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Society of Actuaries Research Institute Receives National Science Foundation Grant to Implement Wildfire Research Applications
(SOA) Research Institute received a grant from the U.S. National Science Foundation (NSF) to educate insurance ... be developed by researchers from academia and the U.S. National Aeronautics and Space Administration (NASA) ...- Date: Oct 2023
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Topics: Actuarial Profession; Modeling & Statistical Methods; Modeling & Statistical Methods>Forecasting; Technology & Applications; Environment; Environment>Catastrophic event; Environment>Climate trends; Environment>Frequency / severity of extreme event; Technology & Applications>Artificial intelligence & machine learning
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The Future of Actuarial Models
of births and deaths. Since that day, the mortality table has had an impressive run as the core element ... inputs haven’t yet gone away. English Female Mortality. Publishers Charles & Edward Layton, Public domain ...- Authors: Nathan Worrell
- Date: Jul 2022
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Actuary of the Future
- Topics: Technology & Applications>Analytics and informatics; Technology & Applications>Software; Predictive Analytics>Modeling techniques; Technology & Applications>Artificial intelligence & machine learning
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Literature Review: Artificial Intelligence and Its Use in Actuarial Work
Literature ... 4 Copyright © 2019 Society of Actuaries TABLE OF CONTENTS ACKNOWLEDGEMENTS ................ ... ............................ 30 SECTION 6: MORTALITY MODELLING ...................................- Authors: Nicholas Yeo, Min Jyeh Ooi , Jie Yin Liew
- Date: Dec 2019
- Competency: External Forces & Industry Knowledge
- Topics: Technology & Applications; Technology & Applications>Artificial intelligence & machine learning
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Gaining Trust in Predictive Models—an Actuarial Perspective
order to understand this model selection process, it’s essential for the validator to understand how various ... duration is more significant than moneyness in the MIC table below. (see Figure 5) Figure 5 Illustrative Example ...- Authors: David Alison FSA (David)
- Date: Sep 2021
- Competency: Communication; External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Predictive Analytics>Modeling techniques; Predictive Analytics>Quality control & model governance; Technology & Applications>Artificial intelligence & machine learning
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Technology That Creates Flood of Data Can Also Help Actuaries Make Better Decisions
than just premium discounts. The J.D. Power 2020 U.S. Auto Insurance Study found 39 percent of auto insurance ... insurers closely align premiums with each customer’s driving behavior and actual miles driven. For example ...- Authors: Dennis Winkler
- Date: Aug 2021
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: News Direct
- Topics: Predictive Analytics; Technology & Applications>Analytics and informatics; Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Automation; Technology & Applications>Telematics
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Regulatory Outlook for AI in the Insurance Industry
Organization for Economic Co-operation and Development's (OECD) AI principles that have been adopted by 42 ... by states. Graph 2 Legislation Status by State Table 1 illustrates the legislations that have been enacted ...- Authors: Emily Li, DAVID DANIEL SHERWOOD
- Date: Oct 2023
- Competency: External Forces & Industry Knowledge
- Publication Name: Risk Management
- Topics: Public Policy; Technology & Applications; Technology & Applications>Artificial intelligence & machine learning
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Data Challenges in Building a Facial Recognition Model and How to Mitigate Them
the risk of underfitting the training dataset. Table 1 shows the full configuration used in the researcher’s ... age is harder to study and predict in nature. Table 1 AUTHOR’S IMDB DATASET CONFIGURATION Parameter ...- Authors: Society of Actuaries
- Date: Jan 2023
- Competency: External Forces & Industry Knowledge
- Topics: Technology & Applications; Technology & Applications>Artificial intelligence & machine learning
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Plug and Play and Society of Actuaries Working Together on InsurTech Professional Development and Learning Opportunities
agreement supports the SOA’s strategic plan and initiatives involving the organization’s long-term growth strategy ... 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more ...- Authors: Society of Actuaries
- Date: Sep 2019
- Competency: Communication; External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration
- Topics: Technology & Applications; FinTech & InsurTech; Technology & Applications>Artificial intelligence & machine learning
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Insurance Marketing Through AI: Real-World Examples
Through AI: Real-World Examples By Mike Prendes A s professionals, actuaries often hear of the enormous ... hearsay. Last year, 1,356 AI-related startups in the U.S. raised a record $18.5 billion, according to the ...- Authors: Michael Prendes
- Date: Jul 2020
- Competency: External Forces & Industry Knowledge
- Publication Name: News Direct
- Topics: Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Finance transformation
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The Impact of Artificial Intelligence/Large Language Models on Retirement Professionals and Retirees
the Society of Actuaries (SOA) Research Institute’s Aging and Retirement program is interested in an exploration ... the Society of Actuaries (SOA) Research Institute’s Aging and Retirement program is interested in an exploration ...- Date: Sep 2023
- Competency: External Forces & Industry Knowledge
- Topics: Technology & Applications; Technology & Applications>Artificial intelligence & machine learning