Gamma Iota Sigma
Welcome Back!
Hello, everyone!We hope you had a wonderful summer break and are ready to dive into the new semester. We’ve planned some exciting events this week to welcome new members and reconnect with familiar faces.
To ease into things, join us for an info session this Thursday. As always, all majors and school years are welcome! We hope to see you there, and good luck with your first week of classes!
Best,
Gamma
Article of the Week
Excel Is Not the Culprit
In this article, the author discusses the limitations of using Excel in actuarial work, arguing that it’s not the tool itself but how actuaries use technology that’s the real issue. While Excel has been a staple in the industry, it’s a symptom of deeper problems such as the lack of collaboration between actuaries and IT. Actuaries have traditionally worked in isolation from IT, leading to inefficiencies, especially as regulations like IFRS 17 demand more sophisticated processes. The key takeaway is that actuaries must learn to communicate and collaborate with IT professionals to create more robust, efficient systems. Instead of focusing solely on learning new technologies, the emphasis should be on building better relationships with IT to improve overall processes and set the industry up for future success.
You can find the full articles here
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