Actuarial Modernization

This session addresses the timely transition of small or traditional actuarial teams into the realm of predictive modeling. It explores the unique obstacles these teams face, such as resource limitations, juggling multiple roles, and the scarcity of experienced predictive modelers. The focus then shifts to solutions to transform these constraints into opportunities. The presentation underscores the importance of intuitive tech solutions, effective governance, partnerships, and strategic stakeholder engagement in facilitating this transformative journey, ultimately aiming to empower every actuary in this digital age.