The IFoA Review Team has published its seventh report Actuaries using data science and artificial intelligence techniques.
Actuaries are well-placed to use data science, and associated modelling techniques, to address a wide range of problems. This review used case studies, provided by participating members and their organisations, to examine how actuaries are using, applying, or developing new ways to use existing and emerging data science and AI techniques to their areas of practice in the field.
To support the publication of the report we hosted a webinar in March 2024 to explore the key findings. Members can now watch a video of the webinar on the IFoA Virtual Learning Environment (VLE).
Report author Alan Marshall, IFoA Review Actuary, said:
“Thank you to everyone who has participated and given time to our review. This has undoubtedly helped us in assessing relevant findings to support both our members and the regulatory activity of the IFoA. I hope the findings and conclusions are of interest to a wide audience and we look forward to ongoing discussions and debate in this exciting field.”
