From Google’s search algorithms to Netflix’s recommendation system, from urban planning to financial trading, data-driven decision-making is all the rage. In this data-driven era, two fields are emerging as prominent players: actuarial science and data science. To break down the differences be...
The second stage is data analysis — design the model and run the data. This is the stage where machine learning and artificial intelligence pose the greatest threat to manual work. As time progresses, I believe machines will replace man work in terms of pure model running. The final stage...
I’ve passed P, FM, IFM, and LTAM.Since you've passed IFM, you won’t need to take ATPA. Since you've passed LTAM, you're eligible to take FAM-S, which is half the size of the full FAM exam. Be sure to pass FAM-S between October 2022 and July 2024 (six sittings). This ...
Related to actuaries:Actuarial science Actuary A statistician who works for aninsurance companyor other organization that assessesrisk. The actuary computes various risk factors and determines the likelihood of whether (or when) an event will occur. For example, an actuary will look at a person's...
Greg Heidrich: For a long time, actuary was the preferred profession among those with strong quantitative backgrounds, but some have observed that actuaries have been losing ground to data scientists. Many insurers’ data science teams are growing rapidly and taking ...
Data Science is an integral part of our business. We handle a very high amount of data daily and we have managed to automate our processes in order create accuracy and efficiency. Enterprise Risk management We work closely with the main stakeholders to develop and implement successful ERM framewo...
Actuaries' Survival Guide: Navigating the Exams as Applications of Data Science, Third Editionexplains what actuaries are, what they do, and where they do it. The book describes exciting combinations of ideas, techniques, and skills involved in their day-to-day work. This edition has been updat...
The presentation focuses primarily on the code generation aspects of both ChatGPT and GitHub Copilot and considers which of them might provide the most significant productivity boost for actuaries using the SQL, VBA, R, or Python programming languages. It also highlights both strengths and weakness...
Proceedings of the 4th International Symposium on Formal Techniques in Real-Time and Fault-Tolerant Systems Logics of Programs, as a field of study, touches on a wide variety of activities in computer science and mathematics. It draws on mathematical foundations of formal logic, semantics, and co...
Its most recent strategic outlook covers areas such as the rise of data science, howartificial intelligenceis changing the nature of the workplace, the importance of diversity, equity, and inclusion, how skill development is changing, and how to strengthen membership engagement.5 What Is the Pass...