14 May 2024, online
Organised by the EAA – European Actuarial Academy GmbH
In an era marked by unprecedented technological advancements, the actuarial landscape has experienced profound transformations. The exponential growth of computational power and the abundance of data have converged and provide an exciting opportunity for the actuarial profession to redefine its boundaries and explore the ethical implications of this new field.
The role of actuaries is evolving at an incredible pace but remains incompletely defined. We are at a crucial point where a new understanding of the possibilities of actuarial science and its ethical obligations needs to be created.
The European Actuarial Academy (EAA), renowned for its commitment to excellence in actuarial training and CPD activities in Europe, was thrilled to organize its already 5th e-Conference, centered around the captivating theme of ‚Data Science & Data Ethics‘.
Date: Tuesday, 14 May 2024.
Format: An exclusively virtual event, allowing live attendance via Zoom.
Audience: Mostly European actuaries and data science professionals eager to learn and exchange insights.
Program
The program blended keynote speeches featuring insights from renowned experts with selected talks delivered by professionals participating through a call for speakers, providing a diverse range of perspectives and food for thought.
09:30 – 09:40
WELCOME & OPENING
Henning Wergen, EAA
09:40 – 10:40
KEYNOTE
AI and the Global Profession
Charles Cowling, Mercer | IAA President
10:40 – 11:00
BREAK
11:00 – 11:30
Data Ethics & AI: Best Practices for Actuaries
Cathal Leahy / Laura Rossi, Deloitte Ireland
11:40 – 12:10
Contradictio in Terminus: Explainable AI?
Gerrit Jan van den Brink / Steef Peters, The Hague University of Applied Sciences
12:20 – 12:50
Prediction of Health Care Insurance Expenses using Machine Learning and Artificial Neural Network
Liana Barsoumian / Re-Mi Hage, Notre Dame University – Louaize
12:50 – 13:50
BREAK
13:50 – 14:50
KEYNOTE
ActuaryGPT: Applications of Large Language Models to Insurance and Actuarial Work
Caesar Balona, Old Mutual Insure
15:00 – 15:30
Nudging, Dark Patterns and Human Autonomy
Frank Grossmann, Linden Grove Group
15:30 – 15:50
BREAK
15:50 – 16:20
Quantifying Uncertainty for AI-based Solvency Capital Estimation
Mark-Oliver Wolf, Fraunhofer Institute for Industrial Mathematics ITWM
16:20
CLOSING & GOODBYE
Henning Wergen, EAA
The live programme was complemented by one pre-recorded presentation:
How Inflation and 10-year Bond Yield Forecasting with Computer Science (AI) Could Support Pension Funds
Ljudmila Bertschi / Mauro Triulzi, allea Ltd (Consultants and Actuaries)
Thank you to the sponsor of this years e-Conference:
Oliver Wyman is a global management consulting firm. Founded in New York City in 1984, the firm currently has more than 70 offices in Europe, North America, the Middle East, and Asia-Pacific, employing over 7,000 professionals. It ranks among the best strategy consulting firms in the world in terms of prestige, growth, and employee satisfaction. Its dedicated Actuarial practice is an industry-leading actuarial advisory firm with presences in 8 European locations, serving a wide range of clients in the Life and P&C space.