
The GenAI augmented actuary: Crossing the inflection point
Actuaries must embrace GenAI to stay relevant, balancing tech adoption with ethical standards and leveraging AI for enhanced decision-making and innovation.
Actuarial and risk modeling insights for acting decisively on the issues that matter
Risks come in many forms: climate change, demographic shifts, consumer sentiment, economies in flux. Effective risk management can turn these challenges into opportunities. The right strategy doesn’t just help you weather change – it builds the resilience to lead through it so you can stay ahead, no matter what comes next.
Achieving desired outcomes requires effective strategy, agility and informed decision-making. Covering traditional insurance risk to sustainability initiatives, PwC Risk Modeling Services combines deep, quantitative, financial-focused modeling with business insights. Our team of actuaries, data scientists, climate scientists and financial engineers perform actuarial and risk modeling to help clients with risk quantification and act decisively on the issues that matter.
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“Business model reinvention isn’t solely about the bottom line. The climate, corporate values, trust and the continued evolution of stakeholder needs and expectations are all interconnected and integral parts of a reinvented business model.”
PwC’s 27th Annual CEO SurveyRisk modeling helps clients predict a business strategy’s risk elements, determine likely financial impacts and develop relevant risk mitigation strategies.
Read more about the team’s 2023 award-winning work for LDTI solution of the year and 2022 award for Actuarial team of the year.
Actuaries must embrace GenAI to stay relevant, balancing tech adoption with ethical standards and leveraging AI for enhanced decision-making and innovation.
Property & casualty (P&C) (re)insurers are looking for ways to optimize and deploy excess capital. There are several promising options.
There's a growing gap between the protection society needs and what insurers can provide. More effective tech and customer-centric distribution can narrow it.
How can you enhance your risk management process? GenAI can offer significant potential to provide long-term benefits and help risk managers do their jobs better.