From Numbers to Strategy: Actuarial Partnership in Risk Management
October 29, 2025
In this discussion recorded at the Mid Rivers Risk Forum, Tim Vosicky, principal and consulting actuary at Milliman, explains how actuarial analysis delivers the greatest impact when organizations treat actuaries as strategic partners rather than technical processors. He notes that actuaries bring a broad lens informed by client experiences across program designs, third-party administrator transitions, captives, and operational change. Mr. Vosicky emphasizes that context strengthens actuarial work. He shares an example from his session where a one-time hiring-related spike in claims was misunderstood in the raw data but interpreted appropriately once narrative context was provided. He also underscores the collaborative spirit of the Mid Rivers Risk Forum, where leaders in Missouri's risk and insurance community shared strategies to improve outcomes industry-wide.
October 29, 2025