(Re)insurers operate in an increasingly complex regulatory landscape, where internal audit functions must provide independent assurance on risk management, governance, and compliance. However, maintaining an in-house audit function with deep technical expertise in Solvency II, IFRS 17, risk modelling, AI governance, and actuarial processes can be challenging.
With Finalyse’s Co-Sourced Internal Audit Solutions, we provide a tailored partnership that enhances your internal audit function while ensuring independence, expertise, and regulatory alignment.
We believe in delivering value and assurance through proportionate risk management. Before engaging in any audit, our team strives to understand your specific business and risk profile - we don’t deliver off-the-shelf solutions. We will support your Internal Audit function in developing a testing program that efficiently targets the key risk areas.
Central to our audit approach is our passion to deliver unique insights, a fresh perspective and benchmarking against industry peers. Where merited, our recommendations will aim to reduce risk or improve assurance. At Finalyse, we provide independent robust challenge, but don’t engage in tick-box compliance exercises. Instead, we focus on delivering meaningful value.
By engaging with Finalyse, you gain access to a wealth of knowledge, skills and insights, dramatically enhancing the capabilities of your internal audit team. Our support team ensures that your audit program will no longer be constrained by team capacity but instead focus on maximising assurance to your Board and other stakeholders.
Our engagement leads have accumulated experience across industry, audit firms and consultancy roles. We bring qualifications and expertise spanning actuarial, risk and compliance disciplines.
Our team can work under direction from your audit function, alongside and in collaboration with your audit function, or on a fully outsourced basis. Our integrated and flexible approach helps ensure costs remain within budget and minimal disruption is felt by your first and second-line business units.
Our flexible solutions are designed to meet your business needs. You can engage with our support team on an audit-by-audit basis, ensuring your audit team remains agile to react to evolving risks and circumstances.
Our subject matter specialists provide expert input across a broad range of domain areas.
Partner with Finalyse to bolster your internal audit capabilities, ensuring resilience and compliance in a dynamic regulatory landscape.
Gary is a Principal Consultant within our insurance practice in Dublin. He has 16 years of experience within the life and non-life (re)insurance sectors covering industry, audit and consultancy roles. His expertise covers financial reporting, prudential and conduct risk management, and assurance activities. Gary has provided outsourced actuarial, risk, compliance, and internal audit function services for a wider range of insurers, reinsurers and captives.
Francis is a Principal Consultant in charge of our insurance practice in Dublin. He has 15 years of experience within the life and non-life (re)insurance industry. His expertise covers the areas of financial reporting, prudential regulation, and actuarial modelling. Francis has worked in both industry and consulting with extensive exposure to Solvency II and BMA-regulated clients and a keen eye on new regulatory developments.
Frans is an actuary and Financial Risk Manager with international experience in the pensions and insurance sectors. He has been specialising in actuarial valuations (AXIS), financial and regulatory reporting (IAS19, US GAAP, IFRS2, IFRS17), regulatory reporting (IORP II, Solvency II, ICS, BMA), market risk management (ALM, SAA), climate change risk management and investment consulting.
Finalyse InsuranceFinalyse offers specialized consulting for insurance and pension sectors, focusing on risk management, actuarial modeling, and regulatory compliance. Their services include Solvency II support, IFRS 17 implementation, and climate risk assessments, ensuring robust frameworks and regulatory alignment for institutions. |
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Finalyse BankingFinalyse leverages 35+ years of banking expertise to guide you through regulatory challenges with tailored risk solutions. |
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Finalyse CareersUnlock your potential with Finalyse: as risk management pioneers with over 35 years of experience, we provide advisory services and empower clients in making informed decisions. Our mission is to support them in adapting to changes and innovations, contributing to a sustainable and resilient financial system. |
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