This article examines the best practices for designing well designed actuarial models within an insurance company.
Actuarial Transformation
This is part one of my blog miniseries on PEOPLE in an organisation more specifically ‘‘ACTUARIAL PEOPLE’’. With a 30-year history of being an employee as well as an employer, Director of MBE South Africa shares his approach to helping actuaries improve their performance.
Improving and optimising your actuarial processes, systems and operations requires vision and more often than not implementing change.
Up-to-date actuarial methodologies can significantly enhance team performance within insurance companies, promoting better decision-making and facilitating long-lasting knowledge sharing.
As part of MBE Consulting’s focused drive to transform actuarial performance, we’ve been advocating that actuarial transformation should be approached as an incremental cycle of small, well-defined, value-adding, capacity-releasing phases that generates change momentum and achieve true efficiency and cost savings.
Actuaries well-versed in the world of data. You know how to collect it, analyse it, and use it to make sound decisions. But what happens when the data gets unwieldy?
Read the executive summary from our APM Benchmark Report 2022 for an in-depth analysis on the current state of actuarial performance across the insurance industry.








