Candidate Information: Dorothy Andrews

Candidate for Regular Director Term Ending in 2024

Dorothy Andrews

Practice Area: Life
Specialty: Big Data and Analytics
Employer: Actuarial and Analytics Consortium, LLC
City, State: Charlotte, NC
Credentials: MAAA, ASA, CSPA

In 2018, Dorothy Andrews vice chaired the Big Data Task Force, which published the monograph, Big Data and the Role of the Actuary in 2018. Dorothy now chairs the Data Science and Analytics Committee (DSAC), which replaced the Big Data Task Force and which is preparing to publish an issue brief, The Use of Big Data and Actuarial Modeling and the Impacts on Consumers. She gave a presentation to NCOIL in December 2020 on this and other topics, and she regularly presents at the NAIC Insurance Summit. The DSAC has been focusing on ethics and artificial intelligence and will publish a monograph on the topic in the near future.

Dorothy Andrews works as a consulting actuary for Actuarial and Analytics Consortium, LLC. She has 27 years of actuarial and statistical modeling experience with life and health insurance companies, property and casualty insurance companies, reinsurance companies, international consulting firms, government agencies, and academia. Her responsibilities include predictive analytics, actuarial modeling, capital modeling, financial examinations and audits, risk management, and model governance. She works primarily in the area of big data and big data analytics. Her expertise is expanding to include the application of media psychology to insurance technologies also known as InsurTech.

The Academy’s mission is to serve the public and the U.S. actuarial profession. How will your service on the Board allow you to further the Academy’s mission of public policy and professionalism?

I have a long history of volunteer service to the actuarial profession, volunteering with the American Academy of Actuaries, the National Association of Insurance Commissioners (NAIC), and other actuarial organizations. I believe my deep experience evaluating advanced statistical models that employ big data and algorithms for regulators and studying their impacts on consumers, as well as building them for government agencies, banking, and the insurance industry will be of tremendous value as a director of the American Academy of Actuaries. I understand the importance of ethical and professional approaches to working with big data and algorithms in earning and maintaining the trust of the public who rely on insurance as a social good and economic growth mechanism. I frequently present on the topic of ethics, big data, and AI from an interdisciplinary perspective. My research and doctoral studies in media psychology have informed a new awareness of the potential of big data and algorithms to create social harm. As a Board director, I will actively participate in carrying out the Academy’s mission and further cement the public trust in the actuarial profession.

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