Full Stack Actuarial’s Post

Does every transformation need to be massive to be effective? Not at all... In fact, the best changes often come from a series of pragmatic, incremental steps rather than sweeping overhauls. When leaders focus on implementing small, targeted improvements, the impact can be profound without the high risk and disruption of large-scale initiatives. This is why I’m thrilled TGG is part of the upcoming Actuarial Technology Summit—an event designed to help actuarial leaders harness the power of practical, technology-driven improvements. This summit is all about equipping actuaries with tools and strategies they can start using right away to drive meaningful change in their work. Some recommendations for leaders looking to create effective, lasting change over time: 1️⃣ Momentum, Not Magnitude: Identify quick wins—small changes that free up time or reduce bottlenecks. These quick wins build momentum and trust, making it easier to tackle larger initiatives down the road. 2️⃣ Focus on Transformation Enablers: Instead of waiting for the “perfect” moment for a massive change, focus on enablers that make ongoing improvements possible. Incremental changes to processes, tools, and workflows can have a big impact when they’re aligned with your team’s broader goals. 3️⃣ Build Engagement Through Participation: Engage your team in the process by encouraging their input on what needs improvement. When people are involved in making decisions about their tools and processes, they’re more likely to adopt changes and remain engaged. 4️⃣ Leverage Technology for Immediate Impact: Technology doesn’t have to mean massive overhauls. Small tech-driven improvements in reporting, data management, or automation can bring measurable benefits quickly—benefits that add up over time. The Actuarial Technology Summit on December 12th will be packed with insights like these, giving leaders actionable strategies to start small, stay focused, and make change sustainable. Looking forward to seeing the impact that comes from these discussions. Ready to create change without the chaos? Join us at the summit, and let’s talk about what real transformation looks like. #ActuarialTechnologySummit #TheGunterGroup #Transformation #Leadership #ContinuousImprovement #TGG #ActuarialScience Aaron Smith, FSA, Danny Quarrell, PMP, The Gunter Group https://lnkd.in/gdUcbjRy

Fully agreed! Especially "Technology doesn’t have to mean massive overhauls. Small tech-driven improvements in reporting, data management, or automation can bring measurable benefits quickly—benefits that add up over time." Thanks Tony Schweiss and The Gunter Group for supporting the Actuarial Technology Summit! #actuarial #actuarialtechnologysummit

Happy to report that we were runner-up at KPMG UK's 'Innovator in the UK' competition last week. Here's what we're learning from competing in these sorts of competitions... The #pitchcompetition format is short. Like many opportunities in life, the window to prove yourself is fleeting, and once it's gone, it's gone. That 3-minute moment rewards businesses that can communicate... - the problem and the size of their market - their unique ability to solve it - your team and your special sauce - their traction ... with **clarity** and **speed**! From Advai's perspective, the #AIsector (let alone #generativeAI), and the #AIsafety problem we solve, simply hasn't been perfectly defined yet. The problems have not been perfectly articulated, so, naturally, the solutions haven't either. The extensive testing library, the advanced research, the governance, the assurance platform, #robustness #risk #compliance ... It's hard to get away from our world to reflect honestly, to reflect on our own ability to define what we do clearly enough that we can talk about it succinctly! Really interesting variety of businesses competed. We don't envy the fantastic judging panel, who were tasked with comparing apple computers with orangutans! Anna Purchas, Bonnie Kraus, Hannah Dobson, Harriet Rosethorn, Nick Hawkins and Rich Woods. Shout out to City Management Digital Twin builders Spinview for taking the victory! Cheers to Tim Cross for facilitation and encouragement!

We had another great roundtable conversation yesterday, thanks to Doug Anderson of DCA Live, with several #CFOs of technology companies in the DC area. Compliments to Daniel Hughes for the beautiful setting. A few takeaways: • M&A activity is predicted to pick up going into 2025, bringing more liquidity to the market. • Series B companies have become an endangered species – they’re hard to find in the wild. • Investors are starting to ask their portfolio companies to report on how they are using/plan to use AI in two ways: (1) in their product sets and (2) to do their functional jobs more efficiently. • Companies are also being asked how productivity gains from AI are going to impact their staffing plans for next year. At least one CFO said he’s budgeting for fewer FTEs in 2025. • Really interestingly, companies are starting to take action to flush out their W2 employees who also have another job. And as a proud JMU College of Business Accounting major, I must share that not one, but two CFOs at the table gave a shout out to JMU for our Accounting program and the stellar graduates we produce.

Are you ready for what the future might hold? From AI to climate change and more, our 2024 financial services industry predictions are exploring bold topics in this edition of Deloitte’s Center for Financial Services annual report.

Did you know that #GenerativeAI can shape the future of work, industries and financial systems?✨ Register for tomorrow's #AIforGood Webinar with Ben Ellencweig from McKinsey & Company, moderated by Sarah Hammer from The Wharton School to learn more! 🌐 https://loom.ly/qnuRElg

Our mission to uplift the profession through specialized knowledge and education continues to move forward – and 2023 brought some big steps. Not only did we earn recognition as a finalist at both the 2023 WealthManagement.com Wealthies Awards and the ThinkAdvisor LUMINARIES Awards, but also we took home the Wealthies Award for our work with independent advisors and research dedicated to powering the business growth of RIA firms. In addition, our specialized designation programs brought unmatched knowledge from the field’s foremost experts to nearly 7,000 financial professionals – making a powerful mark on the industry. Stay tuned for more stories of impact to come and see how we can expand your opportunities. #financialservices #impact #expandyouropportunities #specializedknowledge

Is #AlgorithmicForecasting still useful in today’s turbulent times? Learn the answer in Deloitte’s article.

Is #AlgorithmicForecasting still useful in today’s turbulent times? Learn the answer in Deloitte’s article.

Is #AlgorithmicForecasting still useful in today’s turbulent times? Learn the answer in Deloitte’s article.