Generate Documentation for Actuarial Models and Processes

Thorough documentation is essential for transparency, repeatability, and regulatory compliance of actuarial work. LLMs can assist in generating draft documentation for models, processes, and assumptions based on the code, inputs, and descriptions provided by the actuary. This reduces the time spent on writing documentation, ensuring it is completed consistently. An LLM could generate initial documentation outlining the steps and data sources used in a reserving model.