Actuarial consulting
An actuary is a person who has in depth knowledge of the financial system and its impacts on any company. They need to be well versed in the task of maintaining the delicate balance between high risk ventures and safety. They are the ones who attach a numerical value to the risks which will help in making decisions. actuarial consulting is a very important to reduce the impact of any financial dealing and turn it into a profitable one. actuarial services mainly involve designing policies and fixing premiums in accordance to the market rate and also such that it benefits the company. iWORKS Prophet is a software that assists in this process and also its module called solvency ii helps with the solvency calculation and maintenance.