Optimind is an independent consulting firm that provides support to insurance firms, banks and large companies by targeting business opportunities to grow their performance. We offer advisory services and solutions to meet major challenges of competitiveness, transformation and regulation. Despite the risks they carry, these challenges offer great opportunities for expansion.
Our ambition in the context of regulatory, technological and corporate/social changes is to offer a comprehensive solution, enabling our clients to fulfill their obligations and implement the transformations they need.
Optimind’s value proposal is a combination of top-level expertise and proven methodologies. We have the necessary knowledge and experience to guarantee that we will adopt the best practices in the industry.
Throughout our development we have remained faithful to our entrepreneurial and pragmatic DNA, which is expressed through our five 5 expert consulting practices and driven by our 400 employees: Actuarial & Financial Services, Financial & Accounting Services, Strategy & Management Consulting, Corporate Risk Services and Risk Management. Discretionary management and BPO services are provided by Eosa, an Optimind company, dedicated to these business lines.
Guided by requirement, rigour and benevolence, we harness these human values to help our clients develop their activities, in an environment where long-term performance is a key issue. This reality is our daily inspiration.
We have a unique and agile ecosystem that reveals the strengths and talents of our employees and develops them by prompting individual initiatives and collective innovation. Governance, communication, R&D, in-house centres of expertise and training are its key components.
Optimind’s clients are insurance firms, banks and large companies. The advisory services and other services we offer are mainly focussed on strategy definition, risk handling and transformation.
Its values and positioning as well as the novelty and clarity of its offering makes Optimind a preferred partner for managing both quantitative and qualitative risk for most of the key players of the place.
Our service lines cover every aspect of our clients’ value chain : Strategy, Finance, Risk, Compliance, Market, Human resources, Digital transformation, Data, BPO.
> 5% of the revenue
is invested in R&D by way of France's research tax credit
of Risk Advisory Managers
Optimind’s Partners are seasoned professionals, skilled in various fields. They vouch for the implementation of the company’s undertakings and personally commit to their success in terms of availability, analysis, follow-up, management, technical know-how and initiatives.
Optimind’s governance hinges on several main bodies: Management Committee, Strategic Committee, Executive Committee, Managers Committee and Practice Committee. These bodies stand guarantee for the application of best practices, in both professional and ethical terms, and decide upon the strategic guidelines of the Company.
The commitment made by Optimind’s employees and managers constitutes a strong chain where each link plays a part in fulfilling our undertakings.
Founder & Chief Executive Officer
Human Resources Director
8 Expertise Centres to serve the practices
Optimind’s Expertise Centres (ECs) contribute towards the added value generated by our consultants in their tasks by providing them with the following:
• Regulatory watch and monitoring of specialised media;
• A view of the market through benchmarks for each theme;
• Expert support and assistance in methodology.
They play a part in our R&D and innovation efforts, in identifying risks and opportunities associated with the emerging subjects, and contribue to preparing our communications, events and training.
Each Expertise Centre is managed by a Practice Leader who stands guarantee for the works carried out and acts as Optimind’s spokesperson in that field of expertise. The Practice leaders may be assisted by a facilitator in supervising the members of the centres and have considerable leeway in organising their tasks.
“Providing tailored assistance in defining your strategy, monitoring your risks and optimising your processes”
Actuarial & Financial Services supports financial institutions, insurance companies, banks and social protection scheme groups in the quantitative management of technical and financial risks, Finance & Risk department transformation projects, actuarial services, ALM, performance analysis and management, product innovation, and all insurance sectors, including savings, retirement, life insurance, health, and property and casualty.
We provide assistance and expertise on:
- All actuarial issues: product development and pricing, inventory and provisioning, actuarial and multi-standard financial modelling
- Accounting sectors and management control: handling of multi-standard reporting obligations, consolidation, transformation projects (acceleration, operational efficiency and regulations), steering and budgets, capital planning, financial communication
- Assets and liabilities management, optimisation of investment-related indicators (yields, risks, capital costs) and controlling market risks
- Product innovation: design and multi-channel distribution of innovative products and services, machine learning
- Data exploitation: digital migration and big data, data science, digitisation, robot-driven automation, reduction of time-to-market and process automation
"Our ambition is to provide you with a tailor-made solution, suited to your organisation and compliant to your expectations."
The Financial & Accounting Services practice assists finance and accounting departments in the management of financial performance, the production and analysis of financial information and the operational management of financial transformation projects.
Our fields of interventions and expertise cover :
- Group reporting and consolidation: Support for the production of group consolidated accounts, specific and one-off interventions related to the establishment of consolidated accounts, partial or total outsourcing of consolidation and reporting.
- Regulatory and supervisory assistance: Development, review and control of regulatory and prudential reporting, regulatory and technical oversight/risk management, regulatory compliance and assistance in the development of ACPR case
- Consulting and IT financials systems: Project management assistance, implementation of information system and implementation of accounting standards, consolidated group information system integration
- Accounting and financial assistance: Temporary replacement of accounting staff, preparation of tax and financial statements, transaction services, internal control
- Transformation of finance departments: acceleration and reliability of closing processes, implementation and improvement of multi-standard processes in the context of regulatory changes.
The Strategy & Management Consulting practice will assist you in your business transformation projects. Through this practice, and as a leading name in digital organisational transformation, Optimind provides support to senior management and marketing, digital, IT, operations and transformation departments to cope with the paradigm shift in client expectations in the Insurance business.
Opportunity studies, strategic and operational scoping, master plan definition, implementation of transformation plans and guidance in change management are some of the tasks we handle.
With our staff members' cross-disciplinary background combined with their know-how of innovative methodologies and the additional expertise brought by our ecosystem of partners, we can undertake end-to-end operations to conduct value chain transformation programmes, from defining strategy to providing general contractor and IT assistance in project steering.
The area of expertise of the Corporate Risk Services practice is focused on social protection and social benefits. Our consultants have the expertise suited to provide support to companies, branches, pension fund companies, public service bodies and local governments.
This practice caters to all Social Protection entities, and in particular, Human Resources departments, administrative and finance departments and employee representatives.
Our consultants are well-versed in understanding and managing Provident, Health, Dependency, Retirement, Employee Savings and Social Policy Liability schemes (retirement gratuities, severance packages, long service awards, work time savings accounts, etc.).
We place a multi-disciplinary range of competencies at our clients’ disposal – actuarial, legal, HR communication, training and software services and more.
The Corporate Risk Services staff rally all efforts to maintain a constructive dialogue between all the stakeholders in this business sector (senior managers, union representatives, lawyers, insurers, regulatory authorities and ministries). In this context, Optimind actively participates in national debates on the future changes to Social Protection and its outlook.
Our Risk Management practice will assist you in procedures to ensure the security of your business. You will be able to transform your knowledge of risk into genuine opportunities and have better control over the contingencies that may impact your earnings.
With our strong experience in qualitative risk and compliance management, we can handle not only the definition of the mechanism and its governance but also its deployment, with or without tooling, as well as training and change management.
The BPO or Business Process Outsourcing practice is centred on our knowledge of back-office, middle-office and front-office process outsourcing. Our staff has the complete range of competencies required to provide top-notch specialised service. It is underpinned by our client and finance advisers, managers, accounting operators, communication officers, general contracting consultants, IT engineers, compliance experts and experts in process robotisation.
Our areas of focus and expertise span retirement, provident funds, distribution of insurance contracts and mortgage loans.
Optimind has opted to abide by the United Nations Global Compact and has undertaken to adopt, support and apply, within its sphere of influence, fundamental values in the areas of Human Rights, Labour, Environment and Anti-Corruption.
Since nine years, Optimind has made all efforts to apply the ten universally recognised principles of the Global Compact in its business activity, strategy and decision-making process. Also, to share our conviction about the importance of abiding by best practices to contribute to shaping a more stable, fairer and more open market, we regularly announce the actions we implement, notably to our stakeholders (clients, suppliers, service providers, etc.) in order to urge them to adopt this voluntary initiative.
Optimind bears the Happy@work label provided by Choose my company 2021.
This label values organizations in which co-workers are happy to work and evolve. It measures the employee’s motivation according to several criteria: professional development, ownership sense, working pleasure, reconnaissance and salary as well as management and environment.
Optimind receives the 2022 EcoVadis Gold Medal for its Corporate Social Responsibility (CSR) policy
EcoVadis is an independent and reference organization that evaluates the integration of Sustainable Development criteria in customer/supplier relationships. The EcoVadis methodology is based on international sustainability standards, in particular the Global Reporting Initiative, the United Nations Global Compact and the ISO 26000 standard. It covers 198 business sectors and 155 countries. EcoVadis establishes CSR assessments of companies by assigning an overall rating based on scores that reflect the company's performance on its social responsibility actions.