Actuarial services

What does this service include?

We provide a wide range of actuarial services for pension funds, including all actuarial calculations for members, calculations and simulations of technical provisions, calculation of the funding of supplementary pension benefits by the organiser(s), calculation of the solvency margin in accordance with the financing plan, asset-liability modelling (ALM), continuity tests, etc.

In addition, Conac supports companies during their merger and acquisition processes and assists their legal advisors if necessary.

We provide calculations and reports in accordance with international accounting standards (IFRS, FAS, and others).

Thanks to their extensive expertise, our most experienced actuaries assume the role of Actuarial Function, as described in the prudential law relating to IORPs and the FSMA circular, for a large number of pension funds. The tasks of this control function are carried out objectively, fairly, and independently.

Customized software

AMI for actuaries (Actuarial management for IORPs).

AMI is an actuarial tool specifically developed by Conac for actuarial calculations related to pension funds, taking into account Belgian prudential legislation, as well as for actuarial computations required for IAS/FAS/IFRS/etc. reporting. This tool is used for all types of pension plans (DB, DC, CB, etc.) and for various components such as retirement, death, disability, etc.

Conac uses a single actuarial tool per client that covers all underlying processes related to actuarial calculations — including IAS/IFRS obligations, service cost assessments, provisions, solvency margins, coverage ratios, and future cash flows.

Conac ALM

Conac ALM provides full stochastic modeling for risk assessment and Asset Liability Modeling (ALM). This investment model is an effective tool that offers insight into how returns and prices of various assets—or asset classes—can impact the funding of a plan.

Would you like to know how Conac can help you?

Please fill out the contact form, and we will get back to you promptly. We are ready to offer you expert advice and customized solutions.