South1 Consulting Actuaries

About us

South1 Consulting is a black owned consulting firm, with extensive actuarial, risk management and corporate finance experience in Southern African markets including three actuaries.

We stand for meaningful consulting, partnering with our clients to understand their specific business needs. This enables us to provide you with the necessary research, analytics, and professional insights to formulate a go-forward strategy.

As an independent consulting firm, South1’s primary obligation is that all advice is provided without bias, incentive or reward, and therefore represents an accurate and objective opinion or recommendation.

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South1 is supported by class leading intellectual property and technology platforms, including models, technical capabilities and analytical techniques. This means that we are able to bring our clients both bigger picture strategic and operational advice, supported by sound actuarial analysis.

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Collaborate

We believe that 1 + 1 can equal 3. We enjoy a strong team spirit internally and encourage sustainable longer term strategic partnerships with our clients.

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Innovate

If you are not constantly improving you will be left behind. We have a passion for thinking differently. We are particularly driven to incorporate cutting edge technology to deliver real world solutions.

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Simplify

Intelligence is useless unless it is digestible and applicable. We believe in delivering practical outputs and advice to clients that speak clearly to their unique circumstances.

QUOTES THAT WE LIVE BY

OUR SERVICES

Insights, Strategy & Risk Management

Insights, Strategy & Risk Management

Long-term funding; Sustainability reviews and recovery plans; Amalgamations, mergers and due diligence exercises; Business intelligence platforms; Business plan, risk reporting framework development

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Human Capital Consulting

Human Capital Consulting

People analytics; Intervention assessment; Turnover cost investigations; Remuneration optimisation; Employment equity modelling

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Compensation & loss calculations

Compensation & loss calculations

Loss of earnings; Loss of support; Road Accident Fund claims, Medical malpractice claims

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Healthcare Consulting

Healthcare Consulting

Contribution and benefit pricing; Product development; Distribution strategy Reserving and capital adequacy; Demographic and market segmentation analysis; Broker profiling; Benefit utilisation and cost driver analysis, long-term sustainability

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IAS19 valuations

IAS19 valuations

Post-employment health care liability valuations; IAS 19 valuations, Funding valuations Liability management and buy-out exercises, Subsidy entitlement reviews

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Get in touch

Get in touch

We look forward to hearing from you.

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MEET THE TEAM

We look forward to meeting you

Carl Yssel

Carl Yssel

Partner
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Carl Yssel

Carl Yssel

Partner

Carl’s expertise lie within employee benefits with a strong focus on health care actuarial, product development and pricing. He has extensive mergers and acquisitions experience, assisting medical schemes in achieving their long-term objectives through appropriate amalgamations and subsequent product, operational and managed care alignment.

Carl specialises in developing turnaround strategies for insurers and schemes looking to strengthen their financial position. These strategies consider the complex regulatory and operational environments, and remain solutions focused and realistic.

“Everything I do must be genuine, and provide true and innovative client value – an honest, independent and analytically leading approach throughout the engagement. No frills no bull”

Further areas of expertise include risk based capital modelling, business intelligence systems, customer segmentation and market analysis.

Wesley Ncube

Wesley Ncube

Managing Partner
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Wesley Ncube

Wesley Ncube

Managing Partner

Wesley is a financial services professional, with experience in a wide range of fields including life insurance, employee benefits, banking, investments, consulting and actuarial.

He has management experience leading teams of up to 15 individuals of varied experience levels and competencies, including highly technical teams such as special projects (actuarial) teams, pensions consulting and administrative regional offices. He has been a managing member of regional executive committees, reporting to Group Executive Committees and Group Managing Directors in multi-national organizations.

Wesley has a sound understanding of risk management, product development, insurance and investments who has worked for large organizations and understands how to interact with various stakeholders for delivery. His expertise goes beyond technical knowledge and has included understanding different businesses, setting, monitoring and improving their strategies in established and new markets.

He has worked primarily in Africa, particularly South Africa, but has knowledge of other countries including the UK that have significantly different business and regulatory environments.

He is a part qualified actuary with the Actuarial Society of South Africa having nearly completed his Associate Actuary exams.

He has worked with life insurance businesses, retirement schemes as well as in short term insurance including Social Security Schemes, healthcare and employee benefits.

Evan Bradley

Evan Bradley

Partner & Consulting Actuary
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Evan Bradley

Evan Bradley

Partner & Consulting Actuary

Evan has a wide range of experience. From assisting the South African Music Rights Organisation (SAMRO) to redeveloping their royalty distribution system to developing medical scheme long-term funding strategies. Evan has seen all angles of strategic consulting and thrives on distilling strategic problems into practical real world solutions.

Evan is foremost a problem-solver, combining a strong technical skillset together with a broader business and risk mind set to underpin this.

“I thrive on developing ongoing trust relationships with clients, so that together we can partner to understand the risk and opportunities specific to the client’s environment. This enables us to deliver sustainable success through analytically driven strategic solutions.”

Additional areas of expertise include HR analytics, cashflow modelling, risk based capital modelling, risk management and corporate governance consulting.

OUR BLOG

Some thoughts on the industry and trends

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Sun Vegas Casino Review Sunshine Vegas Casino Overview Yearning to see Vegas? UK tabloid and news web site The Sun has expanded their providing to add an online casino, featuring slots, live.

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