Actuarial Modeling Software Request Form

Streamline Your Actuarial Software Requests with Paperform

When actuaries need specialized software for mortality modeling, reserve calculations, or regulatory reporting, getting the right tools quickly can make all the difference. This Actuarial Modeling Software Request Form template helps insurance companies, pension funds, and financial services firms manage software access requests efficiently while ensuring compliance and proper resource allocation.

Why Use This Actuarial Software Request Template?

Actuarial work demands precision, and so does your software procurement process. This template helps IT departments, actuarial managers, and compliance teams:

• Capture detailed requirements for mortality tables, stochastic modeling capabilities, and reserve calculation needs
• Streamline approval workflows by collecting business justification and budget information upfront
• Ensure regulatory compliance by documenting software needs for statutory reporting and regulatory frameworks
• Track license allocation and avoid duplicate or unnecessary software purchases
• Maintain audit trails of software requests for compliance and cost control

Who Should Use This Form?

This template is designed for:

• Actuaries requesting specialized modeling software for pricing, reserving, or forecasting
• IT departments managing software licenses and access requests in insurance and financial services
• Actuarial managers evaluating team software needs and budget allocation
• Compliance officers ensuring software meets regulatory and audit requirements
• Finance teams tracking actuarial technology investments and ROI

Key Features of This Template

The form captures everything your IT and actuarial leadership needs to make informed decisions:

• Requester information including department, role, and supervisor details
• Software specifications for modeling capabilities (mortality tables, stochastic modeling, reserve calculations)
• Regulatory requirements for statutory reporting (NAIC, Solvency II, IFRS 17, etc.)
• Business justification including use case, project details, and expected benefits
• Budget and timeline information for procurement planning
• Integration needs with existing actuarial systems and data sources
• Training requirements to ensure effective software utilization

Automate Your Actuarial Software Workflow with Stepper

Once a software request is submitted through Paperform, you can use Stepper to automate the entire approval and provisioning workflow:

1. Route requests automatically to the appropriate manager based on department or software cost
2. Send approval notifications to IT, finance, and actuarial leadership
3. Update your asset management system or tracking spreadsheet when licenses are allocated
4. Trigger procurement workflows for new software purchases
5. Create onboarding tasks and schedule training sessions
6. Log requests in your ITSM platform for complete audit trails

With Stepper's AI-native workflow automation, you can eliminate manual handoffs and ensure every actuarial software request moves efficiently from submission to deployment.

Customize for Your Organization's Needs

Every insurance company and financial institution has unique software standards and approval processes. This Paperform template is fully customizable:

• Add or remove specific software options based on your licensed tools
• Include additional approval steps for high-cost licenses or specialized software
• Integrate with your identity management system for automated provisioning
• Add custom fields for your organization's cost center codes or project tracking
• Embed the form in your intranet or IT service portal

Why Paperform for Actuarial IT Requests?

Paperform is the ideal solution for insurance and financial services IT teams that need professional, secure, and flexible forms:

• SOC 2 Type II compliant and GDPR-ready for handling sensitive employee and business data
• Conditional logic to show relevant fields based on software type or request complexity
• Integration-ready with IT service management tools, approval platforms, and asset tracking systems
• Professional appearance that matches your organization's brand and IT portal design
• Real-time notifications to keep requesters informed throughout the approval process

Whether you're supporting a team of life actuaries running complex mortality projections, P&C actuaries calculating loss reserves, or pension actuaries performing plan valuations, this template helps you manage software access efficiently while maintaining the controls and documentation your organization requires.

Get started with this actuarial software request template today and bring order to your specialized software procurement process.