The SOA’s Actuarial Innovation and Technology Strategic Research Program highlights actuarial research, surveys and papers on the use of new technology involving the actuarial profession. The program is also designed to share how actuaries develop new innovations in this space. Topics include predictive analytics, artificial intelligence, machine learning and how actuaries use computational power.
Actuarial Innovation & Technology Strategic Research
The SOA Strategic Research Programs emphasize the skillset and thought leadership of actuaries, and help provide insights to members, stakeholders, and the public on socially relevant topics.
Actuarial Innovation & Technology Strategic Research
Research Reports
Considerations for Predictive Modeling in Insurance Applications
This report includes a review of existing literature and current industry practices, as well as a comprehensive set of considerations for predictive modeling in insurance applications.
Behavioral Science Report
Situated at the intersection of psychology, neuroscience, sociology, and economics, behavioral economics (BE) centers on applying an honest understanding of human behavior to practical problems.
Technology in Microinsurance
This literature review provides insights on emerging technologies that interact with the actuarial profession within the space of microinsurance for the purpose of establishing a frame of reference for actuaries to use in their work.
Cloud Computing and Machine Learning Uses in the Actuarial Profession
Actuarial modeling has gone through several distinct phases largely defined by the underlying technology platform. Today, cloud computing is again redefining the technology foundations of actuarial modeling and related processes.
Big Data and the Future Actuary
The purpose of this report is to review the existing literature on how today’s unprecedented access to data is reshaping the capabilities of insurance actuaries.
Cancer Genomics
Traditional pillars of cancer treatment – surgery, radiation, and chemotherapy – are moving to two new efficacious approaches: tumor genomics and immunotherapy. This analysis report introduces SOA stakeholders to these brand-new areas, examines the growing clinical evidence, and sets initial projections for cost effectiveness.
Insurance Regulatory Issues in the United States
This research examines the intersection of U.S. insurance ratemaking and analytics techniques in advanced modern rating systems and associated regulatory considerations in the U.S.