PR1ME Actuary is a Korea based actuarial consulting firm specializing in insurance and pension related services. The firm offers end to end actuarial solutions for life and non life insurance products, including pricing, product development, profitability analysis, valuation and IFRS reporting needs. Since 2015, the firm has advised clients on IFRS 17 implementation, risk management, and actuarial system design, delivering practical results for complex financial reporting challenges.

PR1ME Actuary has built a reputation for technical depth and client collaboration, working closely with insurer clients and corporate customers to translate actuarial concepts into actionable business insights. The team combines robust methodologies with a commitment to clear communication and timely delivery, supporting clients through regulatory changes and system upgrades. This client centered approach has helped clients achieve compliant financial statements and informed strategic decisions.

PR1ME Actuary prioritizes client service by providing tailored engagements, transparent methodologies, and ongoing support beyond project milestones. The firm emphasizes practical, scalable solutions and hands on partnership with client teams, including outsourcing options for senior actuary work and ongoing governance of actuarial processes. This client oriented focus enables insurers and corporate clients to manage risk and optimize performance.

About PR1ME Actuary

Founded in 2015


Practice areas
Insurance
Banking & Finance
Employment & Labor
Corporate & Commercial

Languages spoken
English

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Practice areas

Insurance

PR1ME Actuary delivers comprehensive Insurance actuarial consulting covering Pricing, Valuation, IFRS consulting, and Risk management. It assists with pricing structures and base rates, product development and profitability analysis, as well as valuation of reserves and liabilities. The firm supports IFRS 17 implementation including assumption setting and system design, and provides risk management guidance aligned with regulatory requirements to help insurers manage capital and performance.
Bad Faith Insurance
Health insurance
Insurance Defense
Insurance Fraud
Life Insurance
Marine Insurance
Property Insurance
Reinsurance

Banking & Finance

PR1ME Actuary supports financial institutions with risk management design and capital adequacy projects, including RBC and RAAS frameworks and actuarial modeling for financial reporting under IFRS. The firm also assists with actuarial system development and data validation to ensure reliable reporting and governance across complex financial operations.
Investment
Securities
Financial Services Regulation
Tax Increment Financing
Project Finance
Structured Finance
Acquisition / Leveraged Finance
Debt Capital Markets
Equity Capital Markets
Sustainable Finance
Public-Private Partnerships (PPP)
Funds & Asset Management

Employment & Labor

PR1ME Actuary delivers Pension actuarial services for employee benefits, including employee benefit obligation evaluation, pension valuation reports, and compliance with K-IFRS standards. The firm prepares certification reports and supports audit responses, helping employers understand retirement obligations and communicate them to stakeholders.
Employment Rights
Hiring & Firing
Job Discrimination
Labor Law
Pension
Retirement
Sexual Harassment
Social Security
Wage & Hour
Wrongful Termination
Whistleblower & Qui Tam
Employment Benefits & Executive Compensation

Corporate & Commercial

PR1ME Actuary provides IFRS consulting for corporate and insurance related transactions, actuarial system design and development support, and outsourcing of senior actuary tasks. The firm helps clients implement next generation actuarial systems, model building and validation, and governance strategies to improve efficiency and risk management.
Administrative
Admiralty & Maritime
Agriculture
Antitrust
Aviation
Business Registration
Contract
Due Diligence
Franchising
Gaming
Government Contract
Licensing
Merger & Acquisition
Transportation
Venture Capital
Cannabis Law
Nonprofit & Charitable Organizations
International Trade Law
Government Relations & Lobbying
Private Equity
Corporate Governance
Sanctions & Export Controls

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