22 July 2024
The IFoA has partnered with the Chartered Institute for Securities & Investment (CISI) to support actuaries to enhance their understanding of ethical issues when deploying artificial intelligence (AI).
With the rapidly accelerating profile, development, and use of AI, actuaries involved in this work must carefully assess the potential risks, apply their skills in an ethical manner, and consider the wider public interest.
To support members to explore the fundamental ethical and management issues in the deployment of AI in finance, the IFoA has partnered with CISI to offer IFoA members signing up to CISI’s Certificate in Ethical Artificial Intelligence a 50% discounted rate.
CISI’s Certificate in Ethical Artificial Intelligence is a short course covering the fundamental ethical and management issues in the deployment of AI in finance. Learners will study global developments in the field of AI and regulators’ responses to them, plus AI ethical dilemmas and what they mean for financial services.
The CISI launched its Certificate in Ethical Artificial Intelligence in November last year as part of its campaign to champion ethics and transparency in the use of AI. The Certificate was introduced as part of London Lord Mayor Michael Mainelli’s ethical AI initiative.
Kalpana Shah, IFoA President, said: “We are pleased to partner with CISI to deliver this ethical AI training. Many of our members are already engaged with AI, but it is vital for all actuaries to grasp both its potential and implications. We want to support our members in building their AI expertise in a range of areas including enhancing analytics, improving processes, providing oversight, and ensuring ethical use while avoiding biases. This course is a valuable addition as we continue to build our AI-focussed learning offer for members.”.
Find out more and book your place