Processes

Manage rating tools

How manage rating tools are reshaped as AGI capability advances.

ProcessesManage rating tools
Manage rating tools — illustrated

Business-as-Code

Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.

Manage rating tools sits inside a larger value-flow — 1 parent structure it composes into. The hierarchy is grounding, not the story: it tells you which aggregate exposure Manage rating tools inherits.

Where Manage rating tools sits

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How the work flows

Trigger: A regulatory mandate, shift in actuarial data, or scheduled system review initiates the need to update premium calculation engines.

  1. Assess regulatory and actuarial changes impacting premium rates
  2. Define required modifications for rating algorithms
  3. Update calculation models within the rating tools
  4. Execute model validation and user acceptance testing
  5. Secure compliance and actuarial approvals
  6. Deploy updated tools to underwriting teams
  7. Monitor ongoing tool performance and calculation accuracy

Outcome: Updated rating tools are tested, approved, and deployed to production for accurate and compliant premium calculations.

Measured by

Rating Accuracy RateUpdate Cycle TimeCompliance Defect Rate