Approach
An agreed process, built for review.
Ways to engage
01
Focused advisory review
A bounded review of a specific question, model, data set or process, ending in written findings and recommended next steps.
02
Scoped model or delivery project
Agreed specification, deliverables, data needs and acceptance criteria, delivered and handed over under a written proposal.
03
Recurring support
Ongoing support for periodic reporting, pricing or valuation cycles, with scope and cadence agreed in writing.
Before a deliverable is released
Checks agreed as part of each engagement's scope.
- 1Signed engagement terms, including data processing terms
- 2Input data checked and reconciled for the agreed scope
- 3Review by the lead actuary
- 4Independent review where the work requires it
- 5Signatory eligibility confirmed before any statutory use
- 6Release to the client confirmed in writing
Working principles
- Scope, deliverables, exclusions and acceptance criteria are agreed in writing before paid work starts.
- Assumptions and limitations are documented with each deliverable.
- Data requests are limited to what the agreed work needs.
- Independent review is arranged where the work calls for it.
- Scope changes are agreed through written change requests.
Specialist reviewers and data engineers may support delivery under written scope and confidentiality terms; X-Risk retains responsibility for scope, client relationship and final approval.
Discuss your actuarial needs