About Us
Our Mission
GratuityAdviser is a dedicated information, eLearning, analytics and advice platform designed to inform, advise and educate UAE employers, HR professionals, and financial decision-makers about End of Service Gratuity (EOSB) savings schemes. As the UAE labour market evolves with new regulations and alternative savings frameworks, our mission is to provide transparency, clarity, and professional insight into workplace gratuity schemes.
Who We Are
GratuityAdviser is a web platform owned, operated, and managed by Lux Actuaries Financial Consulting L.L.C.
Lux Actuaries Financial Consulting L.L.C is part of Lux Actuaries, a premier actuarial consultancy firm with a strong presence across the Middle East, Africa, and Europe. We combine local market expertise with international actuarial standards to deliver pragmatic financial solutions.
Regulatory information: Lux Actuaries Financial Consulting LLC is licensed by the Capital Markets Authority (CMA) to practice the Category 5 activity of Financial Consultations under CMA License Number 20200000249 and DED Commercial License Number 1456074. CMA provides regulation and imposes standards on the conduct of investment business to protect investors in the UAE. Lux Actuaries Financial Consulting LLC, 2102 Al Habtoor Business Tower, Dubai Marina, Dubai, United Arab Emirates.
For more information please visit www.luxactuaries.com.
Core Team
Ruan van Rensburg
30 years’ actuarial experience in insurance and employee benefits
Founder of Lux Actuaries (2006)
FIA Fellow Institute and Faculty of Actuaries (UK)
FCAS Fellow Casualty Actuarial Society (USA)
CAIA Chartered Alternative Investment Analyst (USA)
Nick Frei
25 years in the insurance industry, 15 years of which as CEO of several insurance companies in the Middle East and Russia (t’azur, Allianz, Rosgosstrakh).
Previous experience with Willis Towers Watson, and Acturis Ltd. Formerly a consultant with McKinsey & Co.
M. Eng. Ecole Polytechnique Fédérale de Lausanne EPFL (Switzerland)
MBA INSEAD (Fontainebleau, France)
Our Services
Through the GratuityAdviser platform, we leverage our actuarial, financial and consulting expertise to provide a number core services:
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Industry Updates: Timely reporting on changes to laws, regulations, and market developments concerning EOSB schemes.
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Resources & Tools: Practical calculators and guides to assist employers in finding the optimal solution for their End of Service Gratuity obligations.
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Analytics: Professional analysis of EOSB gratuity savings schemes and funds, utilizing our actuarial capabilities and financial know-how to assess performance, fees, and structure.
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eLearning Courses: Structured educational modules designed to train HR and finance teams on the intricacies of EOSB management and regulatory compliance. In addition, we aim to provide courses for employees to boost their financial literacy.
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Fund Manager Selection Tools: Decision-support tools assisting employers in the selection of appropriate Fund Managers for workplace savings schemes.