Actuaries, Data Scientists at Odds: Novarica

With roughly one-in-three insurance companies expanding or piloting data science units in 2016, they may be facing an unanticipated problem—friction between their actuaries and data scientists, ...

Price Optimization: A Dangerous Method?

Last year, right around Halloween, I started noticing some odd goings on at the professional association for actuaries, the Casualty Actuarial Society (CAS). As a Fellow in the CAS, I was receiving ...

Actuaries Regain Best Job Title

Actuaries are back on the top of an annual ranking of best jobs, retaking the crown from software engineers, who held the title for two years running—and trouncing newspaper reporters who have the ...

CFO Attacks Industry Reserve-Cheating Theory

The chief financial officer of ACE Group challenged the popular theory that property/casualty insurers "cheat" on loss reserves as they work through market cycles during a presentation at an industry ...