- Identify the extent of the common challenges within reserving teams across the industry and summarise key issues and concerns
- Outline a framework for greater strategic thinking and how to provide commercial relevance and added value of the reserving teams
- Define the strategic and tactical roles of the reserving teams/function within an organisation
- Analyse barriers and explore different operating models, including extending a reserving actuary’s role into other areas of an organisation
- Discuss structures that allow greater flexibility and respond to new challenges
- Communicate the output to the wider GI profession to develop and advance current and future reserving teams.
The working party is also planning to:
- Outline strategies for developing teams and advance knowledge
- Identify training and knowledge sharing processes to advance change management, project delivery and project assurance
- Share ideas of improving management efficiency models and team retention
- Outline a way forward for the working party to enable future consultation for members and sustain an open dialogue with the wider profession
- 9 November 2017
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