Actuarial

What Actuarial does

Actuarial — Assessoria e Consultoria Atuarial Ltda. is a Brazilian professional services firm founded in 1995 and headquartered in Curitiba, Paraná. The company provides specialized actuarial consulting and advisory services to public pension regimes (RPPS — Regime Próprio de Previdência Social) and closed private pension entities (EFPC), supporting mandatory annual actuarial re-evaluations, regulatory filings (DRAA for RPPS, DA for EFPC), permanent actuarial advisory, and the technical groundwork for creating new pension regimes. Named clients include the pension funds of Curitiba (IPMC), Recife (RECIPREV), Santa Catarina state (IPREV SC), Amazonas state (AMAZONPREV), and Joinville (IPREVILLE), reflecting a base concentrated in municipal and state government entities.

The firm complements its consulting practice with a proprietary software suite comprising five modules: core actuarial calculation software, a loan portfolio management and risk module, an investment portfolio and profile module, an administrative recadastramento system for participant record maintenance, and an electronic document management system for benefit processes. Technology positioning emphasizes domain specialization over ease-of-implementation differentiation, with the actuarial methodology itself being the central intellectual asset alongside regulatory interpretation expertise spanning the Ministry of Pension, PREVIC, and Court of Accounts (Tribunal de Contas).

Actuarial operates a direct enterprise field sales motion with multi-year, quote-based consulting contracts tailored to each client. Revenue is generated through professional services engagements (annual calculations, permanent advisory, regime creation) and software licensing. Customer scale reported includes 121 RPPS clients managing R$29.5 billion in investments across 505,000 active and inactive public servants. The company is privately held, managed by partner Luiz Claudio Kogut, employs between 11 and 50 people, and markets through thought-leadership content on its blog and YouTube channel alongside direct engagement with pension fund leadership and regulatory bodies.

Name

Actuarial

Legal name

ACTUARIAL - ASSESSORIA E CONSULTORIA ATUARIAL LTDA

Website

https://actuarialconsultoria.com.br

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Actuarial is a Curitiba-based Brazilian actuarial consulting firm, founded in 1995, that provides annual calculations, regulatory filings, and advisory services to 121 public pension entities (RPPS) and private pension funds (EFPC), complemented by proprietary actuarial and pension administration software.

Ownership category

akta.pro rank

Product category

Actuarial Consulting Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592)

akta.pro primary industry

Trust Administration & Fiduciary Accounting Services (FSAAANAF)

akta.pro secondary industry

Estate Planning & Trust Structuring Advisory (FSAEAKAC)

Keywords

• Actuarial consulting
• Pension plan advisory
• Public pension services
• Actuarial software
• Regulatory compliance filings

Headquarters

HQ city

Curitiba

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Actuarial Consulting Services: Professional actuarial consulting services including annual actuarial calculations, permanent actuarial advisory, initial actuarial calculations for new pension regime creation, and regulatory compliance support for DRAA and DA filings.
2. Software Licensing: Proprietary software solutions offered to public and private pension entities for actuarial calculations, loan management, investment tracking, and document management.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Actuarial is a Brazilian actuarial consulting firm that provides professional actuarial advisory services and proprietary software solutions to public pension regimes (RPPS) and private closed pension entities (EFPC). Its core services include annual actuarial calculations, permanent actuarial advisory, initial actuarial calculations for new pension regimes and private plans, and regulatory compliance support (DRAA/DA filings) with Brazilian pension authorities. It complements these services with proprietary software modules covering actuarial calculations, loan portfolio management, investment management, administrative recertification, and electronic document management for benefit processes.

Product overview

Actuarial is an actuarial consulting firm offering a portfolio of actuarial software products and advisory services for public and private pension entities in Brazil. The product suite includes specialized software modules for actuarial calculations, loans, investments, administrative recertification, and electronic document management, complemented by professional services for annual actuarial calculations, permanent advisory, and initial regime creation. The company serves 121 RPPS clients managing R$29.5 billion in investments and 505,000 active and inactive servers.

Differentiator

Problem solved

Functional benefit

Products and services

• Cálculo Atuarial Anual Annual actuarial calculation service to reassess pension plans, establish financing alternatives, calculate mathematical provisions, and prepare actuarial reports and DRAA/DA submissions. Targeted at public (RPPS) and private (EFPC) pension entities requiring mandatory annual actuarial re-evaluation.
• Assessoria e Consultoria Atuarial Permanente Permanent actuarial advisory service providing monthly mathematical provisions projections, investment profitability evaluation, and ongoing technical support for audits. Designed for pension entities requiring continuous actuarial oversight.
• Cálculo Atuarial Inicial – Criação do Regime Próprio Initial actuarial calculation service for creating new public pension regimes, including feasibility studies, financing alternatives, and legal project assistance. Targeted at government entities establishing a new RPPS.
• Cálculo Atuarial Inicial – Criação do Plano de Previdência Privada Initial actuarial calculation service for establishing new private pension plans, including entity creation, documentation, and DA filing with PREVIC. Targeted at organizations creating closed private pension entities (EFPC).
• Software Atuarial Proprietary actuarial software for pension plan management, including annual actuarial calculations and compliance reporting (DRAA/DA). Used by public and private pension entities in Brazil.
• Software de Empréstimos Proprietary loan management software for pension entities, including risk studies for loan portfolios granted to pension plan beneficiaries.
• Software de Investimentos Proprietary investment management software for pension funds, including studies for investment profile implementation and portfolio management.
• Recadastramento Administrativo Previdenciário Proprietary administrative pension recertification software for managing active and inactive server population data and keeping participant records current.
• Gestão Eletrônica de Documentos para Processos de Benefício Proprietary electronic document management system for benefit processes in pension administration, supporting workflow and document handling for benefit concession and review.

Quantifiable outcome

• 121 RPPS clients served with 505,000 active/inactive server benefits managed
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Deloitte Brazil: Big 4 firm with an actuarial and pension consulting practice serving Brazilian public and private pension entities. Competes for larger multi-year advisory mandates that exceed Actuarial's team capacity.
• PwC Brazil: Big 4 advisory firm with pension and actuarial consulting practices in Brazil serving both public and private sector clients. Comparable scope of actuarial advisory work with significantly larger delivery capacity.
• EY (Ernst & Young) Brazil: Big 4 firm with actuarial and pension risk advisory services in Brazil. Targets government and corporate pension clients with broad consulting capabilities, competing for advisory work similar to Actuarial's mandate scope.
• Willis Towers Watson (WTW): Global advisory firm with a strong actuarial consulting practice covering pension risk management, valuation, and regulatory compliance. Competes with Actuarial for Brazilian pension mandates from a much larger resource base.
• Aon: Global professional services firm with a dedicated actuarial and pension consulting practice, including Brazil-based teams serving RPPS and corporate pension sponsors. Comparable offering scope with significantly broader geographic reach.
• KPMG Brazil: Big 4 firm with actuarial and pension advisory capabilities serving Brazilian public sector and corporate clients. Competes for large-scale RPPS and EFPC mandates that may be outside Actuarial's smaller-team capacity.
• Mercer: Global consulting leader in health, wealth, and career advisory with a substantial actuarial and pension consulting practice serving Brazilian public and private pension entities. Overlaps directly with Actuarial's RPPS and EFPC advisory offerings but operates at much larger scale.

Direct peers

• Milliman: Specialized global actuarial and consulting firm focused on retirement, insurance, and investment analytics. Highly comparable to Actuarial's pension actuarial core and provides direct competition in technical actuarial services for Brazilian pension entities.
• Lumina Atuarial: Brazilian actuarial consulting firm serving RPPS and EFPC clients with similar service offerings spanning actuarial calculations, regulatory compliance, and investment studies. Direct domestic competitor with comparable service portfolio and client type.
• Rodarte Nogueira: Brazilian actuarial consulting firm specialized in public pension regime (RPPS) services including actuarial valuations, DRAA filings, and pension reform advisory. Closest direct domestic peer to Actuarial with similar niche focus on municipal and state pension entities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCzsz52fGZ8OgpiqUXFjQ8uA
• Facebookfacebook.com/Actuarialcwb

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Actuarial