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The story I heard related to an actuarial consultant who, after analyzing data and suggesting a defensible year-over-year rate hike to their insurance company c
by HillaryBriss 8y ago
The story I heard related to an actuarial consultant who, after analyzing data and suggesting a defensible year-over-year rate hike to their insurance company client, was asked to change their analysis to support the rate hike the insurance company wanted.
And, of course, if the consultant didn't play ball, the insurance company could always consult with a different actuarial firm.
- sk5t 8y agoThat's the name of the game for certain types of consulting--support the already-made decision. Mostly, but not exclusively, seen in management consulting to support staff reduction, outsourcing, and the like.