Description: Actuarial work in the life and health insurance industry is highly data-driven and complex. Actuaries perform a wide range of tasks such as experience studies, valuation, reserving, pricing, and risk modeling, all of which require vast amounts of data and sophisticated analytics. Traditionally, many of these tasks have been carried out using Excel and other legacy tools, but as data volumes grow and the need for more accurate predictions intensifies, actuaries are turning to more robust platforms. Cloud Data & Artificial Intelligence (AI) Platforms, such as t Databricks offer a unified platform that integrates data management, analytics, and machine learning, making it a powerful tool for actuaries. In this article, we’ll explore how Cloud Data & AI platforms can be used as an actuarial workbench, enabling actuaries in the life and health sector to streamline critical tasks like experience studies, valuation, and reserving.

Description: Legacy may seem far away, but for entrepreneurial actuaries, legacy is now. This article shows entrepreneurial actuaries how they can think of their legacy as the breadcrumbs they leave with their teams, their clients, and their community.

Description: In this real life case study, an actuarial candidate tried to get the hiring manager to increase the level of the position for which she was interviewing. Did that raise red flags about her candidacy? A compilation of reader responses is presented, along with what actually happened.

Description: The article highlights the importance of learning and development (L&D) for personal and professional growth. While many have access to resources like seminars and online courses, few fully utilize them. Genuine curiosity, behavior shifts, priority management, and discipline are key to effective L&D. Learning is an active, deliberate process, requiring consistent effort and time management. It’s important to set clear goals, create a timeline, and schedule regular progress checks. Rather than relying on motivation alone, building disciplined habits is crucial for sustained improvement. Ultimately, personal growth is a self-driven journey, not dependent on external validation.

Description: Practical application of Marine Corps leadership in a corporate setting. This article covers the objectives of Marine Corps Leadership and 14 leadership traits identified by the Corps and how they relate to an actuarial setting.

Description: A regularly occurring column in this Leadership and Development Section publication, it is a platform for the Section Chairperson to communicate with the readership regarding upcoming important topics that this Section will focus on in the current year. This article provides an overview of the new plan of focus for the newly-elected Leadership and Development Section Council for 2023.

Description: We explore the question of how an actuary–artificial intelligence collaboration might look in the future and how actuaries should be trained to best leverage this technology. It felt fitting to accomplish this through a conversation with an AI system, as AI involvement is warranted to ground the analysis in the technology’s true capabilities.

Description: Joint Risk Management Section chairperson's corner, June 2023

Description: An update on the activities of the JRMS