2025 SOA ImpACT Conference:Session 4E: The AI Enhanced Actuary: How we are Creating the Most Elite Actuarial Workforce of the Future-11.04.25 Recording

In this session, we will explore the transformative potential of Artificial Intelligence (AI) in the actuarial profession. AI has the power to significantly enhance actuaries' contributions to organizations and society by automating complex tasks, providing deeper insights, and enabling more accurate predictions. We will discuss the essential skills required for future actuaries to thrive in an AI-driven landscape, including data analysis, machine learning, and ethical considerations.Key findings from SOA industry expert teams will be presented, highlighting the latest advancements and trends in AI applications within the actuarial field. We will discuss several top use cases where actuaries are leveraging AI in their daily work. The session will also address the risks associated with AI, including potential biases, data privacy concerns, and the need for robust governance frameworks. We will explore mitigation techniques to ensure that AI is implemented responsibly and ethically. Additionally, we will showcase the tools developed by the SOA to support the creation of AI-enhanced actuaries, such as PD Edge+, The AI Insights for Actuaries Symposium, AI Insights podcast, and the AI bulletin. These resources provide valuable guidance and training to help actuaries stay ahead in the rapidly evolving AI landscape.Our distinguished panel includes Jon Forster (SOA Learning and Content Design Director), Ronald Poon Affat (AI Expert, Independent Consultant, and SOA contractor), Joe Long (Consulting Actuary & Data Scientist at Milliman), and a SOA board member. Together, they will share their insights and experiences, offering a comprehensive overview of how AI is shaping the future of the actuarial profession.Join us for this enlightening session to gain a deeper understanding of AI's impact on actuarial work and discover how you can harness its potential to drive innovation and excellence in your practice.