Life Insurance - Analysis of Change

Job description

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This case study examines an Australian financial services provider which used SolveXia's automated solution to fix its analysis of change problem.

Key metrics:

  • Automation deployed in under 3 months
  • 80+ steps in the automated process
  • Transformation of model point data for Reinsurance, Commissions, Policyholder attributes, Sum Assured, Benefit Attributes and more
  • Process completes in under 20 minutes
  • Generation of Excel reports and an online dashboard

What's Next?

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Responsibilities

Job requirements

Client

Australian financial services provider with over A$10 billion in revenues and 14,000 staff.

Problem

Movements in liabilities that are difficult and time-consuming to predict, understand and explain to management.

Solution

Automated solution to iterate through changes to model point data, run valuation model and analyse impact of each change on calculated liabilities.

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