Academy Resources

Browse our library of content, developed to support your professional growth and help you navigate the complexities of actuarial practice with confidence.

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Comment / Letter

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… Download
Date Published: 02/27/2025
Issue Brief

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… Download
Date Published: 09/25/2024
ASOP 56

Modeling

Date Published: 09/23/2024
Date Published: 09/23/2024
Date Published: 09/23/2024
ASOP 23

Data Quality

Date Published: 09/23/2024
Date Published: 09/23/2024
Issue Brief

DSAC Issue Brief Examines Data Bias

The Data Science and Analytics Committee (DSAC) released an issue brief, An Actuarial View of Data Bias: Definitions, Impacts and Considerations. The issue brief—the first in a new DSAC series… Download
Issue Brief

An Actuarial View of Data Bias: Definitions, Impacts and Considerations

This issue brief examines the key types of data bias that actuaries may encounter and focuses on the kinds of biases found in modeling data and the implications for algorithmic outcomes.  Download
Date Published: 07/01/2023
Comment / Letter

Life Practice Council and Casualty Practice Council Submit a Joint Comment Letter to the NAIC’s Big Data and Artificial Intelligence (H) Working Group

The Life Practice Council and the Casualty Practice Council submitted a joint comment letter to the National Association of Insurance Commissioner’s Big Data and Artificial Intelligence (H) Working… Download
Date Published: 02/13/2023
Comment / Letter

Life Practice Council and Casualty Practice Council Submit a Joint Comment Letter to the NAIC’s Big Data and Artificial Intelligence (H) Working Group

Life Practice Council and the Casualty Practice Council submitted a joint comment letter to the National Association of Insurance Commissioner’s Big Data and Artificial Intelligence (H) Working… Download
Date Published: 02/13/2023
Issue Brief

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… Download
Issue Brief

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… Download
Presentation

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… Download
Issue Brief

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.  Download
Date Published: 11/08/2021

Data Science and Analytics Committee Submitted Comments to Federal Agencies on AI

RMFRC’s Data Science and Analytics Committee (DSAC) submitted comments in response to a joint request for information and comment from several federal agencies regarding financial institutions’… Download

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… Download
Date Published: 12/09/2020
Comment / Letter

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… Download
Date Published: 12/09/2020

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… Download
Date Published: 10/17/2019
Comment / Letter

Task Force Comments to U.S. Senate Committee on Banking, Housing, and Urban Affairs on FinTech Hearing

Big Data Task Force comments to the  U.S. Senate Committee on Banking, Housing, and Urban Affairs  on their hearing, Fintech: Examining Digitization, Data, and Technology. Download
Date Published: 09/16/2018
Presentation

Presentation to NAIC on Big Data Monograph

Presentation to the NAIC Casualty Actuarial and Statistical Task Force (CASTF) Predictive Analytics Book Club on the Big Data and the Role of the Actuary monograph.   Download

Big Data and The Role of The Actuary

The Academy released the monograph, Big Data and the Role of the Actuary, at the International Congress of Actuaries meeting in Berlin on June 5. The monograph examines how Big Data is providing… Download
Date Published: 06/04/2018

Task Force Comments to NAIC on Big Data Exposures

Big Data Task Force comments to the NAIC’s Big Data (EX) Working Group on recent exposures.    Download