· Establishment and Actuarial Valuation of:

1. Retirement Plans
2. Pension Plans
3. Health Plans

· Actuarial Valuation of Pre-Need Plans

· Actuarial Feasibility Studies

· Insurance Consultancy

· Actuarial Clerical Services

Company Profile

E.M.Zalamea Actuarial Services, Inc. was established in June 1966 as a single proprietorship owned and operated by Mr. Enrique M. Zalamea, Jr. Eventually, the Firm was incorporated under the laws of the Republic of the Philippines.

Mr. Zalamea is an Actuary, being a Fellow of the Actuarial Society of the Philippines. He was the president of the Society in 1972. Mr. Zalamea is accredited as an Actuary with the Insurance Commission, the Securities and Exchange Commission, and the Bureau of Internal Revenue. Additionally, Mr. Zalamea is a member of various international actuarial organizations such as, among others, the International Actuarial Association based in Brussels, Belgium and the International Association of Consulting Actuaries based in Liverpool, England.

In 1994, Mr. Zalamea attended an Executive Program of the J.L. Kellogg Graduate School of Management at Northwestern Univeristy in Chicago, USA. The title of the program is "Developing a Corporate Pension Strategy." This intensive programme stresses the formulation and presentation of an integrated pension strategy and provides the tools necessary to communicate and implement this strategy. In July 1998 - June 2001, Mr. Zalamea headed the management team as CEO of the Philippine Health Insurance Corporation which administers the medicare program for the private and public sectors. Mr. Zalamea has also consulted for government institutions, such as the Securities and Exchange Commission (retainer for 9 years), the Ministry of Education, Culture and Sports (in relation with PPSTA, retainer for 5 years), the National Home Mortgage Finance Corporation (retainer for 3 years) and the Home Development Mutual Fund Corporation (retainer for 2 years). Mr. Zalamea has also consulted for Mutual Benefit Associations, among which were the Armed Forces of the Philippines Mutual Benefit Association (AFP-MBA) and the UST Faculty Club .

The Firm focuses on retirement plans consulting for corporations worldwide. Mr. Zalamea was the actuary responsible for the establishment of two most popular multiemployer retirement plans in the Philippines, the PAG-IBIG Fund and the Private Education Retirement Annuity Association (PERAA). Additionally, the Firm has worked on consulting projects for almost all of the "Pre-Need" Companies since their emergence in the early 1980s.

Over the years, the Firm has established retirement plans for various corporations and has performed actuarial re-valuations of existing retirement plans. The roster of clients includes local and multinational companies.