Spark for Actuaries
Continue using Excel to develop new innovative products at scale, while improving quality, performance and regulatory compliance in partnership with IT.
Digitize Actuarial Operations
Life insurance products delivered in days, not months
Continue modeling in Excel — without VBA loops and version control issues
Change and test model factors, variables, and assumptions in real time
Run modeling simulations at scale in the cloud
Reduce IT implementation timelines by eliminating the need to re-code model logic into multiple downstream systems
Automate the inevitable manual adjustments
Financial reporting actuaries using Spark can:
Streamline and automate the ingestion of data into Excel models
Create an path to fill the data gap between actuarial systems and the financial reporting process
Enable aggregations and adjustments to live in Excel in perpetuity, but with full version control and auditability providing a clear view into your financial reporting numbers
This is the kind of digitalization life insurance actuaries need; leverage existing tools and talent to gain a competitive edge and fuel growth.
Automation meets customization
Blazing fast rating and rules, governed at scale
Delays when porting ratings logic to other code
Shadow policy admin living on single user desktops
Governance and control challenges
The risks of data and IP breaches
The lack of quality assurance when using Excel
With Coherent Spark, P&C actuaries can enjoy all the benefits and flexibility of Excel, with none of the risk.
Ready to see how Coherent Spark can work for you?
Give us your spreadsheet and we'll show you how we can convert, control and connect it in minutes.