Alexander Forbes Consulting Actuaries Nigeria Information

Alexander Forbes Consulting Actuaries Nigeria (AFCAN) was formed in 2005 when the Alexander Forbes group acquired the business of First Actuaries Limited. AFCAN is Nigeria’s leading provider of Actuarial services as well as a full spectrum of Employee Benefits Consulting Services. The core business in AFCAN is the provision of actuarial and employee benefits advice. Our customers include small, medium and large corporate organisations, government agencies, parastatals, universities, trusts, charitable organizations, specialist groups and individuals. We provide actuarial services in these main areas: \r\n\t\r\n \tEmployee Benefits Consulting;\r\n\r\no\tPension Funds\r\no\tGratuity Schemes\r\no\tLong Service Award Schemes\r\no\tMedical Schemes\r\no\tLeave Encashment Schemes, etc. \r\n\r\n \tGeneral and Life Insurance Consulting;\r\no\tEnterprise Risk Management\r\no\tValuation of Insurance liabilities\r\no\tProduct development\r\no\tActuarial pricing of Insurance premiums\r\no\tRegulatory compliance\r\no\tSystems advice\r\no\tAsset Liability modelling\r\no\tTrainings on various insurance topics\r\n\r\n \tVerification/Audit services\r\n\r\no\tReview Client Procedures\r\no\tValidate Client Records\r\n\r\nLastly, we believe that our resource base, experience and commitment to Nigeria and the West African region are second to none. We believe we are at the forefront of actuarial consulting in West Africa and are providing “cutting edge” services in this region, thereby creating benchmark standards aspired to by the industry.