The overall objective of the Data Science Working Party is to be a source of delivering key objectives throughout on an annual basis of this will be to include case studies, webinars, events, strengthening the blend of actuarial expertise's. How we can integrate data science application within IFoA in our educational system and techniques we can use within our industry that are credible.
*We refer to “Data Science” as a collective term for: Data Science, Data Analytics, Big Data, Data Analysis, Data mining, Artificial Intelligence, Machine Learning, Robotics, Data Visualisation, Predictive Modelling, Deep learning.
Objectives
Objectives for Data Science WP for 2020 (considering Covid-19):
- Two Data Science events
- GIRO 2020 Contribution
- Three case studies
- Three webinars
- International Kaggle competition
Outputs
- What makes a Data Scientist?
- The Data Science process
- Statistics vs Machine Learning
- Natural Language Processing in Insurance
- Fitting data with XGBoost
- The Machine Learning Landscape
News and Events
- Data science - How actuaries can optimize usage of data science techniques within their sectors - 12 March 2020
- Data Science Virtual Conference - Data Science an Opportunities for Actuaries - 26 February - 15 April 2019
- Call for actuaries to join a Kaggle Team - for more information please email MemberInterestGroups@actuaries.org.uk
| Chair | Asif John |
|---|---|
| Members | 8 |
| Established | 2018 |
Related documents
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Guidance for Member Interest Groups (MIGs)
16 June 2020
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Contact Details
If you want more information about this research working party please contact the Communities Team.
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Events calendar
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CILA 2022
23 May 2022 - 24 May 2022We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.
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Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
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Annual General Meeting 2022
15 June 2022In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.
The Business of the AGM
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IFoA Presidential Address 2022
16 June 2022Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
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The IFoA Conference 2022
133 Houndsditch, London EC3A 7BX and Online22 June 2022 - 23 June 2022
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.
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This webinar will cover:
• Some background on the risks of misselling in an ESG context, including the DWS case
• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
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This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.
