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The Slope Blog

Discover key insights and thought leadership on the latest trends of industry and technology.

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Wasted Time Survey - 2020 Results

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.

Surprise! The Flexibility vs. Control Debate Is Not The REAL Problem

There is one dimension of your actuarial modeling system that’s often viewed as a point of contention. This is the range of options for allowing model changes. Here we’re going to call that the Flexibility vs. Control Spectrum (FVCS). The basic point is this: either your actuarial system can be totally locked-down (Controlled), or it […]

Good Actuarial Model Documentation Practices

(We’re not going to say “best”, because, frankly, that’s a bit more arrogant than we wish to be.) One of our colleagues had a practice of typing his thoughts out as he was having them. Literally. He would document his thoughts in real-time, as he was having them. Not the I can’t believe it’s not […]

Model Change

Change is hard. At least, that’s what we’ve been told. But sometimes change is easy; Way too easy! This is part 2 of our discussion on Model Governance.  If you missed the first one, check it out here. Model Change Management can be a tough topic for many people. Model change management programs exist across […]

Actuarial Model Governance

Model Governance? Sounds boring. Why do I need that? Well, in short, it’s about managing risk. Specifically model risk – the risk of adverse consequences resulting from reliance on a model that does not adequately represent that which is being modeled or that is misused or misinterpreted. That covers a fair amount of ground.  If […]