Intuition is always important, but data-driven insight and automation is helping Australia’s smartest companies transform accuracy in their most important decisions.
Since the beginning of trade, customers have been rewarded for being valuable, loyal, easy to serve or lower risk.
But with the industrialisation of commerce, assessing individual customer value and risk became increasingly challenging.
Enter the data age when every consumer, business or asset can be understood and valued through data with a high degree of accuracy.
Actuaries have pioneered customer- and asset-specific pricing and valuation strategies for more than 20 years, innovating rigorous end-to-end valuation, risk assessment and governance processes in insurance before moving into new markets, such as banking, property retail, consumer goods, and energy.
With an actuary in your team, you’ll do pricing and valuation better – surfacing actionable decision insight with less risk while working with a professional who is obliged by professional standards to consider the community impacts.