As organizations continue to reevaluate business needs and strategize how to best move forward in an evolving industry, technology and innovation are becoming competitive differentiators. Insurers are reimagining processes and accelerating modernization initiatives, and the role of the actuary is transforming in both scope and demand. It's vital actuarial leaders recognize the impact of modernization efforts on their employees, are empathetic to their needs, and create strategies to promote engagement, development and retention during technological transformations. Discover how leaders can prepare their teams emotionally and psychologically for change, gaining their buy in and support for new initiatives while increasing long-term loyalty. A panel of actuarial leaders who have successfully led their teams through change initiatives will also offer their lessons learned and best practices. Leave with the tools and insights necessary to take an empathetic approach to modernization that eases concerns and cultivates a productive and engaged actuarial team.
By attending the session, you will be able to:
- Recognize the emotional and psychological impact modernization efforts and other organizational changes have on employees.
- Take a people first approach to modernization and change initiatives in order to accelerate acceptance and engagement.
- Assess where employees are on the business-relevant change curve and identify how to best support them to increase productivity and build long-term loyalty.
TRACK: Cultivating future opportunities