Understanding Actuarial Function Performance: Looking Beyond the Reporting Cycle In this edition of Five Minutes with MBE, we speak to Maksud Patel, Actuarial Director at MBE Consulting, about what high-performing actuarial functions look like in practice, where operational challenges can arise and how leaders can identify and prioritise opportunities for improvement. As actuarial functions face […]
Author Archives: Maksud Patel
This guide will provide you with the main factors you need to consider when building your actuarial and financial model risk management process.
This guide explores strategies to streamline and optimise your actuarial model validation process, making it a more efficient and valuable exercise for your organisation.
Insurance companies are making significant efforts to modernise their operations, including the actuarial function. Here are the top five challenges we regularly encounter with our clients, and the strategies we employ to effectively overcome them.
Despite a long history of data collection, insurers have been slow to unlock its full potential. Traditional statistical methods, while valuable, haven’t been enough to fully exploit the wealth of information.
Read our guide on how well designed actuarial models can improve performance in the actuarial function and other operations within insurance companies.
This article examines the best practices for designing well designed actuarial models within an insurance company.
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