Consulting services
Our senior consultants each have 15+ years of experience in Canadian and US insurance and can hit the ground running. We can help whether you need to add to your current team or if you need extra hands to support a specific project.
IFRS Implementation
Whether you need to add to your current IFRS team or if you need extra hands to support departmental work so your staff can be seconded to your IFRS project, we can provide you Actuarial and Business-side specialists.
Our consultants specialize in
Risk Integrity IFRS 17 Certified Consultants
IFRS Implementation
Actuarial Support
Business Integration Consulting
Technology Quality Assurance
Testing
Our consultants specialize in
Legacy system transition
Business requirements gathering and analysis
Process Review
Product Testing
Product Implementation
Policyholder Tax System
System integration
Vendor selection
Business analysis and business system analysis
Our consultants have deep experience in Business and IT transformation. We can provide high-level strategic consulting, business change leadership, and Business analysis and quality assurance assistance.
Get to know our consultants
Our consultants have experience with multiple insurance company environments along with Canadian and US life, annuity and disability. We have experience with all facets of the software development life cycle using Agile, Waterfall or Hybrid methodologies.
Actuarial
Information Technology
Executive
Business and Product
Dan ASA, ACIA
Dan has over twenty-five years experience in the Life and Health Insurance industry.
He’s consulted in individual and group life and health pricing, corporate valuations, asset/liability management, pricing of insurance blocks of business, due diligence work for mergers and acquisitions and independent actuarial reviews. Dan has a thorough understanding of the Standards of Practice. Dan works with AAs and senior management to determine and explain the financial results of Life Insurance company operations as well as on temporary projects.
CORE COMPETENCIES
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In-depth knowledge and technical experience implementing IFRS 17 using Moody’s AXIS and Risk Integrity tool sets
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In-depth knowledge and experience using GGY AXIS for pricing and valuation
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Technical and analytical skills in financial reporting/planning including reserving/variance analysis
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Extensive knowledge of investments and asset/liability management programs including reserving/variance analysis
Scott FSA, FCIA, MAAA
Scott has over thirty years experience in the Life Insurance industry.
He’s consulted in individual life and annuity pricing, corporate valuations, asset/liability management, financial reporting, pricing of insurance blocks of business and modeling. Scott has developed a thorough understanding of Standards of Practice. He is proficient in the use of both AXIS and PROPHET actuarial modeling systems. Scott has also worked on projects that involve data collection and testing using SQL, Excel.
CORE COMPETENCIES
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Developing, maintaining, and enhancing AXIS, PROPHET, MOSES and TAS actuarial models
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Technical and analytical skills in financial reporting/planning
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Valuation of Life Insurance and Annuity products
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Proficient in SQL and SAS
John FSA, ACIA
John has more than 30 years of experience in the Life and Annuity Industry.
He specializes in life insurance financial and actuarial business systems. John has a thorough understanding of the Standards of Practice. He has spent the last two years exclusively working on an IFRS project. John is an FSA, ACIA and has passed all three levels of the CFA Program and may be eligible for the CFA charter upon completion of the required work experience.
CORE COMPETENCIES
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In-depth knowledge and technical experience implementing IFRS 17 using Moody’s Risk Integrity
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Extensive knowledge of how IFRS and Risk Integrity impacts business, accounting, and financial reporting
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Business Analysis and Subject Matter Expert with an actuarial, finance and accounting focus
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Valuation experience
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Extensive knowledge of Life and Annuity market
Front End Developer
Our consultants have over 15 years of experience with an emphasis on implementation and design. We have experience in multiple technologies including web, mobile and desktop development.
CORE COMPETENCIES
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Use of JS and React for web and mobile applications
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Development of RESTful APIs
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Developing using interactive design
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Current authorization methods
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Implementation of SSO
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Knowledge of multiple testing frameworks
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Data translation and migration
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Connectivity to RESTful APIs
Back End Developer
Our experienced consultants have expertise in back end design and implementation including creating and interacting with APIs, token authorization, database connectivity and logging.
CORE COMPETENCIES
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Use of .NET development tools
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Development of RESTful APIs
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Use of JSON objects
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Logging tools such as Serilog and SEQ
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Database connectivity to popular databases such as SQL Server and MySQL
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Token authorization using Microsoft Azure
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Server token authorization using JWT
Insurance Developer
Our consultants have 20+ years of experience in all aspects of software development projects for life insurance including policyholder tax, admin and actuarial system migrations, data architecture and complex solves.
CORE COMPETENCIES
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Insurance calculations and complex solves
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Insurance rate data migration, storage and retrieval
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Policyholder tax
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Data migration
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Database connectivity to popular databases such as SQL Server and MySQL
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Connectivity to administration systems
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Connectivity to underwriting systems
Quality Assurance Analyst
With over 15 years of experience in QA testing, development/execution of test plans, executing test cases, reporting outcomes and providing detailed, high-level status reports and metrics our QA consultants can provide the testing that you need. We are experienced with all phases of the software development life cycle (SDLC) in Agile, Quasi Agile and Waterfall projects.
CORE COMPETENCIES
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QA testing, Test plan development, Test plan reporting
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Experience with all phases of software development life cycle (SDLC), Agile, Quasi Agile, Waterfall and software testing life cycle (STLC)
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Execution of Functional Testing, Integration Testing, User Acceptance Testing, Data Validation and Regression Testing
Joe Alaimo ASA, ACIA
Joe has over twenty-five years experience in actuarial software development and solutions architecture in the Life Insurance industry.
Joe has extensive experience in managing software development projects and software development teams using agile methodology. He has been client-side project manager for large systems conversion. He has been Lead Architect and developer for several illustration software systems projects.
CORE COMPETENCIES
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Software development in the Life Insurance industry including agent marketing systems and administration systems
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Data architect Data and data conversion using legacy flat files and API connectivity
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Canadian taxation of life insurance policies
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Management of software development projects and development teams using agile development methodologies
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Solutions architect
Joe Alvarez MBA
Joe has more than twenty-five years of experience in the Life and Annuity industry in product development, distributor technology, policy administration system upgrade, selection, conversions, and integration.
In a prior role he was VP Operations and Information Technology, at a Canadian Life Insurance company. He was responsible for Product Development, New Business, Policyholder services, and Distributor technology and Policy Administration System IT.
CORE COMPETENCIES
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Business and Solutions Architect
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Program and Project Management
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Product Development
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Vendor selection
Product Design
Our consultants have decades of experience in the life insurance industry and have expertise with all life, annuity and disability products.
CORE COMPETENCIES
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Product design strategy and implementation
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Industry review
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Competitive gap analysis
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Moody’s analytics AXIS expertise in pricing
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Collaboration with actuarial, marketing and distribution teams
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Critical analysis and risk assessment
Business Analyst
Our analysts have over 25 years of experience in the life and health insurance industry including: Canadian and US life, IFRS 17, annuities and disability, working with various administration systems including mapping and creation of accounting triggers, implementing suspense account clean up, Canadian and U.S. taxation and tax reporting, creating process maps, creating test strategies and test plans.
CORE COMPETENCIES
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Process engineering/mapping
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Analysis and documentation of business requirements
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Defining system requirements
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IFRS 17
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Familiarity with accounting principles and systems
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Data Analysis and Management
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Legacy system transition
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System integration
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Policyholder Tax
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Vendor selection
Project Manager
Our consultants combine insurance knowledge with project management experience to help deliver projects to completion satisfying their budget, resource and timeline requirements.
CORE COMPETENCIES
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Leading cross-functional teams through all stages of project delivery
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Excellent communication skills
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Production of regular reports to stakeholders
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Monitoring project health, financials and risks
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Identify project issues, problems and risks
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Leverage waterfall and agile methodologies
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SEE WHAT OUR CUSTOMERS ARE SAYING
ProComp has been providing us with project consultants for 8 years. When we needed specialty Actuarial and Financial Business Analyst support for our IFRS 17 initiative, ProComp delivered us the expertise that we needed. Their consultants seamlessly integrated into our operations to strengthen our team so that a sustainable business platform could be built.”
Lawrence Guenther
VP and Actuary, Chief Risk and Compliance Officer of FaithLife Financial