ACTUARY GUIDE FOR MANAGING SPREADSHEET RISK
The Path to Risk Resilience
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.