Actuarial testing

The challenges:

  • There is little focus on actuarial testing at the initiation of the project, but it often turns out to be a bottleneck at the end

  • Realization of added value is only achieved later

  • Management is often difficult and there is ‘key person risk’. Especially in the shrinking organizations of today

  • Many organizations do not have an unambiguous approach. They still use Excel, with incompleteness and “spreadsheet risk” as a result

Benefits

Add AI to actuarial testing.

  • Quality, completeness and no high repair costs because it has not been tested properly

  • Auditable

  • Cost efficient

  • Testing is no longer a roadblock

  • Applications must be manageable by an organization

  • Reproducibility

  • Regression tests are run automatically and quickly and frequently

  • Clear interfaces that also people without programming skills can work with

Veneficus

Actuarial AI testing process

What does Veneficus bring?

  • Years of experience including the necessary work instructions

  • Testmanagement
  • Templates for guiding test plans, verifiable test reports and efficient ticket use

  • Test set generator
  • Plan of approach and standard modules for shadow calculation modules

  • Comparison applications

  • AI difference analysis modules

  • Dashboarding

Receive a free tactical attack plan.

We are convinced that by 2030 all relevant tactical decisions in our markets are made using robotic or fully automated tools. Of course Veneficus is the partner to ensure that you are ahead and do not miss the boat. Wondering where your opportunities lie? Request a free tactical attack plan.

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