Where Does Bias Hide? Defining Data Biases and Unfairly Discriminatory Considerations

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Data Science and Analytics Committee Chairperson and Academy Board member Dorothy Andrews addressed the importance of identifying biases in data and algorithms and the dangers of using data that may be embedded with bias. 

Generative AI: Opportunities and Pitfalls for Actuaries

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Our speakers discussed how actuaries are using AI today, what makes generative AI different, and how generative AI intersects with actuarial practice. 

How Climate Risk Applies to All Actuaries

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Climate risk and climate change involve physical risks that impact all forms of financial security systems for which actuaries aim to identify and manage risks. Financial security systems—embodied by insurance products (whether property/casualty, life, or health) and, more indirectly, pensions and retirement products—are touched by climate risks.

During this webinar, our speakers—members of the Academy's Climate Change Joint Committee—discussed how climate risks impact all actuaries. The discussion featured a look at the recently released report, Climate Risks Pose Broad Impact on Financial Security Systems, which provides actuaries with a practical guide for considering a broad range of impacts that climate change may have on their work. They also touched upon the new Glossary of Climate Change Terms and Definitions, which provides an explanation of various terms relating to climate change appearing in publications and presentations published by the Academy.

Application of ASU 2018-12 to the Accounting for Long-Duration Contracts under US GAAP—Part 3

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The Academy had their last webinar in a series of three webinars that provided discussion around components of the recently exposed practice note Application of ASU 2018-12 to the Accounting for Long-Duration Contracts under U.S. GAAP. This practice note was developed by the Long-Duration Contracts Work Group of the Financial Reporting Committee of the American Academy of Actuaries.

Application of ASU 2018-12 to the Accounting for Long-Duration Contracts under US GAAP—Part 2

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This webinar is the second in a series providing discussion around components of the recently exposed practice note Application of ASU 2018-12 to the Accounting for Long-Duration Contracts under U.S. GAAP. 

Application of ASU 2018-12 to the Accounting for Long-Duration Contracts Under U.S. GAAP – Part 1

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This the first of three webinars that will provide discussion around components of the recently exposed practice note “Application of ASU 2018-12 to the Accounting for Long-Duration Contracts under U.S. GAAP.” This practice note was developed by the Long-Duration Contracts Work Group of the Financial Reporting Committee of the American Academy of Actuaries.

Big Data and Algorithms in Actuarial Modeling and Consumer Impacts: Six Questions and Answers for Actuaries

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The use of big data and algorithms in actuarial modeling is becoming a topic of increased scrutiny from industry leaders, policy makers, and the general public. This webinar explored these concerns and included a discussion of a major issue paper Big Data and Algorithms in Actuarial Modeling and Consumer Impacts published by the Academy’s Risk Management and Financial Reporting Council’s (RMFRC) Data Science and Analytics Committee (DSAC).

IFRS 17 Insurance Contracts: Amendments to the Standard and Current Implementation Challenges

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Presenters discuss potential implications of the changes across practice areas and highlight some of the implementation issues that insurers will need to consider.

Capitol Forum: Cross-Practice COVID-19 Update

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Academy President Joeff Williams moderates the conversation, which features experts from the casualty, health, life, pension, and risk management and financial reporting practice areas discussing issues relevant to those areas.

Big Data and the Role of the Actuary
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A webinar looking at Big Data and how it is impacting actuarial practice areas. (December 18, 2018)