Policy Administration System
Actuarial Analyst Intern
Empirica Actuaries
March 2024 - January 2025 (11 Months)
I contributed to the development of a comprehensive Policy Administration System (PAS) designed to meet PAS4 standards — a critical benchmark for modern insurance operations. This system was built to help insurers streamline end-to-end policy lifecycle management, reduce operational bottlenecks, and ensure regulatory compliance.
The platform enables insurers to create, update, and manage policies seamlessly, while providing built-in compliance monitoring to align with evolving industry regulations. Automated notifications reduce administrative delays, and integrated reporting tools empower actuaries, underwriters, and compliance teams to make data-driven decisions quickly.
For actuaries, this project improves access to accurate, timely policy data — a foundational requirement for pricing, reserving, and risk analysis. For accountants, it enhances visibility into premium flows and outstanding liabilities, enabling faster and more reliable financial reporting.
The system was architected with scalability in mind, allowing for future integrations such as automated underwriting engines, advanced predictive analytics, and API connections with third-party data providers.
Core Features
- Policy Creation, Updates, and Lifecycle Management
- Real-time Compliance Monitoring
- Automated Client and Internal Notifications
- Dynamic Reporting and Analytics Dashboards
Technologies Used
- Django – for backend architecture and API services
- R – for actuarial and statistical computations
- MySQL & SQL – for structured policy data storage and retrieval