Actuarial modernization is underway at many insurance companies. Without proper planning, most of those projects will be unsuccessful. Actuaries must ask the right kind of questions when planning or evaluating future systems to get better results.
The Slope Blog
Discover key insights and thought leadership on the latest trends of industry and technology.
With cloud technology, actuaries can efficiently scale up or down their use of computing resources to match their needs. See how with a clear example and a specific use case.
Slope professionals will be featured in a cloud computing webinar in February. Actuaries interested in understanding how cloud technology applies to their work should register and attend.
The investment world has had a busy week. We offer a lesson on perspective from the trading around GameStop stock. What's adverse for one may be beneficial for another.
The Actuarial Wasted Time Survey Results for 2020 are presented. Actuaries rank Data and Model Management tasks as more impactful than Hardware and Software Management tasks. Read more by downloading the full survey.
A quick wrap-up of some highlights of the year gone by, including company announcements, functionality enhancements, and saving clients loads of time.
Agile and waterfall are two ends of the software development spectrum. This article explains the differences and illustrates how agile development at a software provider aligns well with the expected future of actuarial work.
Actuarial departments have traditionally been de-centralized. Recent years have seen a push to centralize modeling functions. This article compares pros and cons of centralized/de-centralized organization and offers an alternative model for consideration.
Actuaries may need to decide whether to buy (hosted) or build (on-premises) the infrastructure to hold their various business software. This article explains the difference and gives questions to help the decision process.
SaaS providers have the ability to change underlying aspects of their offering for better experience. This case study shows how Slope upgraded database processes and users got their results faster.
Software as a Service applications have a lot to offer actuaries. Discover the benefits of applying SaaS to actuarial work with this comparison article.
Actuaries can learn a lot from software development principles. What they learn may influence their actuarial model development for better results.
After converting an actuarial model to a new system, what happens afterwards? This article gives practical steps to show value of the project and leverage learnings for future success.
When it's time to compare outputs from a modern actuarial system to your prior version, hitting all 7 of these stages will ensure a smooth transition.
Some reasons for choosing a modern actuarial system are good: they allow you to be a better actuary. Are there some bad reasons? Absolutely. Read this to avoid making a big mistake.
Actuaries evaluating modern actuarial systems will need to compare many dimensions. These will help actuaries understand differences between systems.
Actuaries making a case for a modern actuarial system will need structure to their argument. This article outlines a straightforward way to think about the necessary elements.
There are many signs an actuary may need to update their actuarial modeling system. Here are 4 more.
There are many signs an actuary may need to update an actuarial modeling system. Here are 4.
Despite the meteoric rise of cloud computing, actuarial software (and the financial services industry in general) seems to be lagging behind. Numerous articles written over the years point to the benefits cloud computing can provide, but most software available today still requires too much manual intervention. Be it installation and maintenance of desktop software, or […]