Integrated Actuarial Systems, Inc.
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QVI-Auditor™

QVI-Auditor™ is Unique in Insurance Auditing.
  • Only system that is truly integrated
  • Only system available that supplies sophisticated First-Principles audit trails for all Stat, Tax and GAAP Reserves for all types of Insurance Products
  • Only system available that specializes in the Auditing of 3rd Party Reserves and is designed to qualify as a major component in a company’s plan to comply with Sarbanes-Oxley (SOX)
  • No IS involvement is required

QVI-Auditor™ DB Features
  1. ORACLE™-based
  2. Free ORACLE™ run-time version (Express Edition)
  3. Single- and Multi-User versions available
  4. Client-Server Architecture supported
  5. Sophisticated Security
  6. Manually define Plans and Policies and calculate & perform ad-hoc audits of reserves without any IS involvement (MICRO)
  7. Process and audit a large number of plans and policies (MACRO)

Tools available to the Auditor
Your computer. Provides:
  • Data storage space
  • Data processing power

QVI-Auditor system. Provides:
  • Generic Plan definitions (full of handy parts for building Company’s plans. Use as-is, or customize)
  • Generic policies (test cases) you can customize
  • Built-in knowledge of calculation methods
  • Mechanisms to automatically apply the methods, and store and display the resulting reserves
  • Optional Bulk Plan Import to automate input of Plan Definitions

Actuary Vs. Accountant
  • Projected Financials are divided into 2 categories:
    • Complicated Actuarial calculations
    • Dollars and cents
  • System provides sophisticated audits for the Actuary
  • System provides Accounting 101 GL/COA architecture to show the Accountant how and where the Actuarial calculations are applied in the system’s customized SQL-based General Ledger
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