The corporate benefits landscape is evolving, and regulations are ever-changing, making it difficult for employers to craft sustainable and successful risk management plans. When these challenges aren’t addressed, companies make uninformed decisions, incur higher costs, and are left with disappointing outcomes.
Effectively addressing challenges in a dynamic environment requires a partner with expertise, experience, and an appreciation of the specific issues you face. NFP’s Actuarial Services team works with companies to learn about their biggest challenges and objectives and design sound strategies that meet their unique business needs.
With our highly personalized advice and guidance, clients understand their liabilities and obligations so they can comply with statutory requirements, make better medical/Rx and employee benefits decisions, and create a stable plan that aligns with your goals for the future.
Our approach begins with establishing a shared understanding of clients' business and goals. This means we take time to listen, ask questions, and build context for creating customized solutions. Then we use mathematical and statistical modeling to help identify, quantify, project, and mitigate risk, no matter how specialized. Our best practice actuarial methods for evaluating and reporting are complemented by consistent communication that focuses on extracting clarity from complexity.