S G Actuarial expands services overseas

S G Actuarial Consultancy Ltd. provides actuarial and risk management consultancy and training services to a wide variety of companies not just in the insurance sector. 

Actuaries are a profession that attempts to make financial sense of the future risks and uncertainties. They have a very important role to play in managing risks for any company not just in the field of insurance. In line with this, S G Actuarial’s clients have been banks, finance companies, wealth management companies, regulators, stockbrokers, audit firms and software developers etc. mainly for training services in addition to insurance / reinsurance companies and brokers.

“We attempt to bridge the gap between actuaries and other professions such as finance, investment, IT, marketing, legal and insurance so that they can help their employer achieve their objectives better. And the great reviews we receive, keeps encouraging us to expand our services,” Founder and Managing Director Saroja Gunatilleke, a fellow of the Institute and Faculty of Actuaries, UK stated. 

The need for the above services was evident not only in Sri Lanka but worldwide. Hence, the company whilst based in Sri Lanka expanded its reach to 12 companies in five countries for consultancy services. The said work is conducted with the client’s staff to ensure the possibility of practical application. For training services, the reach has been far greater with participants joining from 91 organisations in 20 countries worldwide. The company is also very interested in creating awareness and developing the actuarial profession in the country and conducts career talks for universities and schools. Saroja also serves on University Industry Consultative Boards to improve the education of Actuarial Science in the country. S G Actuarial was a Silver sponsor at the SLIIT MathFest2024 which was a competition for top maths students from various schools. The company also conducted activities to create awareness about Actuarial Science at the said event. Saroja hopes to inspire maths students to follow Actuarial Science which is an extremely lucrative well-respected career with worldwide opportunities. S G Actuarial also offers introductory courses for students to see if this is the correct career path for them.