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Actuarial Transformation Guide: How to spark innovation with Excel in the cloud

Actuaries love Excel. Actuaries hate Excel. But what if you could keep what you love about the tool and easily overcome the limitations?

Almost every actuary uses Excel on a daily basis. It is the “go-to” choice when solving complicated problems. It’s familiar, it’s readily available, it’s easy to use, and it’s capable of creating remarkably complex actuarial models. But Excel comes with its limitations.

Actuaries need a way to work in Excel that overcomes these drawbacks. They need a modern, "best-in-class," component-based solution that enables Excel to do what it does best, defining business logic, while incorporating the necessary components to complement what Excel doesn't excel at: automation, control, and scale. In other words, they need to be able to use the best solution for the task at hand while remaining confident they have the connectivity and workflow tools to connect the dots afterwards.

In our Actuarial Transformation Guide, we delve into the key components of a solution that allows actuaries to focus on their core expertise—creating complex models—without requiring specialized coding skills.

Discover how you can continue working with the tools you know and enjoy, without having to sacrifice the convenience and power you'd expect from a modern experience.

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The Evolution of Actuary Technology Ebook Coherent

Download the full guide to learn more about:

The evolution of actuarial technology.
The love-hate relationship between actuaries and Excel.
How to overcome the limitations of Excel while keeping the capabilities you need and enjoy.
Unlocking the value of enterprise-grade modeling.
How companies are using tools like Coherent Spark to build cloud-based models more easily.

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You’ll find this guide most useful if you are:

An actuary who is stuck between knowing Excel can do complex things, but has limitations
An actuary who is frustrated by the lack of customization, transparency and speed of a single enterprise actuarial platform

A business leader trying to provide their actuaries with the best tools to work quickly and efficiently

Realize the Actuary 3.0 Vision

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