Actuarial Data Governance and Model Documentation Platform

The actuarial function maintained 180+ pricing and reserve models with documentation spread across file shares, email threads, and individual actuaries' local drives. State insurance regulators had begun requesting model documentation as part of form and rate filings — a request the team could not fulfill consistently. The chief actuary estimated 14 of their models had no current documentation.

QuettaMinds designed and implemented an actuarial model governance platform with a structured model inventory, automated documentation extraction from model code, and a standardized documentation template aligned to ASOP guidance and state regulatory expectations. An agentic documentation assistant helps actuaries produce complete model documentation in hours rather than days.

All 180 models now have current documentation in a searchable inventory. Regulatory documentation requests are fulfilled within 48 hours instead of the prior 3–6 weeks. Three state rate filings were approved on first submission after documentation quality improved — the prior average was 2.1 rounds of regulatory questions.