Actuarial Data Science

An initiative of the Swiss Association of Actuaries

Actuarial Data Science Strategy

With digitalization, and thereby the evolvement of new technologies and data-driven decision-making, there are considerable changes in the insurance industry. As a consequence, actuaries need to adapt to the new environment and redefine their role in the insurance industry and the skills they have.

ADS Strategy Paper

The working group has worked out a strategy how the Swiss Association of Actuaries and the actuarial profession should evolve in order to deal with the current challenges in digitalization and Data Science.

The strategy paper can be downloaded here (in German) or here (in English). Have a look at it and let us know your thoughts about it. The document contains some basic definitions of often used terms, does an in-depth analysis of actuarial and data science skills and suggests a vision and measures for the Swiss Association of Actuaries.

ADS Strategy Presentations

We have given the following presentations about the influence of Data Science on the actuarial profession:

General Assembly of the Swiss Association of Actuaries, 1st September 2018, Zurich (Presentation, in German)
Summer event of the Young Actuaries of the SAA, 19th June 2018, Küsnacht (Presentation)

The focus topic of the SAA 2017 Bulletin (in German) was Data Science.

Updates

Below, we provide the most recent changes to the website:

22th Jan 19: Publication of our third tutorial: Nesting Classical Actuarial Models into Neural Networks
25th Oct 18: Publication of code on GitHub for both tutorials.
6th Aug 18: Publication of our second tutorial: Insights from Inside Neural Networks

Events

Below, we provide upcoming events in Actuarial Data Science:

Strategy

The actuary of the 5th kind has its core skills in Mathematics, Statistics and Computer Science.