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Gaining Trust in Predictive Models—an Actuarial Perspective
body mass index (BMI) are significant in predicting life insurance risk classes. Figure 4 Illustrative Example ... sense. A predictive model that predicts negative mortality clearly is not conceptually sound. Finally, the ...- 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