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Bias and Fairness in Modeling and Underwriting
claims, electronic health records and credit-based mortality scores.[1] The use of new data sources and automated ... decommission models that are deemed high risk.[1] The U.S. has not been as prescriptive about AI regulation ...- Authors: Hareem Naveed, Benjamin Brew (Ben)
- Date: Sep 2022
- Competency: External Forces & Industry Knowledge; Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Actuary of the Future
- Topics: Modeling & Statistical Methods; Public Policy
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University of Minnesota and University of St. Thomas Co-Host 2016 Actuarial Research Conference (ARC)
Research Conference (ARC) By Laurie Derechin This year’s ARC theme is “Strengthening Industry and Academic ... Minnesota’s Minnesota Center for Financial & Actuarial Mathematics and the University of St Thomas’s Actuarial ...
- Authors: Laurie Derechin
- Date: Apr 2016
- Competency: Leadership; Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Expanding Horizons
- Topics: Actuarial Profession; General Insurance (Property & Casualty); Health & Disability; Life Insurance; Modeling & Statistical Methods
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The Ethical Actuary—a Tautology: Never let it Become an Oxymoron!
financial calculations. Our motto has long been Ruskin’s famous quote that “The work of science is to substitute ... discuss some of the latter cases in this article. Let’s start with a very simple example. Assume that model ...
- Authors: David Snell
- Date: Aug 2021
- Competency: Communication; Professional Values
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Actuarial Profession; Modeling & Statistical Methods
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Writing Effective Model Documentation
model, such as dynamic lapses or experience mortality, it would be appropriate to include them in the ... should be documented for a represen- tative “cell(s)” used in the aggregation variations in modeling for ...- Authors: Jeffrey Scott Jardin
- Date: Nov 2019
- Competency: Communication; Professional Values
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Professional development; Modeling & Statistical Methods
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Beware stochastic model risk!
staple of actuarial work. In the life insurance and annuity business, they are often used for hedging of long-term ... stochastic model and fit the IS SU E 74 A U G U ST 2 01 9 4 | AUGUST 2019 RISKS & REWARDS ...- Authors: Stephen Strommen
- Date: Sep 2019
- Competency: Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Risks & Rewards
- Topics: Modeling & Statistical Methods; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Simulation; Modeling & Statistical Methods>Stochastic models
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51st Annual Actuarial Research Conference
committee said they wanted to hear about: Longevity’s Impact on Insurance & Public Policy Climate Change ... bank of the University of Minnesota’s Twin Cities campus. McNamara’s design is inspired by the Minnesota ...
- Authors: Laurie Derechin
- Date: Oct 2016
- Competency: Leadership; Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Expanding Horizons
- Topics: Actuarial Profession; Enterprise Risk Management; General Insurance (Property & Casualty); Health & Disability>Health insurance; Life Insurance; Modeling & Statistical Methods; Predictive Analytics
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Letter from the Editors
Letter from the Editors An overview of the articles in the November 2019 issue of The Modeling Platform, ... first looks at upcoming accounting changes for U.S. Generally Accepted Accounting Principles (GAAP) ...- Date: Nov 2019
- Competency: Communication; Professional Values
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Professional development; Modeling & Statistical Methods