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.

Going global - Interviews with IAA representatives

Kirsten Flynn is a Member of the International Committee. In this article, she speaks to Brendan Counsell, Fred Rowley and Nicolette Rubinsztein about their involvement with the IAA and reflections on the recent IAA meeting in Berlin.

Private Health Insurance: metallic paint, game theory and product standardisation

The interaction of reforms to categorise all hospital insurance products into Basic, Bronze, Silver and Gold with the commercial and political environment will require careful planning and detailed risk assessment, writes Barry Leung.

The role of the actuary in social schemes – National Redress Scheme for Child Sexual Abuse

The Royal Commission engaged actuaries at Finity Consulting to conduct an actuarial assessment of the potential costs of an Australian National Redress Scheme, estimating it would cost around $4 billion. Here, Danielle Casamento discusses the estimates and the framework used for assessing liabilities.

Actuaries Digital download and print edition - July 2018

Welcome to our PDF round-up of the articles posted on Actuaries Digital during July 2018.

Finding meaning in retirement – and the role of a coach

With longevity on the increase in Australia, how can a person plan a satisfying retirement, given that it may last for several decades? Dr Jon Glass describes some of the emotional, non-financial, considerations at play.

Wealth Management Investment Competition 2017-2018 Results

Last year 154 participants answered 20 demanding propositions put to them as if they were an Investment Analyst / Economist in the Wealth Management Investment Competition. Who came out on top?

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.

Rice Warner walking the walk on diversity and inclusion

With Rice Warner nominated as ‘Employer of the Year’ in the Women in Financial Services Awards 2018, Lesley Traverso discusses the actuarial firm’s ‘Valuing Females Policy’ which includes additional superannuation contributions.

Mental Health and Insurance - Understanding. Validating. Contributing

Chief Actuary for Medibank Private, Andrew Matthews outlines the prevalence of mental health conditions, government spending, and the role of insurance in improving services.

Reflections from Actuary Today 2018

Kelvin Hii shares his experience in representing the Actuaries Institute at the Universiti Tunku Abdul Rahman’s Actuary Today event in Kuala Lumpur, Malaysia.

Climate Change Blog - July 2018

Welcome to the first instalment of the Climate Change Blog, an article series that aims to cover news and events related to climate change and relevant to actuaries and the industries they advise. This month’s edition summarises news relating to transition risk.

A day in the life of a hospital treating team: ensuring best patient care

Raymond Yeow discusses the structure and operational practices of hospital treating teams with a view to inform future model design for hospital infrastructure, workforce analytics projects, or productivity initiatives.

Fast five with Fintechs - PFS Consulting

In this instalment of 'Fast five with Fintechs', we ask Adrian McGarva about his experience setting up a uniquely structured fund and providing advice to tech-based start ups and more mature companies via PFS Consulting.

Building a Gender Diverse Profession

This article looks at data on actuarial students at Macquarie University and the Australian National University (ANU) as well as international analysis, to see how we can attract women to and keep them in the actuarial profession.

CareerView Podcast - Job Satisfaction 101

In this instalment of the CareerView Podcast, Jas Singh and Mariella El-Azzi discuss how to create lasting satisfaction in actuarial roles to build a fulfilling career.

President’s Report to Members: June 2018 Council Meeting

Barry Rafe presents his report to members from the Actuaries Institute Council meeting held on 13 June 2018, including key issues discussed and decisions made.

Under the Spotlight - Anthony Bice

This week, Partner and Head of EMEA Insurance at Oliver Wyman, Anthony Bice goes Under the Spotlight. The Arsenal fan shares details of his actuarial journey and how he is passionately devoted to leaving things better than how he found them.