Data Science and Analytics Committee

Data Science and Analytics Committee

To further the actuarial profession’s involvement in Big Data and machine learning technologies and to  inform public policy decision making related to the use of Big Data, predictive models, and other advanced analytics in unbiased and objective terms. The committee monitors federal legislation and regulatory activities and is charged with developing papers intended to educate stakeholders.

Related Publications

DSAC Comments to IAIS on a Public Consultation on AI

The Data Science and Analytics Committee (DSAC) submitted comments to the International Association of Insurance Supervisors (IAIS) on IAIS' public consultation draft application paper on the...
Date Published: 02/27/2025
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Defining Big Data

The Data Science and Analytics Committee released an issue paper, Defining Big Data. The paper is intended to build a shared language and concepts of big data and associated themes for the actuarial...
Date Published: 09/25/2024
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DSAC Present to CASTF on Data Bias

Members of the Data Science and Analytics Committee presented at the NAIC CASTF (Casualty Actuarial Statistical Task Force) "Book Club". The presentation explored key types of data bias that...
Date Published: 08/28/2024
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Committee Comments on AI Use in the Financial Services Sector

The Data Science and Analytics Committee commented to the U.S. Department of the Treasury on the Request for Information (RFI) on Uses, Opportunities, and Risks of Artificial Intelligence in the...
Date Published: 08/12/2024
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Discrimination: Considerations for Machine Learning, AI Models, and Underlying Data

This issue brief defines discrimination (including distinguishing between discrimination, unfair discrimination, and unjust discrimination); presents practical methods for testing and monitoring...
Date Published: 08/07/2023
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DSAC Releases Issue Brief on Big Data in Actuarial Modeling

The Data Science and Analytics Committee (DSAC) released an issue brief, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts. It outlines big data issues confronting actuaries and...
Date Published: 10/14/2022
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DSAC & RETF Release Major Issue Brief on Correlation and Causation

The Data Science and Analytics Committee, in partnership with the Racial Equity Task Force, released a major issue brief, An Actuarial View of Correlation and Causation - From Interpretation to...
Date Published: 07/06/2022
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DSAC Presents to NAIC CASTF Book Club on Big Data and Algorithms Issue Paper

The Academy’s Data Science and Analytics Committee (DSAC) presented to the National Association of Insurance Commissioners’ (NAIC) Casualty Actuarial and Statistical (C) Task Force (CASTF) Book...
Date Published: 01/26/2022
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Academy Releases Major Issue Paper on Big Data and Consumer Impacts

The Data Science and Analytics Committee released a major issue paper, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts. 
Date Published: 11/08/2021
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Data Science and Analytics Committee Comments to Federal Agencies on AI

The Data Science and Analytics Committee submitted comments in response to a joint request for information and comment from several federal agencies regarding financial institutions’ use of...
Date Published: 06/30/2021
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DSAC Update to NCOIL Special Committee on Race In Insurance Underwriting

Data Science and Analytics Committee (DSAC) Chair, Dorothy Andrews, addressed the issue of Race in Insurance Underwriting in a meeting convened by the National Council of Insurance Legislators and...
Date Published: 12/09/2020
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Dorothy Andrews Comments to NCOIL Special Committee on Race In Insurance Underwriting

Data Science and Analytics Committee (DSAC) Chair, Dorothy Andrews, addressed the issue of Race in Insurance Underwriting in a meeting convened by the National Council of Insurance Legislators and...
Date Published: 12/09/2020
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Big Data And The Role Of The Actuary

While the use of Big Data in the property and casualty insurance area is more developed than in some of the other areas of actuarial practice, significant advances have been made in recent years in...
Date Published: 10/17/2019
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