Actuarial Challenges: What's Analytics Got to Do with It?

About this paper

This white paper discusses the findings of a study conducted by SAS and Health Data Management in an effort to shed light on the attitudes of senior actuarial executives toward the use of analytics. According to study findings, SAEs are not fully aware of tools that offer advanced functionality, such as forecasting, predictive modeling and optimization capacity. The study, which was conducted via in-depth interviews with health plan actuarial executives from across the country, uncovers opinions on the use of analytics in managing and leveraging data, forecasting, trend analysis, reserve management and related matters.