How Strategic Actuarial Collaboration Elevates Risk Programs

A recent video, filmed at the Mid Rivers Risk Forum, features Tim Vosicky, principal and consulting actuary at Milliman, sharing insights on how risk leaders can maximize the value of actuarial expertise. Mr. Vosicky explains that while actuaries are often seen as number focused, the most successful organizations bring actuaries into strategic discussions early and often. When teams share operational context—not just data patterns—actuaries can more accurately interpret anomalies, refine assumptions, and support long-term captive and self-insurance planning.

He also reflects on the Mid Rivers Risk Forum's collaborative environment, where Missouri-based risk and insurance professionals exchanged perspective on building stronger, more cost-effective programs. Rather than competing, participants focused on shared goals: reducing losses, improving communication between technical and operational teams, and elevating decision-making through data-driven partnership.

Watch the video now on Captive.com.