Description: Briefly reviews the history of Information Technology, IT, in the life insurance business. It then talks about the emerging trends in IT management and the impact they likely will have on the work of the life insurance actuary.

Description: This article looks at how the underwriting process has transformed from a paper process to become fully online. Not only has the process been digitized, there has been various innovations incorporating technology thus enabling large volume process automation, better customer experience as well as higher closing ratio. Other than improvement on speed and efficiency, various smart solutions are being explored to refine risk management through data mining and analysis of underwriting data.

Description: This article provides an overview of activities that should be considered by an actuary when validating a predictive model. It describes several components to consider when validating a predictive model and provides an examination of various methodologies that can be implemented in the validation process.

Description: This article offers ways to make use of Excel more efficient, by applying software development and design principles