerica, we have a cutting-edge cloud-based client portal known as Numex and it is the mainstay of our processes. Every customer receives an online account that lets them gain access to their content from any device irrespective of their location. The content that we, as Numerica, offer via our customer portal is based on the nature of the assignment. For instance, for employee benefits, it means that you would gain access to all your data submissions, prior reports, project updates and forecasting. Access to our client portal is free.”
At Numerica, we have a cutting-edge cloud-based client portal known as Numex and it is the mainstay of our processes. Every customer receives an online account that lets them gain access to their content from any device irrespective of their location. The content that we, as Numerica, offer via our customer portal is based on the nature of the assignment. For instance, for employee benefits, it means that you would gain access to all your data submissions, prior reports, project updates and forecasting. Access to our client portal is free.
Nasrat Kamal, director and co-founder
Numerica is regarded as one of the best actuarial firms in India because they constantly learn from their clients what they require and tailor their approach to match their needs. The actuarial consulting firm is also considered the cream of the crop since they protect their clientele’s data and their sensitive information and they have established IT infrastructure that satisfies not simply the valid laws around data security, but also unswerving with the worldwide best practices. Further, they are always available. Numerica offers extended support to its customers past the normal office hours. They know that there are situations where clientele requires working on tight deadlines at odd hours. They are there to help them through those rough times.
Speaking of the company’s recent developments, Nasrat Kamal said, “We recently got the ISO 9001:2015 subscription and received the ‘Best Actuarial Paper for 2017’ awarded by the Institute of Actuaries of India. We also have launched an assortment of IFRS valuation services to cater to our clients’ needs of adopting IFRS or Indian Accounting Standards. We offer the valuation services according to IFRS 2, IFRS 9, IFRS 15, IAS 19 and IAS 37. Lastly, we achieved about 30 percent growth this year compared to the last year and we are currently hiring.”
Apart from offering gratuity accounting in India, Numerica also offers IFRS valuations services. The Bangalore-based firm utilizes several types of approaches in carrying out such valuations, based on the nature and type of exposure being valued. Most of the IFRS valuations involve the use of cash flow discounting and probability theory. In most cases, they apply stochastic methods including the Monte Carlo simulation.
About Numerica
It is a company that offers comprehensive information on its website for those wondering or those who wish to know what is insurance actuary.
Source: Numerica