WHO WE ARE
Your actuarial partner. Not just a service provider.
Numera Actuarial is a member firm of theBPO, built to bring clarity, confidence and care to actuarial advisory. Our foundation is in employee benefit valuations and IAS 19 compliance, and we’re growing to serve the full spectrum of actuarial needs, from IFRS 2 and pension funding to insurance reserving and risk quantification. When you work with us, you get senior expertise, honest guidance, and a team that’s genuinely invested in getting it right for you. Think of us as your actuarial partner, not just your service provider.
OUR FIRM’S STRENGTH
Our strength comes from a powerful combination of expertise, experience, and internationally recognised credentials. Supported by seasoned leadership and a team of over 300 plus professionals , including Chartered Accountants, ACMAs/CIMAs, ACCAs, Actuary, MBAs/MPAs/CFEs, IT specialists, and tax and corporate law experts, we uphold world-class assurance standards backed by ISO 27001, ISO 27701, and ISAE 3402 certifications. This depth and diversity enable Numera Actuarial to deliver rigorous, comprehensive, and forward-thinking assurance solutions that meet the highest standards of professionalism and governance.
OUR SERVICES
IAS 19 / EOSB / Gratuity Valuation
Actuarial valuation of employee benefit obligations including pensions, gratuity schemes, and End of Service Benefits using the Projected Unit Credit method in accordance with IAS 19. Each engagement is fully documented, audit ready, and supported by clear actuarial assumptions and disclosures.
IFRS 2 Share Based Payments
Actuarial valuation of equity settled and cash settled share based compensation arrangements. We determine the fair value of awards and support the accounting treatment from grant date through expense recognition.
Assumption Review and Benchmarking
Key actuarial assumptions including discount rates, salary escalation, attrition, and mortality are independently reviewed and benchmarked against market and demographic data to ensure defensible and auditor ready assumptions.
Sensitivity Analysis
Structured stress testing of actuarial assumptions to quantify the financial impact of changes in key variables. This provides management and boards with a clear understanding of risk exposure and disclosure implications.
Funding Strategy
Beyond liability measurement, we provide strategic guidance on benefit funding approaches, cash flow projections, and long term liability management aligned with organizational financial objectives.
Full Disclosure Reporting
Comprehensive IAS 19 and IFRS 2 disclosure packages including movement reconciliations, sensitivity tables, and financial statement notes structured to meet external audit requirements efficiently.
Independent Assumption Validation
Independent actuarial review of management assumptions to support audit assurance and strengthen confidence in financial reporting estimates.
Methodology Compliance Review
Evaluation of actuarial methodologies against applicable accounting standards including IAS 19 and IFRS 17 as well as relevant regulatory frameworks.
Disclosure and Footnote Review
Technical review of financial statement disclosures to ensure completeness, accuracy, and alignment with current IFRS requirements.
Multi Jurisdiction Compliance
Actuarial advisory supporting organizations operating across multiple regulatory environments including Pakistan, the Gulf region, the United Kingdom, and North America.
Post Audit Advisory
Practical recommendations following the audit cycle to improve actuarial models, strengthen internal controls, and streamline reporting processes for future reporting periods.
Life Fund Valuation
Actuarial valuation of policy liabilities, mathematical reserves, and liability adequacy testing under IFRS 4 and IFRS 17. Our approach combines rigorous actuarial methodology with practical industry experience to produce reliable and well documented valuation results.
Group Life Pricing and Reserving
Actuarial pricing and reserve calculations for group life and credit life portfolios supported by experience analysis and premium adequacy assessments. The objective is to ensure sustainable pricing and sound reserving practices.
Mortality and Experience Analysis
Credibility weighted investigations of mortality, lapse, and policyholder behavior benchmarked against industry tables. The resulting assumptions support both valuation accuracy and confident pricing decisions.
Actuarial Model Development
Development of actuarial models in Python or VBA to support valuation, projections, and scenario testing. Every model is delivered with clear documentation, transparent methodology, and a complete audit trail.
Regulatory Reporting Support
Preparation and review of actuarial returns and regulatory submissions aligned with SECP requirements in Pakistan and applicable regulatory frameworks across other jurisdictions.
IBNR Reserve Estimation
Independent estimation of Incurred But Not Reported reserves using established actuarial techniques including Chain Ladder, Bornhuetter Ferguson, and Cape Cod methods. Each valuation is supported by transparent methodology and thorough documentation.
Claims Reserve Adequacy Review
Independent assessment of outstanding claims provisions and Unearned Premium Reserves to evaluate adequacy and alignment with financial reporting requirements.
Pricing Support
Actuarial support for product pricing through loss ratio analysis, burning cost techniques, and rate adequacy assessments developed in collaboration with qualified general insurance actuarial specialists.
Featured Expert
Mr. Muhammad Hassan Yahya (ASA)
Strategic Leadership & Professional Vision
Mr. Muhammad Hassan Yahya is an Associate of the Society of Actuaries (ASA) with over 15 years of professional experience at the State Life Insurance Corporation of Pakistan (SLIC). He specializes in actuarial valuation, risk management, group pricing, pensions, and IAS 19 employee benefit advisory. With strong analytical expertise and leadership, he has delivered strategic actuarial solutions that support accurate financial reporting and effective governance.
Why Choose Our Actuarial Services?
Global Credentialing
Led by experts like Mr. Muhammad Hassan Yahya, an Associate of the Society of Actuaries (ASA) with over 15 years of experience.
Certified Excellence
Our services are backed by world-class assurance standards, including ISO 27001, ISO 27701, and ISAE 3402 certifications.
Multidisciplinary Depth
Supported by a team of over 300+ professionals, including Actuaries, Chartered Accountants, and IT specialists.
Advanced Technology
Leveraging Visual Basic and Python programming to maintain robust actuarial models.
Elevate Your Business To The Next Level With theBPO & Numera Actuarial
Expertise & Global Credentials
Our strength comes from a powerful combination of experience and internationally recognized credentials. As a member firm of theBPO., Numera Actuarial is supported by a leadership team and over 200+ professionals, including Actuaries (ASA), Chartered Accountants, and IT specialists. We uphold world-class assurance standards backed by ISO 27001, ISO 27701, and ISAE 3402 certifications.
Technical Precision
We deliver clarity and confidence in financial reporting by utilizing deep technical expertise in regulatory standards such as IAS 19. Our team leverages advanced actuarial models and programming in Python and Visual Basic to ensure rigorous, comprehensive, and forward-thinking solutions.
Strategic Personalization
Every business is unique, which is why we take a tailored approach to each client. We provide a "one-window" solution that considers the nature, size, and specific requirements of your organization—from data validation to complex liability valuation and funding strategy insights.
Our Practice Is Growing
If your actuarial requirement is not listed here, we encourage you to reach out. Our team will either support the engagement directly or connect you with the appropriate actuarial expertise through our professional network.
Tell us what you need. We'll get back to you within 24 hours with a quote and timeline.
Lets Talk
Principal Office (PAKISTAN)
OUR GLOBAL OFFICES
UNITED KINGDOM
78 Garth Road, Morden, Surrey, SM4JZ.
Tel: +1 (678) 666 0715
UNITED STATES OF AMERICA
163 Parkhouse St PMB 6017, Dallas, TX. 75207
Tel: +1 (678) 666 0715
CANADA
3261 Stoney Cres, Mississauga, Ontario, L5M0V4
Tel: +1 (647) 447 4131
2366 Ave C North, Saskatoon, S7L5X5 Saskatchewan
Tel: +1 639 525 5242
KINGDOM OF SAUDI ARABIA
Tahlia Management Center, Prince Mohammad bin Abdulaziz Street, Rehab District, Jeddah
Tel: +966 54 204 2385