We are delighted to announce the launch of the Actuarial Performance Management (APM™) Framework. The APM Framework has evolved from our established, proven methodology for successful actuarial transformation project delivery.
It’s from the many conversations we have had with clients and actuarial leaders, that we saw a pattern of recurring challenges they faced, notably the lack of opportunity to be more strategic and innovative.
This has led MBE to develop the APM Framework. By using the Framework, we can assess an insurer’s current actuarial performance relative to six Enablers and clearly identify what and how they need to improve to achieve Actuarial Excellence.
The APM Framework Enablers
- People, Roles & Responsibilities
- Performance Management
- Data Architecture
- Actuarial Applications
- Data Lifecycle
- Processes & Methods
By using the APM Framework we undertake a full assessment of an insurance company’s current actuarial performance. The assessment enables us to calculate and pinpoint the strengths and weaknesses of the insurer’s actuarial operation.
On completion of our assessment, we provide a full analysis and report with detailed, actionable insights on how to improve your actuarial operational performance.
If you would like to find out more about how the APM Framework can transform your actuarial performance, contact us.
