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Toiling in the Actuarial Vineyards: Accelerating Traditional Experience Analysis With GLM Trees
Toiling in the Actuarial Vineyards: Accelerating Traditional Experience Analysis With GLM Trees ... application of GLM trees to mortality modeling using the Individual Life Experience Committee 2009-2015 ...- Authors: Philip Lance Adams
- Date: Apr 2020
- Competency: Communication; Results-Oriented Solutions
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Experience Studies & Data>Mortality; Life Insurance; Experience Studies & Data>Table construction
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GET BETTER ACQUAINTED WITH YOUR KNOWN UNKNOWNS
UNKNOWNS Uncertainty of a predictive model is a fact of life that many insurers could be overlooking at their ... predictions to the number of heads expected. A mortality analysis case study illustrates how the Bayesian ...- Authors: Dan Kim, Boyang Meng
- Date: Apr 2020
- Competency: Results-Oriented Solutions
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Experience Studies & Data>Mortality; Predictive Analytics>Modeling techniques; Predictive Analytics>Quality control & model governance
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Actuarial Superjobs: Evolving Roles Demand an Integrated Skillset
the 2019 Deloitte Global Human Capital Trends Survey indicated that their organization has already ... exams without a calculator, using a physical mortality table to price a product or calculating reserves ...- Date: Jan 2020
- Competency: External Forces & Industry Knowledge; Professional Values; Results-Oriented Solutions; Strategic Insight and Integration
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Actuarial Profession
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Exploiting While Exploring: An Introduction to Bayesian Optimization
parameters for Bayesian Hyperparameter Optimization in a Life Insurance context. By Nick Hanewinckel Predictive ... the space near prior optimal results). Example—Mortality Model For our example, we will use an xgboost ...- Authors: Nicholas Hanewinckel
- Date: Jun 2021
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Life Insurance; Predictive Analytics>Modeling techniques; Predictive Analytics>Programming languages & tools
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We All Have a Green Heart
on the subway in the direction of Green Heart Life Insurance Company for the first day of filming ... policyholders live longer. Let’s take a simple whole life insur- ance contract. The customer or policyholder ...- Authors: Anna Bearrood
- Date: Aug 2019
- Competency: Results-Oriented Solutions
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Actuarial Profession
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Kinky Business: Nonlinear Relationships in Linear Models
(P&C—frequency/severity) and Cox Proportional Hazards (Life—Survival). Due to the complexity and open-ended ... two and compare their results in a simulated mortality example. Readers are encouraged to research the ...- Authors: Nicholas Hanewinckel
- Date: Jun 2020
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Predictive Analytics and Futurism Newsletter
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Making Predictive Analytics Our Own
their best estimate of claims costs was $1,000 per life with a standard deviation of $50. To be conservative ... impact of consumer behavior on insurance products. Life actuaries, for example, are looking at ways to use ...- Authors: Joan Barrett
- Date: Dec 2016
- Competency: Results-Oriented Solutions
- Publication Name: Predictive Analytics and Futurism Newsletter