2020 was a year that brought life to a halt: professionally, economically, and socially – highlighting not only our collective fortitude but also the importance of connection.
Evolving education for an evolving profession
Quantification of Cyber Risk for Actuaries
Released in May 2020, this paper, jointly prepared by the CIA with the Society of Actuaries and the Casualty Actuarial Society, presents a new framework to analyze the potential cyber risks facing organizations. The report’s co-author Unal Tatar, and Fei Xie (FCIA), member of the project oversight group, join us for the discussion.
Text Analytics: A Twitter case study
The increasing availability of big data and the use of predictive analytics are changing how insurers and actuaries operate. As companies face growing competitive pressures to perform, knowing how to mine and recognize the importance of data, in all forms, becomes a prime advantage.
More the same than different: Data science and its relationship with actuarial science
Data science and actuarial science are both multidisciplinary in nature; they extract insights from data and require strong understanding of the underlying business processes and domain knowledge to be successful at accomplishing the task. A deeper understanding of data science can allow actuaries to leverage data science results in their work and find more applications in emerging practice areas.
An ERM approach to cyber risk management
Cyber security risk has become an increasingly important risk for companies to manage. However, many organizations struggle with this, and reach approaches that are inappropriate or directionally incorrect. In this episode, Sim Segal, FSA, CERA joins us to discuss how a value-based enterprise risk management approach can address this issue.
