How Actuaries Can Take Control of Illustration Logic Without Coding

Illustration systems are fundamental to life insurance – they connect actuarial pricing, sales teams, and policyholders. Yet for many insurers, managing illustration logic remains a highly manual and time-consuming process.

Actuaries typically develop pricing models in spreadsheets, which must then be translated into production systems through IT teams or third-party vendors. This process ensures accuracy but introduces significant inefficiencies. Even small updates – such as a rate change – require extensive coordination between teams, multiple review cycles, and careful implementation to maintain consistency across systems.

For actuaries, this means valuable time spent explaining logic and waiting for updates to go live.

For IT teams, it means balancing these requests alongside other priorities.

This dependence on manual processes not only creates bottlenecks but also delays product launches and slows market responsiveness.

But what if your illustration logic could be updated instantly, without disrupting existing workflows?

What if you could...

• Update illustration logic in minutes, not weeks?
• Manage changes independently, without IT bottlenecks or extensive manual work?
• And turn your illustration spreadsheets into powerful APIs that integrate seamlessly across core systems?

Automate Illustration Workflows with Coherent Spark

Coherent Spark changes how insurers manage illustration logic by converting Excel models into production-ready APIs – no coding expertise required. Here's how:

• Upload and Convert – Simply upload your existing illustration model to Coherent Spark. It instantly converts your spreadsheet – with all its inputs, assumptions, and calculations – into an API that works seamlessly across pricing, quoting, e-app, sales systems, and customer portals.
• Real-Time Updates – Any change you make to your illustration model is instantly reflected across all connected tools, keeping data consistent and eliminating version control issues.
• Automated PDF Generation – Generate professional, structured reports directly within the Coherent Spark platform, saving time and removing the need for external tools.
• Faster, More Accurate Outputs – Produce benefit illustrations and premium quotes in real time, dramatically improving response times and speeding time-to-market.

Watch how easy illustration management can be:

A Smarter Way to Deploy Illustration Logic

Traditionally, when actuaries finalize pricing for a product, they hand off illustration spreadsheets to their IT team or a third-party vendor to manually code into the illustration system. This process is expensive, slow, prone to errors, and creates unnecessary complexity.

With Coherent Spark, actuaries gain the ability to manage and deploy changes themselves.

Instead of waiting weeks or more for simple changes to go live, they can adjust rates and deploy new logic in minutes – all without disrupting your existing workflow.

See how you can create custom PDFs in Coherent Spark:

The Power of API-Driven Illustrations

By modernizing illustration workflows with an API-driven approach, actuaries can reclaim control over their models and output while enabling more efficient collaboration with IT teams.

Instead of manually passing product logic and specifications back and forth in spreadsheets, Coherent Spark helps actuaries automate extensive workloads with minimal effort. This accelerates the entire process and eases the burden on IT partners.

Illustration management should be simple, fast, and adaptable.

Coherent Spark eliminates repetitive tasks, reduces inefficiencies, and transforms the traditionally manual process into a streamlined, scalable solution. The result? Products and updates that respond to market changes in minutes rather than months.