I'm Andrew Howe, an actuary with 20+ years' commercial experience. I set up Transformaction to deliver pricing and product development, modelling, analytics and risk management services. I bring smart ideas, drive and a hands-on approach. If you face strategic, competitive or technical challenges – or just lack resource – contact me.
Here are the services I offer.
He has the rare quality of being an "idea guy" that is also capable (and willing) to roll up his sleeves to help implement the idea so the result is successful. Client Manager and Vice President, global reinsurer
With a passion for building, I design, model and price products, typically in highly price-sensitive markets.
The optimisation goes beyond price, to include distribution, marketing, underwriting and other elements of business acquisition and, post sale, managing customer and distributor retention.
Pricing and product development example:
Mergers & Acquisitions – recent work:
Andrew is very much a "can do" actuary. His initial work way back in 2004 was a major factor in launching our data analytics programme. This was key to the start of Legal & General's focus on business retention and improving business quality. Commercial Manager (Distribution Quality & Retention) at Legal & General
Robust business intelligence. This is the collection, interrogation of and learning from large quantities of data, to gain insight and improve business decision making. Building and leading teams, or working alone, I have:
Turbo-charged with predictive analytics and machine learning. I apply machine learning techniques to commercial estimation and predictive analytics challenges, such as pricing and customer retention. I also tackle less well defined "unsupervised learning" problems, for example the Enron corpus, with its 500K+ emails. I use Python and Jupyter, but I'm happy to work with other tools, such as R. Contact me with your ideas.
Predictive example – minimal maths, no algorithms
The challenge was to predict a book and chapter, based on a phrase extracted from the works of more than 30 authors. My solution presented results in 1 second, with the following features:
You have shone a light on risk management. Head of Compliance, insurer
Too often risk management is identified only with regulatory work. This work is necessary and should be done well, but optimised capital is just the starting point; uncertain outcomes affect day-to-day and expected profits.
My 3 lines of attack covers loss reduction, uncertainty management and performance optimisation and is:
I cover "soft" risk areas too: risk frameworks, intelligent controls and smart risk registers. I supply spreadsheet, database and web-based software. If your risk management is slow and distant, contact me.
Andrew easily ensured the day-to-day aspects of the risk management framework operated smoothly. Chief Actuary and Finance Director