The Double Diamond Framework

Actuarial decisions can be informed by the same processes used in software design. The double-diamond product design framework has four main steps: Discover, Define, Develop, Deliver. This framework, though intended for product design, can be applied to many decision making processes. By incorporating aspects of this framework into the decision-making process, leaders and actuaries can make sure they are delivering the best solutions that innovatively solve the real problem facing the business.

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➡️ Explain the double-diamond framework as it applies to product design and actuarial applications.
➡️ Implement the double-diamond framework in the decision-making processes of their team.
➡️ Support the use of this framework by identifying times in the past where this would have been a helpful exercise.

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