Polaris: EOSB Valuation, Reimagined

Polaris is SHMA's end of service benefit valuation platform, built for employers and actuaries managing lumpsum Defined Benefit plans under applicable country regulations, such as Saudi Arabia's and the UAE's labour laws.

It brings the entire valuation process, from data upload to IAS 19 compliant reporting, into a single secure portal, replacing scattered spreadsheets with a controlled, auditable workflow. By reducing manual input and minimizing errors, Polaris enables a more automated process and a consistent, year on year approach to valuation.

How Polaris Works

Set the basis Choose the country whose labour law applies and Polaris applies the correct gratuity rules automatically. Default sensitivity parameters, such as a plus or minus 1% discount rate shift, are built in from the start.

Upload and validate data Download a standard template, populate it with employee records and upload it straight into the portal. Polaris runs completeness, cross validation and missing value checks automatically and flags anything that needs attention before it reaches a valuation.

Build your assumptions Manage discount rate, withdrawal rate, mortality and salary increase assumptions in one place. Every past assumption set is kept on file, so new ones can be built from a prior baseline in minutes.

Review before you run Statistical Analysis and Movement Analysis reports summarise the employee population and reconcile it period to period, so data issues surface before the valuation, not after.

Run the valuation Select a dataset and an assumption set and Polaris generates the full IAS 19 reporting suite in one step, including Liability Movement, Disclosure Report, OCI, Sensitivity Analysis, Maturity Profile and more. Manual adjustments for benefits paid, transfers or advances can be entered and reports regenerated instantly, with full drill down to employee level detail.

Stay configured Default valuation period, certain baseline assumptions and default country setup can all be set once at portal level, keeping every new valuation consistent from the start.
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Why Teams Choose Polaris


  • Purpose built for applicable country law, including Saudi Arabia, the UAE and Pakistan
  • Automated data quality checks on every upload
  • A complete, audit ready IAS 19 reporting suite generated in one run
  • Full traceability from scheme level results down to individual employees
  • Consistent, repeatable setup across valuation periods
  • Backed by a team of 30+ actuarial professionals

Beyond compliance reporting, Polaris doubles as a planning tool. Use it for budgeting and forecasting, especially around interim valuations, salary or employee restructuring exercises, and any decision where management needs to see the cost impact ahead of time. Set assumptions for multiple scenarios, compare the outcomes and finalise the set that best matches expectations.

Get in Touch

See Polaris in action. Contact SHMA to arrange a walkthrough