How can we predict building claims costs in Small Medium Enterprises (SME) across Australia using advanced statistical machine learning techniques? Or group and price hundreds of different industries based on data and business knowledge? How should we deal with sparse data spread across hundreds of categories? Commercial insurers are searching for solutions to these ongoing industry challenges, as well as young talents to contribute to their solutions. Dr Fei Huang describes the UNSW Business School’s Sandbox Project, which aims to do just that.
The Retirement Income Covenant has been a long time in the making. Will this change the superannuation industry’s focus to what really matters?
The Actuaries Institute has launched its latest Green Paper, titled 'Aged Care Funding: Assessing the Options and Implications'. The Green Paper, commissioned by the Institute and written by actuaries Gillian Harrex, Andrew Matthews, Hadyn Bernau and Kylie Hogan, calls for a considered conversation about funding of the Aged Care system.
In our previous article in this series, "Know thyself", we looked at member responses to HorizonScan35 research focused on the actuary brand and career support from the Actuaries Institute. Here, we look at how members perceive the future of the profession – and a holistic view of what our member research has to tell us.
Posted 10 June 2021
Posted 18 March 2021