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In this presentation, as part of our free to attend #AIActuary Virtual Summit happening tomorrow (27th June), Richard Galbraith and Valerie du Preez examine AI risks through an #actuarial lens, drawing on research from an industry focus group. Their goal is to identify challenges in integrating modern modelling techniques into traditional actuarial tasks while considering professional standards and regulations. They propose best practices and potential next steps to address these challenges, focusing initially on traditional actuarial perspectives and providing examples. Key themes include ethical considerations such as bias and fairness, professional concerns like interpretability, and the shortage of relevant skills. Free replays are available. #Actuaries

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The #AIActuary. Happening this Thursday...

In this presentation, as part of our free to attend #AIActuary Virtual Summit on 27th June (free replays available), Jeff Yang, founder of The Actuarial Nexus discusses how the #actuarial exam process stands to benefit from the integration of generative AI. He explores the potential use cases of generative AI for candidates, prep providers, and exam writers/graders. Actuarial students, you do not want to miss this one! #Actuaries

10 Ideas for #Actuaries in the AI Era 1) Cultivate an AI-First Mindset: Approach every problem with the question, "How can AI make this better?" 2) Focus on Strategic Thinking: Use AI for routine tasks, freeing up your time for strategic decision-making and problem-solving. 3) Collaborate with AI: Work alongside AI systems to enhance your productivity and accuracy, rather than seeing them as competition. 4) Enhance Your Soft Skills: Skills like communication, empathy, and management (of AI?) will become even more crucial as AI handles more technical tasks. 5) Prioritise Ethical Considerations: Ensure that AI applications in actuarial work are used ethically and responsibly, maintaining public trust. 6) Innovate Continuously: Use AI as a tool to innovate and develop new actuarial methods and models. 7) Develop AI Literacy: Gain a solid understanding of how AI algorithms work to better leverage their capabilities and outputs. 8) Stay Informed on AI Regulations: Keep up with the latest regulations and compliance requirements related to AI to ensure your work adheres to legal standards. 9) Adaptability is Key: The AI landscape is constantly evolving. Stay flexible and be ready to adapt to new technologies and methodologies. 10) Embrace Continuous Learning: Stay ahead by constantly updating your knowledge on AI and machine learning technologies. Want to know more? Join our free to attend #AIActuary Virtual Summit event on 27th June (free replays available). Details in my headline bio above.

In this presentation,  as part of our free to attend #AIActuary Virtual Summit on 27th June (free replays available), Daniel Craig Ramsay and Vatsal Gomber discuss generative AI applications in the life insurance industry. They give a primer on the history of the technology, talk through some of the technology's current strengths and associated risks, as well as debut some use cases of these AI models in an insurance context to explore how AI within the life insurance industry might go from hypothetical to transformative! Finally they shed some light on the wider regulatory context in the AI space, and explore what the future of Gen AI could hold and how stakeholders can be prepared to embrace it for better commercial and societal outcomes. #Actuaries

AI is rapidly transforming #actuarial pricing, introducing novel methodologies and tools at an unprecedented pace. This discussion, as part of our free to attend #AIActuary Virtual Summit on 27th June (free replays available), explores the imminent changes from a non-technical viewpoint, highlighting AI's practical impacts on pricing actuaries' workflows and enabling them to harness emerging opportunities. Thank you to our speaker Zouhair Himer who is the CEO and Founder of MasterActuary.

The AI-Powered #Actuary. In this presentation at the free #AIActuary Summit event Frederik Bisbjerg will help you discover how AI is revolutionizing risk assessment, pricing, and customer service, providing you with the tools to thrive in tomorrow’s market. Understand why the time to embrace AI is now, as we provide practical and pragmatic guidelines to kickstart your journey in integrating AI into your actuarial practices. What #Actuaries Will Learn: - The Future of Insurance - Advanced AI Techniques - AI-Driven Pricing Models - Practical Steps to Getting Started 🆓 Free to attend #AIActuary online summit on 27th June 📅 24-Hour Replays Available

Wow! 2,115 people (and counting) have already registered for the free to attend #AIActuary Virtual Summit event on 27th June (24 hour replays available). 📅 16 sessions packed with insights on AI for #actuaries 🔁 24 Hour Replays Available 💸 Free to attend! 📜 Certificate of attendance of sessions attended for CPD It's not too late... Register Here Now: ai.proactuary.com/

The Amplified and Augmented #Actuary: In this presentation, Klaas Stijnen will share his experiences first hand on how to successfully embed AI into #actuarial organisations through 10 key insights that he uncovered in his gen AI journey as an early adopter and implementer. 🆓 Event: Free-to-attend #AIActuary online summit on 27th June at ai.proactuary.com 📅 24-Hour Replays Available #Actuaries