Comments (0) Rich Tucker, Tim Paris and Steve Wright will be attending the 2011 SOA Annual Meeting in Chicago on October 17, 18, and 19. Let us know if you will also be there.
Tim Paris will be a presenter at session 73 – Managing Longevity and Mortality Risks and Their Global Activities. The SOA website does not show Tim’s participation, but we know better.
In a previous article (When to Automate) I suggested eight considerations when one is deciding whether to automate a complicated process to improve both efficiency and accuracy. In this article I will summarize a real-life project where we used automation to achieve those goals. My hope is that you can identify processes in your own company that could similarly benefit from automation.
One of Ruark Consulting’s businesses is the administration of reinsurance treaties between insurance companies. This involves receiving very large tables of data from one company, performing extensive calculations, and creating large tables of data to be sent to the other party. The steps involved in this process are indicative of the issues to be dealt with in any automation process.
We’ve all been there: we start out with a simple Excel or Access routine and before long it morphs into a complicated process involving many calculations from many data sources, and possibly involving many people in many physical locations. If you’re anything like me, you’ve had these thoughts come up:
Brad Murray
Brad Murray leads the new Data/Technology practice within RCL. The primary focus of this practice is assisting clients with their technology needs in such areas as data warehousing and data modeling.
Please feel free to contact Brad to find out more.
