Core Actuarial Consulting Services
Professional actuarial consulting services to help businesses evaluate employee benefit obligations, manage financial risks, and meet relevant accounting standards across Pakistan, with a focus on Karachi.
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Actuarial Valuation
Accurate actuarial valuations to assess long term financial obligations and support reliable financial reporting.
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Employee Benefits
Comprehensive valuation of employee benefits, including gratuity, pensions, and other post employment obligations.
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IAS 19 Valuation
IAS 19 actuarial valuations to measure employee benefit obligations and support financial statement reporting.
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IFRS 17 Implementation
Technical support for IFRS 17 implementation to improve insurance contract measurement, reporting, and compliance.
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Risk Advisory
Strategic risk advisory services to identify financial uncertainties, assess potential exposures, and strengthen risk management.
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Enterprise Risk Management
Enterprise risk management solutions to identify, evaluate, and manage risks affecting business performance and long-term objectives.
- Payroll
- Data Entry
- HR Administration
Numbers You Can Defend for Promises You Can't Ignore
Gratuity, pensions, leave encashment and insurance liabilities are promises that stretch years into the future. Getting their value wrong distorts your balance sheet, your tax position and your cash planning. Bilal Arsalan & Co. offers actuarial consulting services in Karachi that turn those future promises into figures your auditors, board and regulators can trust.
Because we are also a QCR rated firm in Karachi, we know exactly what auditors look for in an actuarial report. Assumptions are documented, data is reconciled and disclosures are drafted to fit straight into your financial statements.
We support manufacturers, banks, insurers, takaful operators, hospitals, schools and family owned groups across Pakistan.
The Hidden Cost of Weak Actuarial and Risk Work
Many companies still estimate gratuity with a simple formula or roll forward an old valuation year after year. Meanwhile salary growth, staff turnover and discount rates keep changing, and the liability quietly drifts away from reality. When an auditor finally challenges it, the adjustment is usually large and badly timed.
Risk management has a similar blind spot. Risks are listed once in a register and never measured again. Without numbers attached, management cannot tell which risks deserve attention and which can wait.
Misstated Liabilities
Outdated valuations understate or overstate employee benefit obligations in your accounts.
Audit Qualifications
Unsupported assumptions lead to audit queries, delays and possible qualified opinions.
Unpriced Risk
Risks that are never quantified cannot be managed, insured or budgeted for.
Our Actuarial and Risk Advisory Services in Pakistan
We provide IAS 19 actuarial valuation for defined benefit plans, including gratuity valuation, pension and provident fund reviews, compensated absences and post retirement medical benefits. Each employee benefits valuation uses the projected unit credit method and includes sensitivity analysis and the full disclosures your auditors expect.
For insurers and takaful operators, we support IFRS 17 implementation, reserving reviews and data readiness. We also help companies design and cost new benefit schemes before they are announced, so management understands the long term cost from day one. When you move from a funded to an unfunded scheme, or the reverse, we model the cash and accounting impact of each option.
Our risk advisory services in Pakistan cover enterprise risk management frameworks, risk appetite statements, stress testing and scenario analysis. Every actuarial valuation in Pakistan we deliver is prepared by qualified actuaries and reviewed by chartered accountants.
What Makes Us a Trusted Actuarial Consulting Firm in Karachi
Audit Ready Reports
Valuations come with assumptions, reconciliations and disclosures prepared the way auditors review them.
Assumptions Grounded in Pakistan
Discount rates, salary growth and mortality reflect local market data, not imported defaults.
Actuarial and Accounting Together
One team understands both the valuation and how it affects your financial statements.
Risk Advice You Can Use
We quantify risks in rupees so management can prioritise, insure or budget for them.
Our Actuarial Valuation Process, Step by Step
1
Data Collection and Review
We gather employee and plan data, then check it for gaps and inconsistencies before any calculation.
Assumption Setting
We agree discount rate, salary growth, turnover and mortality assumptions with management and document the basis.
2
Valuation and Testing
We calculate the obligation and run sensitivities that show how changes affect your numbers.
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Report and Disclosures
You receive a signed actuarial report with ready to use IAS 19 or IFRS 17 disclosures.
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What Our Clients Say
Frequently Asked Questions About Actuarial Consulting
What is an actuarial valuation?
A calculation of the present value of future obligations, such as gratuity or pensions, using financial and demographic assumptions.
Is an actuarial valuation required for gratuity in Pakistan?
Companies reporting under IFRS must measure defined benefit gratuity under IAS 19, which in practice means an actuarial valuation for most employers.
How often should we update our valuation?
At least once a year at your reporting date, and sooner after major changes in staff numbers or benefit rules.
What information do you need from us?
Employee data such as dates of birth, joining dates and salaries, plus your benefit rules and past payment records.
What does a risk advisory engagement include?
Identifying key risks, measuring their likely impact and building a practical framework to monitor and manage them.
Put Real Numbers Behind Your Long Term Promises
Don’t let an outdated valuation surprise you at audit time. Contact Bilal Arsalan & Co. today for dependable actuarial consulting services in Karachi and risk advice built on sound data. Our team will review your current position and explain the next steps clearly.
