(2021_44) The Right It - Alberto Savoia

 

The Right It by Alberto Savoia

 

This book with yellow color was quite impressive and encouraging me – that may be because I am a person who need a 'game changer' as a pricing actuary.

 

Albero Savoia, former Google's first Engineering Director and an author of this book, suggests a lot of tactics that can test the possibility in success in the market. If I apply it to my situation, however, there are some additional things I have to consider. What is market? Potential insurance buyers? Or insurer? Actually, I think the answer is the latter – due to the nature of reinsurance. We should focus on more the needs of insurers. But it doesn't mean the ideas in this book are worthless. Rather, the logic embedded in the whole process is very meaningful to me.

 

So, should I, or my team, apply this idea to new product development process? Well, I think we should. Luckily, I work for wonderful reinsurer and have a lot of opportunities to test new ideas, even if those are unlikely to succeed. All I need to do is just to come up with new ideas!