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The Future of Actuarial Models
The Future of Actuarial Models A look at the near future and far future of various elements of Actuarial ... Models as defined through ASOP 51. What is driving the complexity for inputs, calculations, and outputs ...- 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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The Man, the Myth, the Machine
The Man, the Myth, the Machine The barrier between humans and machines continues to blur, but curiously ... prediction thousands of years ago in ancient myths. This article looks to how some of the early legends are ...- Authors: Nathan Worrell
- Date: Nov 2023
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Long-Term Care News
- Topics: Long-term Care; Technology & Applications; Technology & Applications>Analytics and informatics; Technology & Applications>Business intelligence; Technology & Applications>Computer science; Technology & Applications>Data warehousing; Technology & Applications>E-commerce; Technology & Applications>Social media; Technology & Applications>Software; Long-term Care>Long-term care innovation; Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Audio-visual; Technology & Applications>Automation; Technology & Applications>Blockchain & cryptocurrency; Technology & Applications>Cyber risk; Technology & Applications>Finance transformation; Technology & Applications>Telematics; Technology & Applications>Visualization; Technology & Applications>Wearables & implants
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Gaining Trust in Predictive Models—an Actuarial Perspective
Actuarial Perspective This article provides an overview of activities that should be considered by an actuary ... provides an examination of various methodologies that can be implemented in the validation process. By ...- 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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Data Science Meets InsurTech Startup: An Illustrative Profile
Meets InsurTech Startup: An Illustrative Profile As the insurance industry continues to evolve due to a pandemic ... changing economic and regulatory conditions, the role of data scientists and actuaries has become increasingly ...- Authors: Mark Spong, Dror Katzav
- Date: Aug 2023
- Competency: External Forces & Industry Knowledge; Professional Values; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Innovators & Entrepreneurs
- Topics: Actuarial Profession; Actuarial Profession>Entrepreneurism; Actuarial Profession>Professional development; Technology & Applications; Technology & Applications>Analytics and informatics; Technology & Applications>Business intelligence; Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Automation
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Society of Actuaries Research Institute Receives National Science Foundation Grant to Implement Wildfire Research Applications
Society of Actuaries Research Institute Receives National Science Foundation Grant to Implement Wildfire ... Applications The Society of Actuaries (SOA) Research Institute received a grant from the U.S. National ...- 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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Plug and Play and Society of Actuaries Working Together on InsurTech Professional Development and Learning Opportunities
Plug and Play and Society of Actuaries Working Together on InsurTech Professional Development and Learning ... conference in Las Vegas, the Society of Actuaries (SOA) and Plug and Play today announced the two organizations ...- 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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Technology and Skill Trends in the Actuarial Profession
Technology and Skill Trends in the Actuarial Profession Big data, predictive analytics, machine learning ... AI will likely transform the insurance market and the actuarial profession. The actuarial profession is ...- Authors: Julie Curtis
- Date: Aug 2020
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Actuarial Profession; Technology & Applications; Technology & Applications>Analytics and informatics; Technology & Applications>Artificial intelligence & machine learning
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Building digital and data driven insurance operation ecosystem
impacting the health insurance operations on 3 core challenges. Document processing: A lot of documents ... generated in the healthcare ecosystem, medical reports, diagnosis, invoices etc. Currently most of the documents ...- Authors: Chun King Lee
- Date: Sep 2019
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration
- Topics: FinTech & InsurTech>Customer acquisition; FinTech & InsurTech>Disruption; Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Audio-visual; Technology & Applications>Automation
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Bread, Milk, Cheese, Eggs and an Insurance Payment
for the week. He walks away smiling because he saved $10 on fresh produce and applied half of the savings ... month, his mulplier went up and now $1 buys him $125 of insurance. He’s praccally skipping to his car ...- Authors: Nathan Worrell
- Date: May 2024
- Competency: Strategic Insight and Integration
- Topics: Technology & Applications; FinTech & InsurTech; FinTech & InsurTech>Customer relationship management; Technology & Applications>Artificial intelligence & machine learning
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Session 18: AP - Using Predictive Models for Life Insurance Assumptions
for assumption setting (mortality, lapse, etc.). The multivariate approach has its advantages in handling ... simple modeling practice. One must take care to address how the model is applied and its business implications ...- Authors: Rosmery Cruz, Dihui Lai
- Date: Sep 2019
- Competency: Strategic Insight and Integration
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Management skills; Technology & Applications>Artificial intelligence & machine learning