Description: This session will examine bias from a social science perspective. It will discuss the three types of systemic biases using the National Institute of Standards and Technology (NIST) model. The NIST model details the three types as historical bias, societal bias, and institutionalbias. The session will also provide several examples of each type to provide a framework for identifying the social structure of bias.

Description: Biases can creep up in models in numerous ways. After discussing various forms of bias, presenting a framework useful to manage bias in models, and contextualizing this effort in the current environment, this session will focus on practical issues faced by the industry.

Description: Research demonstrates that agile companies have outperformed others in adapting to COVID-19. This presentation will establish the need for organizational agility to keep pace with industry changes and share research and tools related to psychological safety to help create behaviors that lead to organization agility. Hear the importance of company purpose to motivate, engage and empower a workforce and discuss execution structures that can be put in place to create effective test and learn innovation teams that are creative, efficient and results-oriented.

Description: Come discuss the benefits and challenges of collaboration between academic institutions and industry stakeholders in shaping actuarial education and research agendas. Register for this event now.

Description: This session is an in-depth interview of Amanda Hug and Micheline Dionne, president of the SOA and past-president of the International Actuarial Association (IAA), respectively. SOA is the largest professional society for the actuarial profession, and the IAA represents actuaries from over 100 countries. We’ll touch on topics such as AI, the future of work for actuaries, DEI (Diversity, Equity and Inclusion), among others. At the conclusion of the session, the attendees would be able to get a better understanding of the strategic directions of both organizations and how each plans to navigate its perceived challenges and opportunities. Interviewees: Amanda Hug, FSA, MAAA, Director at WTW, incoming president of the SOA Micheline Dionne, FCIA, Past-President of International Actuarial Association (IAA) Interviewer: Jing Lang, FSA, FCIA, President of Deepwork Academy and host of the Be Brilliant with Jing Lang podcast.

Description: This session will explore the considerations and best practices for developing AI tools that are useful, safe, and transparent for actuarial work. While large language models (LLMs) offer exciting possibilities, it is crucial to understand when and how to use them effectively. The session will cover key concepts of LLMs and case studies on developing AI tools for retrieval-augmented generation and summary creation of actuarial documents. Attendees will learn about the importance of designing workflows that nudge users towards safe and effective processes. By the end of the session, participants will gain insights into the responsible use of LLMs in actuarial practice and learn how to leverage their potential to support professional growth.

Description: As artificial intelligence reshapes the actuarial landscape, this panel will explore the critical aspects of change management necessary for the successful integration of AI technologies. We will discuss how to effectively embrace AI in the workplace and address common challenges and resistance to change. Join us for an engaging discussion on navigating this transformative journey and empowering actuaries to harness the full potential of AI in their work.

Description: Virtual - Session 1A: From Actuary to Data Scientist - Career Journeys into AI