As consulting actuaries, work regularly undertaken by Melville Jessup Weaver includes:
Insurance
Calculation of premiums, determination of liabilities and analysis of experience for life insurers, general insurers and health insurers.
Superannuation
Valuation of statutory, FASB and IFRS defined benefit superannuation liabilities and general advice for trustees and employers regarding superannuation schemes, including sale and purchase issues.
Investments
Review investment strategies and asset allocations, monitor investment managers with commentary on their investment results.
Master Trusts / KiwiSaver
Analysis and advice on the selection of a master trust or KiwiSaver provider and education about KiwiSaver.
Financial modelling
Design and development of financial projections and forecasts.
Statistical modelling
Data explorations and analysis and associated design and development of statistical models.
Employee Benefits
Valuation of liabilities under IAS19 and for benefits such as long service leave and sick leave.
Administration
Provision of administration services for both defined contribution and defined benefit superannuation schemes.
ACC
Estimation of liabilities, review of experience and evaluation of options under the ACC Partnership Program.
Retirement Planning
Seminars and workshops using retirement planning specialists.
IT Systems
Design, provision, building and maintenance of computer systems for superannuation and insurance administration operations.
Actuarial Valuations
Valuation of entitlements under Trusts, Wills and Relationship Property Act.