Data Analytics

2018 General Insurance Seminar Event Report – Day One

More than 230 delegates gathered at the Sofitel in Sydney this week for the 2018 General Insurance Seminar. The event set out to inspire attendees to "Transform the Future" of the industry with Day One sessions including Consumer Trust, Mental Health, Data Led-Innovations in the Insurance Value Chain, and the launch of the Australian Actuaries Climate Index.

What makes a good data scientist? - Actuaries Podcast

Effective data scientists need to understand the workings of IT teams and identify the limits of truth in models, says Co-Founder and Chief Scientist at Ambiata, Tiberio Caetano, ahead of his Keynote Address at the 2018 General Insurance Seminar.

Geospatial Analysis and Data Science - Actuaries Podcast

Head of Actuarial and Analytics at World Nomads and Weapons of Mass Deduction judge Jacky Poon interviews Andrew Xu, Analyst at Finity Consulting, on his entry into the WOMD competition, focusing on Geospatial analysis and a career in data analytics.

The view from a start-up perspective: Is competition broken? How can it be fixed?

Insurtech, fintech and disruptor are the new buzz words. Ask John Connor a few years ago what these words meant and he would have pictured a mix of bohemian tech-savvy hipsters in a trendy office, a place not for the traditional actuary. He was wrong, there are many actuaries working in fintech and insurtech start-ups.

How can the government better use data? - The Dialogue podcast

The Institute’s latest Dialogue thought leadership paper explores where better outcomes can be delivered and significant savings can be made in social welfare through better data analytics.

When analytics projects go wrong - Normal Deviance

Many organisations have seen big-ticket analytics projects turn into a morass of expense, confusion and lacklustre results. While some mistakes are unavoidable, there are ways to make the best of such experiences.

History of AI Winters

Artificial intelligence (AI) is a very popular topic in the media now, but the concept of AI was first proposed almost 70 years ago. What happened in the AI research community over this time period and why did it take so long for the breakthroughs to occur? Milton Lim looks at the booms and busts of the AI industry over the years.

The ethics of machine learning - Podcast with Tiberio Caetano

With companies starting to pay the price for inadvertent unethical outcomes created by their systems and engineering, there is a need for data science professionals to understand and respect the discipline of ethics.

In conversation with the Australian Government Actuary - Podcast with Guy Thorburn and Elayne Grace

As the office of the Australian Government Actuary (AGA) nears 100 years of service, Elayne Grace caught up with the current AGA Guy Thorburn, to find out what the office does.

Analytics Snippet: Multitasking Risk Pricing Using Deep Learning

Jacky Poon shows you how to build a risk premium pricing model using deep learning, in this example for a motor portfolio - a classic general insurance problem.

International CPD opportunities

There are over 30 committees, subcommittees, task forces, and working groups of the International Actuarial Association. These groups all commission, create and share content that may be relevant to Actuaries Institute members. Links to some of the content discussed at the recent meetings in Berlin, Germany are provided below.

Fast five with Fintechs - M&A Solutions Ltd

In this instalment of 'Fast five with Fintechs', we ask Anna Knezevic about her experience setting up M&A Solutions Ltd, working on profit/capital optimisation based on incomplete data, and utilising data analytics to drive business insights.

Data Science: golden age or AI winter?

Milton Lim assesses the risks (both upside and downside) of the data science revolution and considers how best to ride the “Big Data” wave in the firt instalment of a series that explores the breakthroughs and philosophy of AI, computer science and data.

Analytics at the Virtual International Congress of Actuaries (VICA)

With over 150 hours of presentations available from ICA2018 in Berlin, we’ve had a look at some of the videos relating to Data Analytics and picked out a handful for suggested viewing.

Why packages are the new black

Hugh Miller comments on the plethora of packages available to data scientists, and its implications for businesses.

Trust me, I’m a computer model

“Letting the ATO link to other datasets may feel a little ‘big brother’ but it makes filling out my tax return massively simpler,” writes Hugh Miller as he considers the importance of trust in increasingly advanced use of data and models.

Actuarial skillset takes top spots in IAPA Top 25 Analytics Leaders list

Two Fellows of the Actuaries Institute and a Chief Data Scientist trained in actuarial science have featured in the Institute of Analytics Professionals of Australia's (IAPA) inaugural Top 25 Analytics Leaders program.

Fast five with Fintechs  - an introduction

Elayne Grace outlines a new Actuaries Digital series where we spend five minutes with Australian Fintech and Insurtech companies, asking about their products and start-up journeys so far.

Fast five with Fintechs - Plenty Wealth

Greg Einfeld, Director at Plenty Wealth outlines his journey in fintech and where he sees his business, and the broader fintech landscape heading.

Why is this the most exciting time to be a young actuary? - YAC 2018 report

The 2018 Young Actuaries Conference (YAC) began with more than 150 young actuaries around the country devoting half their day, seeking to be inspired. Chetana Koganti reports.

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