New regulatory requirements, growing government requests and increasing demands from internal and external stakeholders for greater compliance… The pressures on tax functions are mounting, forcing companies to rethink their operational set-ups.
Each one of us is used to operating in uncertain - even volatile - markets. While we may often wish for more breathing space to think, reflect and plan, we are rarely afforded that opportunity. „The only constant is change“ is the only truly predictable reality. What does vary however, is the speed of change.
Many leading insurers are currently undertaking a Finance Transformation program. Whilst Finance Transformation is wide ranging and typically affects most functional areas of an insurer, actuaries can play a key role in shaping the future landscape.