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Farhan
joined Nauman
Associates in August 2015.
He has a BSc (Hons.) Accounting and Finance from the
Lahore University of Management Sciences in 2015. He
is taking exams with the Institute and Faculty of
Actuaries and has passed 6 exams.
Farhan has been
involved with Employee Benefits valuations for
Pension and Gratuity schemes and General Insurance
related projects for both local and international
clients. For Employee Benefits his work includes
IAS-19 liability valuations and recommendations for
future funding strategies for funded post-employment
benefit schemes. For General Insurance clients, his
work has primarily been for clients in the Middle
East and pertains to Reserving for Technical
Provisions, Financial Condition Analysis and Pricing
existing products.
His prime areas of
involvement
include:
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Pricing &
Reserving of Non-Life Insurance Companies.
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Expenses and
Claims Analysis of Life and Non-Life Insurance
Companies.
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Pricing &
Profit Testing of Life Insurance Products.
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Preparation & diagnostic analysis of the Data used for actuarial valuations of Employee Benefit Schemes.
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Conducting
actuarial valuations of Post-Retirement Employee
Benefit Schemes such as Pension, Gratuity etc.
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Preparation of accounting entries for Employee
Benefit Schemes according to International
Accounting Standard 19 (IAS-19).
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