This workshop offers an opportunity for participants to share notes on modeling applications in actuarial science. The workshop builds on the elements of applied modeling introduced in the SOA syllabus. This session is designed for attendees who have moderate experience with the subject. The quality of data is paramount to the success of today s data driven enterprises. The insurance industry is no exception.
Insurers use a variety of resources and techniques to validate data.
Further, insurers are faced with short development cycles and partial product specifications. Speakers discuss how to develop alternative or improved processing methodologies to reduce errors, current error tracking tools, and metrics. Participants discuss balancing reasonable testing given time constraints. Participants brainstorm ideas to improve the quality of the Section site and identify ways to better meet the needs of the membership. This session is designed for attendees who have no experience with the subject.