Healthcare claims data reflects who accessed care rather than who needs it. When AI and machine-learning models are trained on that data, they can look accurate overall while quietly underperforming for specific populations. For actuaries applying these models to pricing, screening, and care management, that gap is a real and often invisible risk.
This session introduces a practical framework for assessing representativeness and bias across three stages of model development, from data input to model building and application. Using controlled synthetic scenarios, we show how standard accuracy metrics can mask subgroup disparities, and how techniques like propensity-score matching and missingness-aware imputation partially address them.
Attendees will learn about a ready-to-use Excel tool that documents models in a standardized model card and helps compare model variants against their own priorities, bringing representativeness assessment directly into everyday actuarial practice.
The SOA believes this session may satisfy the USQS bias requirement, but ultimately, it is up to the individual actuary to determine if this session meaningfully contributes to their understanding of bias as defined by the USQS.
We highly recommend registering at least one day in advance of the webcast to ensure you receive the access instructions. A confirmation with access instructions is provided shortly after registering, along with a reminder the day before and 1 hour before the webcast. If you do not receive instructions to access the webcast, please email pd@soa.org.
Please note that attendees may not record this meeting or use unauthorized recording or automated meeting tools, including AI note-taking assistants, recording bots, and similar technologies, unless expressly authorized by the event organizer. Registrants should not invite, authorize, or otherwise enable these tools to join on their behalf. Attendance is limited to registered participants only.
Participants who require assistive technology as a reasonable accommodation should contact the event organizer in advance so appropriate arrangements can be made.
Webcast Pricing
Our standard webcast pricing is the convenient way to access a single SOA webcast. Visit the webcast registration information page for details.
Moderator(s)
Marilyn M. McGaffin, ASA, MAAA
Pan-American Life Insurance Co
Presenter(s)
Robert D. Lieberthal, Ph.D.
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