ACTUARY GUIDE FOR MANAGING SPREADSHEET RISK

The Path to Risk Resilience

Chief Actuary Guide - The Path to Risk Resilience - Executive Brief

Microsoft Excel has made life easier for actuaries, whether that be for financial projections, pricing adequacy, or reserve analysis.  However, the software can create a false sense of confidence.  All it takes is one typo or a formula entered incorrectly to generate a potentially headline-making error.

Without accurate spreadsheets and adequate controls, companies will continue to be vulnerable.

In this Actuary Guide, you will learn:

  • Where spreadsheets fail organizations
  • How spreadsheet controls can reduce risk exposure
  • How to obtain consistent risk management oversight across all your corporate spreadsheets
  • Steps to move from risk reactive to risk resilient.

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