Description: Chairperson's column for the May 2019 issue of Predictive Analytics & Futurism.

Description: High level overview on how to implement a risk adjustment chart chase program.

Description: Actuaries can empower their understanding of policyholder behavior with third party data. Modeling policyholder behavior should start from developing knowledge of who they are, instead of actuaries assuming what a rational behavior should be.

Description: Feature article describing how exponential technologies will affect the actuarial profession.

Description: The author reviews the book, The Perfect Swarm: The Science of Complexity in Everyday Life, by Len Fisher. He provides his own interpretation of the power of the swarm and touts the book as a straightforward and informative introduction to various aspects of complexity science.

Description: Spark offers a way to get some dramatic speed and scalability advantages over the Map-reduce methodology whenever you are doing iterative data processing and particularly when you want interactive data analysis capability. Find out why “lazy execution” can be a desirable characteristic when dealing with big data.

Description: Can the aggregate results from a group be used to forecast something as subjective and judgmental as one single person’s opinion? Forecasting of this type commonly uses a set of techniques known as collaborative filtering which is discussed at length in this article.

Description: Given the ubiquity of judgmental forecasting, it is important to understand the potential biases inherent in human judgment—the traps that can snare us—and to learn methods and best practices to avoid them. The aim of this article is to help readers with these goals.

Description: The author discusses the two-part presentation on complexity science tools at the SOA Annual Meeting October 2010. He explains that presentations went back to basics with explanations about the difference between modeling tools used to employ deterministic methods for classical actuarial models.

Description: Read the April 2019 issue of Predictive Analytics & Futurism published by the Predictive Analytics & Futurism Section of the Society of Actuaries.