Predicting the Future Role of Actuaries in Insurance

Several shifts are underway that will result in significant changes in the way that insurance companies use actuarial resources. An increase in qualified actuarial resources, and a need to move company actuaries into more strategic activities will offer opportunities that have previously been unavailable. The exact timing and pace of this change is uncertain, but the economics are so compelling that the author thinks it is not a question of if, but when, a new model will prevail.

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