22/06/2022
Good Actuarial Reports - Final top tips
In this latest blog, we provide an overview of our top tips when writing good actuarial reports.
User requirements
- Be totally clear who the report is for and what they need from the report before starting work
- Ensure the report is written using the language/layout required by the user, not the actuary
- Be concise and avoid jargon
Embed report in the whole process
- Consider what is required in the report before starting work
- Structure work so that sufficient time is available to complete the report
- View the report as the communication of the work carried out not as a separate piece of work
Scope what is required
- Consider any changes since the last report was produced
- Consider whether the users need any additional information to help them understand the issues
- Identify the best way of communicating the information (charts/graphs/powerpoint)
Present solutions, not numbers
- Focus on the results and the impact of those results on the business
- Present the results which are relevant to the purpose of the report.
- Use Appendices for detail where appropriate.
- Use different visual representations of the results as appropriate for the audience.
Follow-up and feedback
- Identify any knowledge gaps amongst the audience and ensure these are covered in future reports
- Update user requirements prior to the next report
- Read the other blogs in this series on Good Actuarial Reports.
