Automate manual work; create a single source of truth; fix broken processes; increase sophistication. Sound familiar? The prospect of modernizing actuarial capabilities is an exciting one, but the journey to achieve that vision is a challenging one filled with obstacles.
In this session, we will explore various aspects of the actuarial modernization journey from the perspective of those who have been in the trenches, including why companies have doubled down on the idea, what it takes to get started, the obstacles that get in the way, and how to sustain momentum.
Learning Objectives:
Understand how organizations have created the case for change to modernize actuarial capabilities.
Explore the different levers that teams can pull to achieve their modernization vision, across the spectrum of people, process, data, and technology.
Recognize the various obstacles that teams will encounter during the journey and explore mitigation strategies that can be utilized to sustain momentum in the face of adversity.
