Are Actuaries the Data Scientists of the Future?

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To truly be Data Scientists other industries require marketing and business statisticians to broaden their software skills beyond SAS and R to Hive and Python. We are starting to see the insurance industry ask more of their actuarial hires in their software and database skills. Historically, actuaries haven’t had the need for sophisticated programming skills…. Read more »

Savvy Actuaries Embrace Predictive Modeling

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Stuart Rose, Global Insurance Marketing Director at SAS, said insurance companies can increase profits by utilizing analytics across five business areas: Actuarial, Claims, Customer, Channel and Risk. Actuarial The Society of Actuaries has recently posted a number of interesting articles on the use of predictive modeling in life underwriting and quantifying mortality risk. Towers Watson… Read more »