Rice Warner
Rice Warner is an Australian actuarial consulting firm founded in 1987 that provided advisory, research, and fintech services to superannuation funds, life insurers, government bodies, and financial planners before ceasing independent operations upon acquisition by Deloitte in May 2021.
- Company typePrivate
- Founded1987
- HeadquartersSydney, Australia
- Headcount51–100
- GTM typeB2B
- OfferingServices
Rice Warner firmographics
Firmographics- Name
- Rice Warner
- Legal name
- Rice Warner
- Website
- https://ricewarner.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Rice Warner is an Australian actuarial consulting firm founded in 1987 that provided advisory, research, and fintech services to superannuation funds, life insurers, government bodies, and financial planners before ceasing independent operations upon acquisition by Deloitte in May 2021.
- Ownership category
- akta.pro rank
Where Rice Warner is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Rice Warner business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Professional Services - Actuarial Consulting: Rice Warner generated revenue through providing professional actuarial consulting services including superannuation advisory, life insurance consulting, market research, and analytics to institutional clients including superannuation funds, insurers, and financial institutions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Rice Warner product offering
Product offeringCore offering
Rice Warner is a leader in providing consulting, research and technology solutions to financial services industry participants. The firm provides actuarial and advisory services to superannuation funds, life insurers, and financial institutions. Its proprietary PHOEBE calculation engine powers online tools and calculators for retirement planning, superannuation projections, and benefit calculations.
Product overview
Rice Warner was an Australian actuarial and consulting firm established in 1987 that provided specialized services across superannuation, life insurance, public policy research, and fintech. The company offered a suite of consulting services including actuarial modelling, benchmarking, product design, and compliance advisory, along with proprietary calculation technology (PHOEBE) powering online tools and calculators. Rice Warner also produced regular industry research publications including market projections reports, wholesale insurance market reports, and underinsurance research. The firm ceased independent operations in May 2021 when its consulting team joined Deloitte's superannuation and wealth management advisory business.
Differentiator
Problem solved
Functional benefit
Products and services
- Superannuation Consulting Services Actuarial and consulting services for superannuation funds including merger assistance, financial modelling, defined benefits, benchmarking, tenders, product design and disclosure, compliance, and independent monitoring and reporting.
- Life Insurance Consulting Services Consulting services for life insurance including benchmarking and tenders, product design assistance, independent pricing review, insurance management framework advice, and operational reviews.
- Public Policy and Market Research Market research, modelling, and analytics services including policy analysis and submission development for government inquiries and regulatory changes.
- FinTech Solutions Financial technology solutions including financial advice engines, online tools and calculators, actuarial accreditation tools, and benefit projections.
- PHOEBE Calculation Engine Proprietary calculation engine powering Rice Warner's online tools and calculators for superannuation and retirement planning, used for policy analysis and member projections.
Quantifiable outcome
- Conducted extensive research on gender retirement gap showing 33% difference in male/female balances for part-time workers
Companies that use Rice Warner
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Rice Warner technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Rice Warner partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Chant WestminorRice Warner sold its Galaxy Insurance Comparators tool to Chant West in March 2021. The insurance insights and comparison tool was established in 2005 as a desktop software tool for financial advice industry, institutional clients and super funds. The transition included the existing team continuing work to deliver comparators to subscribers under Chant West ownership.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Rice Warner competitors and assessment
Company assessmentBroad incumbents
- PwC Australia: Big 4 consulting firm with actuarial, superannuation, and insurance consulting capabilities in Australia. Overlaps with Rice Warner on regulatory, product, and M&A advisory work for super funds and life insurers.
- EY (Ernst & Young) Australia: Big 4 firm with a financial services consulting practice serving Australian super funds, insurers, and government. Comparable as a competing advisory firm for actuarial, risk, and regulatory mandates that overlap with Rice Warner's offerings.
- Willis Towers Watson: Global advisory firm offering actuarial consulting, superannuation and life insurance services, and risk modelling. Directly competes with Rice Warner in Australian super fund and life insurer engagements across product design, benchmarking, and M&A support.
- Aon (Aon Hewitt): Global professional services firm with significant Australian superannuation, life insurance, and actuarial consulting practice through Aon Hewitt. Comparable as a competitor for retirement and investment consulting mandates on the same institutional client base.
- Deloitte Australia: Big 4 acquirer of Rice Warner; pre-acquisition it competed for many of the same superannuation, life insurance, and risk advisory mandates. Highly comparable given its expanded superannuation and wealth management advisory practice now incorporating the Rice Warner team.
- Mercer Australia: Global consulting firm (Marsh McLennan) with deep Australian superannuation advisory, actuarial, and investment consulting capabilities. Directly comparable as a multi-line competitor serving the same super fund and life insurer clients with overlapping actuarial and wealth services.
- KPMG Australia: Big 4 firm offering actuarial, superannuation, and risk advisory services in Australia. Competes with Rice Warner for institutional super fund and life insurer engagements across compliance, product design, and transactions.
Direct peers
- JANA Investment Advisers: Australian specialist investment consultant to superannuation funds and wealth managers, providing advisory, asset consulting, and research services. Comparable as a specialist peer serving similar institutional super fund clients with investment and governance advisory mandates.
- Chant West: Australian superannuation research, ratings, and analytics firm that acquired Rice Warner's Galaxy Insurance Comparators product in March 2021. Comparable as a specialist operating in Australian super fund and life insurance research/analytics, with overlapping customer base.
- Milliman: Global actuarial and consulting firm operating in Australia with services spanning life insurance, superannuation, and financial modelling. Closest direct peer in pure-play actuarial specialization and product/market overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Customer concentration
Rice Warner social profiles
Digital presenceRice Warner financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rice Warner leadership team
Management profileNumber of profiles
Rice Warner funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rice Warner M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rice Warner
What does Rice Warner do?
Rice Warner is a leader in providing consulting, research and technology solutions to financial services industry participants. The firm provides actuarial and advisory services to superannuation funds, life insurers, and financial institutions. Its proprietary PHOEBE calculation engine powers online tools and calculators for retirement planning, superannuation projections, and benefit calculations.
Is Rice Warner a public or private company?
Rice Warner is a private company. It is classified as corporate owned and is currently acquired.
When was Rice Warner founded?
Rice Warner was founded in 1987. It employs 51 to 100 people.
Where is Rice Warner based?
Rice Warner is headquartered in Sydney, Australia, in the Oceania region.
How does Rice Warner make money?
One revenue line is on record: professional Services - Actuarial Consulting.
Who are Rice Warner's main competitors?
Broad incumbents on record are PwC Australia, EY (Ernst & Young) Australia, Willis Towers Watson, Aon (Aon Hewitt), Deloitte Australia, Mercer Australia and KPMG Australia. Direct peers are JANA Investment Advisers, Chant West and Milliman.
Does Rice Warner have an API?
No public API is recorded for Rice Warner.