Achieving the actuarial Target Operating Model: Transformation is more than just a tech upgrade

In recent years, digital transformation is getting attention from nearly all companies, and it is mission-critical to survival. Actuaries can play a critical role in a variety of industries where risk management is vital. This white paper discusses how when companies seek first to focus on the human resource and organizational elements of an actuarial transformation—and use technology to help support and strengthen it—they are better positioned to achieve their ideal actuarial target operating model (TOM). We also cover the primary drivers behind transformations, and how companies should drive greater value from actuaries, focus on the right TOM, and keep senior leadership engaged.