Skip to main content

Actuarial Valuation

The Actuarial Valuation module is used for performing detailed valuation runs.

Accessing the Module​

To access the Actuarial Valuation module:

  1. Navigate to the Projects page.
  2. Locate the specific project on 'All' tab, or filter by clicking 'Actuarial Valuations' tab.
  3. Click on the Launch icon (arrow) to open the specific Project Dashboard.
  4. Locate the Workspace card on the left side (Test, Production, Audit) and launch either of them.
  5. Select the specific Scenario or add a first scenario.

Valuation

Settings Tabs​

Once inside the module, you can configure your analysis using the following tabs:

Basic Variables​

Configure global parameters for the valuation run.

  • Valuation Date: The date as of which the valuation is performed.
  • Include New Business Runs: Toggle whether to include new business in the valuation.

PolicyHolder Data​

Upload and map your policy data.

  • File Upload: Upload CSV or Excel files containing policy details.
  • Mapping: Map columns in your file to system fields.

Data Fields​

Define custom data fields required for your specific products and valuation logic.

MDTs (Multi-Decrement Tables)​

Configure decrement rates and tables.

  • Mortality Tables: Upload or select standard mortality tables.
  • Lapse Rates: Define lapse rate assumptions.

Products​

Define the products included in the valuation.

  • Product Name: Name of the product.
  • Product Type: Select the product type.
  • Features: Configure specific product features.

Replacement Values​

Set default values for missing data points to ensure continuity in calculations.

Life Funds​

Configure the investment funds associated with unit-linked products.

Running Analysis​

After configuring the settings:

  1. Click the Run Analysis button to execute the valuation run.
  2. Monitor the output in the Scenario Results tab.