Data Analytics

Podcast

Driven by Data: In conversation with Rob Daly

Increasingly, business strategy is data driven. Do we as actuaries have sufficient training? Are we equipped to be business leaders and what skills do we need to become more effective? Actuary and Managing Director of Insurance at Westpac, Rob Daly, joins the Driven by Data Podcast to predict how actuaries can lead the change to a data driven strategy.

Highlights

Kaggle Competition – Modelling of claims costs and a deep dive into the winning solution

Earlier this year, the Actuaries Institute, Institute and Faculty of Actuaries and the Singapore Actuarial Society hosted a competition on Kaggle to promote development of data analytics talent, especially amongst actuaries. This article discusses the winning solution for the competition. In particular, how the winner derived features, built and evaluated the model which led to the best performance.