Modeling the liabilities in variable annuity and indexed annuity products continues to be an increasingly challenging task for insurers as regulation and product complexity add new facets to the process.
Numerix understands that there is no one size fits all approach. There is a lot of subjectivity and interpretation that goes into creating these models, and each company has its own bespoke set of features for the products they sell, so Numerix Variable Annuity (VA) and Indexed Annuity modeling services are tailored to our client’s unique products and liabilities.
Our full-service approach includes designing the right set of cashflow logic to model variable annuities, index annuities, and other investment linked insurance products. And because market risk can significantly impact the liability exposure within annuities, our approach includes selection of appropriate market model combinations with consistent calibrations and Economic Scenarios to appropriately capture the various aspects of market risk (economic capital, pricing, designing a new rider, producing trading grids, etc.).
The Numerix VA and Indexed Annuities team consists of expert actuaries and financial engineers, bringing with them years of experience in the insurance industry and a wealth of advanced modeling techniques to tackle your unique product mix.
Rapidly Structure and Price Any Derivative |
Rapidly Structure and Price Any Derivative Gain time-to-market advantage with 250+ pre-defined deal templates, including ‘out-of-the-box’ deal types and trade blotters that can be easily modified. |
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Pre-trade Analysis |
Pre-trade Analysis Enables pre-trade price discovery and the ability to stress-test and monitor trading strategies in Excel. |
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Customizable Front-end for Trading |
Traders can easily design and set-up a customized front-end for trading, with tailored workbooks/blotters and the ability to view a portfolio of trades. |
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Scenario Analysis |
Supports pre-and post-trade scenario analysis, pricing grids and convergence using Excel to test trading strategies and shock portfolios. |
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Leverage Comprehensive Model Library |
Access the most comprehensive cross-asset, industry–standard library of models and methods, spanning all asset classes. |
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Extensive Risk Management/Reports |
Provides an extensive range of risk management and reporting capabilities, including Greeks, VaR, P&L, model validation and customized risk reports. |