Articles tagged "Data Analytics"

YAP Workshop - Climate Data and Insurance

Participants of a recent YAP Climate Workshop were asked to cast their minds forward to 2025 in a fictitious scenario where the small town of Derby, WA – now 'New Derby' – is a similar size to Darwin with a population of 100,000.

2018 Actuarial Hackathon - Update

The Actuarial Hackathon Committee is excited to provide a much anticipated update on its very first actuarial hackathon event, sponsored by Finity Consulting.

New FSF format includes international guest speakers

The 2018 Financial Services Forum’s innovative format includes a focus on ‘big-picture’ plenary and keynote speakers.

Using analytics to improve marketing - ADMA Data Day

Aaron Cutter and Luke Cassar share their impressions of the 2018 ADMA Data Day, including how marketing is getting more personal due to smarter analytics.

Can “traditional” actuarial methods be sexy?

Amongst much talk about data science and new analytics techniques, Ashish Ahluwalia challenges the profession to be bold in sticking to their roots and take their toolkit of ‘traditional’ actuarial methods into a broader industries outside of insurance.  

The Asher Approximation

John De Ravin is a member of the Institute’s Retirement Incomes Working Group and in this article he shares a suggestion made by the Convenor of that Working Group, Anthony Asher.

Gender pay gap for actuaries: an update

Jennifer Lang looks at the latest stats on average pay for actuarial men and women and finds that, if female actuaries are discriminated against (which there's no proof of), it's not as bad as it is for accountants!

How artificial intelligence is changing retail value perception

Actuary with Woolworths Group, Jo Chidwala outlines the most popular types of AI, what they can do for retail and why those who invest in cognitive insights will reap long term rewards.

Becoming an Analytics-Based Insurer: A Road Map – Part 1

Stephen Lowe, former managing director at Willis Towers Watson and past President of the Casualty Actuarial Society, shares his views on the benefits of combining actuarial knowledge and data science. This is part one of a two-part series, focusing on the requisite skills and technological advances driving current data science innovations.

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A not-so-actuarial look at the marriage equality ballot

David Kwak from Actuarial Edge looks at the demographic data of the marriage equality ballot to find some interesting facts on participation rates, proportion of yes votes and differences in votes across states and territories. 

Automatic machine learning - Zeming's data analytics ‘meetup’ files

It's the year 2025. As an actuary for a major software vendor, you've just been asked by your boss to figure out why the algorithm liability claims are deteriorating.

Data Analytics powers NRL plays, health reform and research - 2017 Data Analytics Seminar report

From determining game-changing NRL plays, to detecting fraud in Australia's $1 billion health care system, data analytics is a powerful force. At the recent Actuaries Institute Data Analytics Seminar, attendees were challenged to think “beyond the data science bubble” and find ways to harness their existing skills in the exciting world of analytics. Michael Storozhev reports.

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.

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Normal Deviance - A Tale of two CT(O)s

A big data parable, wherein Alice learns steady steps and Bob aims big.

Bringing Analytics to Life

Basem Morris reports on the intersection of predictive analytics and behavioural science to reveal some fascinating insights.

Leadership Training in the HEC Paris MBA

What’s next after Part III exams? After qualifying as a Fellow in 2015, Milton Lim decided to explore the wider opportunities and insights available from the international business world with the double degree program at HEC Paris MBA and the London School of Economics MSc in Analytics / Data Science.

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Normal Deviance - Why you should totally include data science in your next job search

‘Data scientist’ clearly overlaps with pre-existing jobs like statisticians, business analysts and even actuaries, but as our resident Data columnist Hugh Miller reports, it also carries its own flavour. The proof is in the data.

Young Actuaries Program (Melbourne) – Data Analytics

After-work on a cold Thursday evening in Melbourne, the Young Actuaries Program (“YAP”) membership gathered for the latest instalment of the ‘Evening Speaker Series’ – Data Analytics. James Morris reports. 

Normal Deviance - Burying the GLM

My previous column praised the virtues of the generalised linear model. This month we dismember it and look to more modern approaches to fill the void.

Normal Deviance - In praise of the GLM

In this column, we celebrate the success of the generalised linear model and explore why they are so popular. In its companion column, we’ll look at the model’s limitations and ask whether there are better alternatives.

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