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.
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.
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.
Actuarial model conversion is perceived as difficult. Ask any actuary who’s had to convert a model from one system to another, and they’ll tell you the same things: It was confusing, because it was hard to understand just where we were starting from. We didn’t really know what we were doing when we started, so […]
Let’s be honest, the next $100 million blockbuster isn’t going to be titled The Actuary, starring Liam Neeson as an experienced FSA looking to make sure that pricing, valuation, and forecasting are all on the same page with their best estimate mortality assumption. We’re not going to hear that famous Hollywood voice-over saying “The fate […]
It seems like everyone is talking about work-remote and flexibility and telecommuting as the next big thing. Apparently, it’s been on the rise since 2005 (up 173%, according to Global Workplace Analytics), and the growth doesn’t show any signs of stopping. Employers like it for increased productivity and decreased savings. Plus, many professionals (like our […]
What’s 6 + 2? 8. It’s obvious. But the next question is not: How do you know that is true? There are a couple of different ways. One, you just remember. You learned some kind of fact long ago (similar to “The American Revolution began in 1776” or “Cats have five claws on front paws […]
As any actuary who’s been in modeling for any time knows, there are multiple trade-offs in creating your model. We’ll be presenting some of those tradeoffs over a series of articles. This is the first, discussing the inevitable compromise between model detail and run efficiency. AN UNLIKELY CASE STUDY There once was an insurance company […]
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 […]