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New Actuarial Field

What are actuarial calculations and why does your business need them?

In Moldova, when it comes to financial risk management, most companies immediately think of accounting and taxes. However, there is an area without which it’s impossible to reliably forecast long-term obligations – actuarial calculations. Despite the complex name, the essence of actuarial analysis is simple: it’s a system of mathematical and statistical methods that helps assess risks related to future financial flows. These calculations are particularly relevant in insurance, pension schemes, and any systems involving deferred payments.

What do actuarial calculations include? In which situations are they applied? And how can they benefit your business? – read in our article.
We offer services in actuarial calculations, financial modeling, and risk assessment to help companies make informed decisions, build reserves, and maintain transparency before regulators and investors.

What are actuarial calculations in simple terms

Actuarial calculations are a practical tool that helps companies understand how much money they will need in the future to fulfill their obligations to clients, employees, or partners. These calculations rely on statistics, demographics, probability theory, and financial mathematics.
The main goal is to evaluate:

  • how much needs to be reserved right now;
  • how likely certain events are to occur;
  • what losses or expenses they may entail.

Where actuarial calculations are applied

1. Insurance
This is the primary field of application. Actuaries calculate premiums for insurance products, reserve requirements, and the probability of insured events. Without these calculations, the financial stability of insurance companies would not be possible.

2. Corporate pension programs
Many companies are required to estimate the cost of future employee payouts – both voluntary and mandatory. Actuarial calculations help determine how much needs to be reserved to cover these obligations.

3. Loyalty and bonus programs with deferred payments
If a company has bonus schemes tied to tenure, performance, or other conditions, this creates future obligations. Actuarial models help evaluate their cost and record them on the balance sheet.

4. Long-term financial planning and risk assessment
Actuaries use their methods to construct stress scenarios, assess credit risks, and model debt strategies.

What businesses gain

  • Transparency and reliability – especially crucial when dealing with investors, auditors, and government bodies.
  • Justified financial planning – you’ll understand your obligations in advance and can manage cash flow with reserves in mind.
  • Risk management – instead of relying on intuition, you get a numeric picture of future risks.
  • Reduced claims and penalties – proper reserving helps ensure compliance with legal and regulatory standards.

When should a business consider actuarial evaluation?

  • If you have future obligations to employees or clients
  • If you're preparing for an external audit or entering the capital market
  • If you have active bonus, loyalty, or voluntary employee insurance programs
  • If your business is related to finance, investments, or insurance
Want to understand how to evaluate your company’s future obligations? Contact us – we’ll help you calculate reserves, build financial models, and justify strategic decisions before partners and regulators.
2025-05-29 17:00