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Actuarial Modeling Software for Actuarial Department

Specialized applications for developing and running complex statistical models that predict future claims costs, mortality rates, and other risk factors essential for insurance pricing and reserving.
Other Actuarial Department

RiskAgility FM
By: Willis Towers Watson
https://www.wtwco.com/en-us/solutions/products/riskagility-fm
A financial modeling solution that allows life insurers to run and automate projection models with extreme efficiency, providing sophisticated reporting and analytics capabilities for regulatory requirements and business planning.

Prophet
By: FIS Global
https://www.fisglobal.com/en/products/prophet
An actuarial modeling solution that enables life and P&C insurers to perform pricing, reserving, asset-liability management, capital assessment, and business planning. Supports regulatory compliance including Solvency II, IFRS 17, and PBR.

GEMS Economic Scenario Generator
By: Conning
https://www.conning.com/investment-solutions/asset-management/risk-and-capital-management-solutions/gems-economic-scenario-generator
An economic scenario generator software that produces realistic simulations of future economic and market conditions for risk management, strategic asset allocation, and capital planning. Supports regulatory compliance including Solvency II.

R³S
By: RNA Analytics
https://www.rnaanalytics.com/products/r3s/
A powerful actuarial modeling system for life, health, and P&C insurers. Offers product development, pricing, reserving, capital management, and ALM capabilities. Supports regulatory compliance including IFRS 17, Solvency II, and PBR.

AFIR
By: Actuarial Systems Corporation (ASC)
https://www.actuarialsystems.com/afir.html
A financial and actuarial modeling system for life insurance and annuities, supporting product development, pricing, valuation, ALM, and forecasting. Features include stochastic analysis, sensitivity testing, and regulatory compliance calculations.

Montoux Decision Science Platform
By: Montoux
https://www.montoux.com/product
A cloud-based platform that uses AI and machine learning to optimize actuarial modeling and pricing decisions. Offers scenario modeling, sensitivity analysis, and optimized pricing recommendations based on multiple business constraints.

Intellect Xponent Actuarial Workbench
By: Intellect SEEC
https://intellectseec.com/actuarial-workbench/
An actuarial modeling platform that combines traditional actuarial methods with AI and machine learning for enhanced pricing, reserving, and risk analysis. Features workflow automation and data visualization capabilities.

Hewitt Actuarial Software
By: Hewitt
https://www.hewitt.com/solutions/actuarial
Designed to support actuaries with financial modeling and analysis for pension and retirement plans, including scenario modeling, compliance calculations, and stakeholder reporting enhancements.

Oracle Financial Services Analytical Applications
By: Oracle Financial Services
https://www.oracle.com/financial-services/financial-services-analytical-applications.html
This suite provides tools for financial analysis, risk modeling, and predictive analytics, enabling insurance companies to manage actuarial functions with comprehensive data capabilities.

CCH Tagetik IFRS 17
By: Wolters Kluwer
https://www.wolterskluwer.com/en/solutions/cch-tagetik-ifrs17
Integrated actuarial modeling and regulatory reporting engine for insurance with automated calculation, reporting, and full audit trail for IFRS 17 compliance. Supports actuarial calculations, risk modeling, and finance-actuarial integration.

Swiss Re actuarial tools/solutions
By: Swiss Re
https://www.swissre.com/solutions/insurance.html
Suite of actuarial modeling, pricing, and risk management tools, tailored for primary insurers and reinsurers. Supports advanced stochastic modeling, liability valuation, and financial reporting under global regulatory regimes.

AXIS Actuarial System
By: Moody's Analytics
https://www.moodysanalytics.com/product-list/axis
A comprehensive actuarial modeling system offering financial projection capabilities, pricing, reserving, and risk management for life, health, and pension industries. Supports regulatory compliance with Solvency II, IFRS 17, and principles-based approaches.

SS&C Algorithmics Actuarial Risk Calculator
By: SS&C Technologies
https://www.ssctech.com/solutions/industries/insurance
A comprehensive actuarial modeling platform supporting pricing, reserving, capital modeling, and ALM for life and P&C insurers. Features include nested stochastic projections and integrated regulatory reporting capabilities.

MG-ALFA
By: Milliman
https://www.milliman.com/en/products/mg-alfa
A financial modeling system for actuarial projections, offering stochastic and deterministic modeling, asset-liability management, pricing, hedging, and statutory/GAAP valuations. Includes cloud computing capabilities for high-performance computing.