Report

Introducing meetups - Zeming's data analytics ‘meetup’ files -

Six months ago, Zeming Yu stumbled upon data analytics ‘meetups’ and he’s never looked back. Here, he outlines the wealth of learning (and pizza) he’s gained since making the discovery.

Jobs for Actuaries – past, present and future

A recent survey by the Actuaries Institute asked members about their education, employers and job functions (past and present), and where they expect and hope to be in 10 years’ time. Deputy CEO of the Institute Elayne Grace reports on the findings.

Wealth Management Investment Competition 2017-2018 and Last Year’s Results

Last year 163 participants answered 20 demanding propositions put to them as if they were an Investment Analyst / Economist in the Wealth Management Investment Competition. Overall the profession did pretty well with a 62% hit rate. Some did very well – two with 100% hit rates - while others have much explaining to do! Are you willing to go again for 2017-18?

Analysts at Atlassian and LinkedIn take out Actuaries Kaggle Competition

A trio of former work colleagues ‘the Nelson Boys’ won the 2016 Actuaries Kaggle Competition to predict the cost of motor vehicle accidents on Victorian roads.

Revamped Health CPD Course

Bronwyn Hardy and Barry Leung outline the Actuaries Institute's updated online Private Health Insurance CPD Course in light of significant changes in the private health insurance sector.

The evolution of disability insurance within superannuation

Disability cover has received considerable media attention recently which has led to significant analysis and review from superannuation funds and their insurers (and reinsurers) on several key issues. Here, Senior Consultants at Rice Warner, Geoff McRae and Andrea McDonnell, outline the issues and the future of this evolving provision.

Blockchain in Insurance

Dimitri Semenovich outlines some of the foundational concepts of blockchain technology, ahead of his upcoming presentation on the subject at the 2016 GI Seminar.

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Analytics-assisted triage of workers compensation claims

Director of Data Science Inna Kolyshkina and Scheme Actuary at ReturnToWorkSA Ivan Lebedev combine forces to explain a project undertaken to explore the usefulness of advanced data analytics capability for ReturnToWorkSA.

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Better Recovery through Neuroscience

An understanding of basic neuroplasticity could help make our worker’s compensation claims systems less harmful and more sustainable. Rob Aurbach outlines his award-winning research paper.

What Insurers can learn from Pokémon Go!

Actuarial analyst Amy Li outlines some of the weirder headlines flowing on from various brands and insurers jumping on the Pokémon GO bandwagon, and how the ‘gamification of exercise’ and augmented reality could transform insurance.

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Citius, Altius, Fortius: How can actuaries reinvent themselves?

With the Rio Olympics around the corner, the Olympic motto “Citius, Altius, Fortius” (Faster, Higher, Stronger) offers a topical yet trenchant inspiration as to how actuaries should be critically examining their roles, careers, and potential. Marc Mer, Magnolia Aspiras, and Kaise Stephan consider this, especially in light of the APRA consultation paper on the role of Appointed Actuaries.

DAT203x: Data Science and Machine Learning

How long has the concept of Data Science been around and what are the best tools available for mining 'big data'? A new MOOC coordinated by the Actuaries Institute's Data Analytics Working Group presented the latest knowledge in this exciting field. Course participant Kriti Khullar AIAA, reports.

Insuring Cyber Risk – Concerns about Risk

A lack of reliable data on cyber risk should be a short-term problem as the market matures, write actuaries Susie Amos and Alina Pettifer in the final instalment of this Two Part series on insuring cyber risk.

Insuring Cyber Risk – Concerns about Coverage

What are the risks and opportunities in defining and pricing insurance cover for cyber risk? Actuaries Susie Amos and Alina Pettifer explore concerns about coverage in Part One of this Two Part series.

How to lose your shirt in private health insurance: Part one

In this first instalment of a two-part series, actuaries working in the Private Health Insurance (PHI) industry examine the prudential risks to capital in PHI in Australia.

Managing Change in the Life Industry

John Trowbridge is calling for life insurance companies to create more innovative ways to interact with customers. Here, he outlines his recent address to the March 2016 FSC Life Insurance conference.

O'Dwyer waters down the Frydenberg reforms

Actuary and JP Morgan Insurance Analyst Siddharth Parameswaran reports on the revised reforms of the Australian life insurance industry.

IAA Sections – tell me more

International Council Committee Convenor Martin Stevenson demystifies the International Actuarial Association Sections.

A shallow dive into smart beta within equity

Henry Zhang breaks down smart beta to explain what these investment strategies are made of.

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The reinsurance market in the face of change

For over three years Dr Paula Jarzabkowski, Dr Rebecca Bednarek and Dr Paul Spee have observed the reinsurance market. Here, they report on significant changes over the years.

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