Description: Global megatrends in technology are disrupting the life insurance industry.

Description: Big data, predictive analytics, machine learning and AI will likely transform the insurance market and the actuarial profession. The actuarial profession is seeing changes many markets, including health and property and casualty. This article describes these trends and provides an introduction into what companies and the Society of Actuaries (SOA) are doing to adapt and capitalize on these trends.

Description: This paper investigates easy-to-implement techniques and tools developed to reduce sample-run errors and sampling bias arising from using small risk scenario samples to replicate a very large population distribution at the tails.

Description: This paper reviews the applications of operations research methods in the insurance industry. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: Despite the advent of COVID-19, autonomous vehicle (AV) market leaders continued to invest in technology and to establish partnerships with vehicle original equipment manufacturers (OEMs)

Description: This note presents a review of calculator financial functions for the Texas Instruments BA II PLUS calculator. This note, including a number of the examples used as illustrations, is reprinted with permission from the 3rd edition of the book Mathematics of Investment and Credit, by S. Broverman. Also, several examples from SOA/CAS math of finance exams old Course 2 will be presented illustrating the use of the calculator.

Description: Actuarial Process Optimization (APO) is a technology-focused methodology for bringing together actuarial and technology teams to critically examine and optimize actuarial processes, specifically targeting processes that are most time consuming and have the highest risk of failure. From claims analytics to valuation and experience analysis, modern technology can help actuaries optimize their time and focus their attention on higher value tasks. In this session, we will explore opportunities for APO in the Health insurance industry and demonstrate how technology can be used to improve the actuarial process using an agile and targeted approach.

Description: 2021 ImpACT Conference - Session 10E: Azure Synapse for Actuaries | Solvency II Use Case 10.28.21 Recording

Description: Come discuss modeling costs and its governance, as well as introduce some platforms for more granular asset modeling.

Description: Cluster modeling is emerging as a powerful technique to manage cloud costs and run time. It also enables quick responses to "what if" scenarios, and aids in attributing results between reporting cycles. In this webcast, we provide insight into cluster modeling, present case studies that focus on various key performance indicators and discuss the benefits and challenges to cluster modeling from an insurer’s perspective. We also discuss the considerations associated with moving from an on-prem based computing solution to a cloud-based approach.