2025 SOA Valuation Actuary Meeting: Session 3H: Un2025 SOA Valuation Actuary Meeting: Session 3H: Unlocking the Cloud: Strategies for Smarter Actuarial Modeling-08.18.25-Recording

This session combines the promise of cloud technology with the art of actuarial model optimization to help actuaries unlock lower costs, faster run times, and enhanced capabilities. After a brief overview of cloud-based actuarial modeling, the panel-featuring modeling actuaries, corporate IT, and software vendors-will dive into practical strategies for realizing cloud benefits while streamlining model performance. Topics include minimizing clock time overhead, rightsizing cloud usage, improving data handling, and enhancing convergence in asset-liability projections. Attendees will explore lessons from past implementations, techniques to boost accuracy and reliability, and the critical interplay between actuaries, IT, and vendors. Participants will leave with actionable strategies to overcome roadblocks, optimize actuarial processes, and maximize the value of cloud-enabled models for faster closes, richer analysis, and lower cloud costs.