Description: 2021 ImpACT Conference - Session 4C: Technological Barbarians at the Gate: Learning from Upheaval in Other Industries 10.26.21 Recording

Description: The Society of Actuaries (SOA) Research Institute released an updated report summarizing current issues regarding actuarial technology. In March 2022, for a second time, the SOA Research Institute gathered a panel of insurance industry experts for an update on current actuarial technology topics to help identify directions for future research efforts. This report summarizes their discussions on the Actuarial operating model, technology risk and open-source software.

Description: An article from the August 2004 issue of Reinsurance Section News talking about the newly redesigned SOA Web site.

Description: Phil Gold reviews the effect of the competency framework on various stages of inception and development of the AXIS Actuarial System.

Description: Feature article describing what author thinks it will take for a life insurance company to be successful in the year 2020.

Description: This article introduces IT DevOps to actuaries and how it is applicable to them to improve their modeling efforts and make them more efficient.

Description: This research study aims to understand the current and planned use of various technology types and tools and to highlight those technologies that are anticipated to grow the fastest among actuaries in 2019.

Description: The aim of this research is to survey emerging data analytics techniques and discuss their evolution and growing use in the actuarial profession. Data analytics’ applications in life and non-life insurance will also be provided.

Description: The famous 80/20 rule in data science states that only 20% of your time working with data is spent driving insightful business analytics. The rest of your time is spent trying to query, clean and organize your data. Even with this knowledge, the majority of actuarial training/focus is on the 20 percent. This session takes a different approach, focusing solely on speeding up your work on the other 80 percent. Practical examples will be part of a code walkthrough in R.

Description: Almost every actuary will, at some point in their career, be called upon to perform work described as business as usual (BAU). BAU work takes on many forms, ranging from daily pricing or hedging exercises to annual valuation or audit support and nearly everything in between, however, a common thread among most BAU activities is that unusual issues have a tendency to arise, resulting in inefficiencies, long hours, and sometimes missed deadlines. Learn from a panel of actuaries that will relate tales of unusual issues that derailed BAU routines. Examine how these issues arose, the impact they had on the actuary's work and life, and steps that could prevent similar issues from occurring in the future, with a focus on governance, controls, and analytics. By attending the session, you will: Understand some of the common pitfalls that can interfere with smooth BAU operations, as well as some strategies that can be employed to mitigate or prevent issues in their own BAU work.