Actuarial Modernization
This session addresses the timely transition of small or traditional actuarial teams into the realm of predictive modeling. It explores the unique obstacles these teams face, such as resource limitations, juggling multiple roles, and the scarcity of experienced predictive modelers. The focus then shifts to solutions to transform these constraints into opportunities. The presentation underscores the importance of intuitive tech solutions, effective governance, partnerships, and strategic stakeholder engagement in facilitating this transformative journey, ultimately aiming to empower every actuary in this digital age.
Learn more about the speakers
Thomas Holmes
Tom Holmes est Chief Actuarial Officer chez Akur8 et co-auteur de la monographie n° 13 de la CAS, Penalized Regression and Lasso Credibility. Il a modélisé des risques en assurance de particuliers comme d’entreprises, et s’investit bénévolement au sein de la CAS sur les sujets de modélisation prédictive. Il intervient régulièrement lors d’événements de la CAS et de webinars Akur8, et va à la rencontre du secteur pour partager méthodes et bonnes pratiques de modélisation actuarielle. Fellow de la CAS, Tom est diplômé en musique (University of Michigan et Ohio University).
Jen Jabben
Jen has nearly 20 years of experience in Property and Casualty insurance pricing, product management, product development, portfolio management and product delivery. She is a Senior Manager in the Insurance and Actuarial Advisory Services practice of Ernst & Young LLP and leads the Actuarial Transformation service offering focused on leveraging new technologies and modernizing operating models to improve decision support, drive efficiency, and accelerate innovation for actuarial functions. Jen holds a Bachelor of Science in Mathematics from Pittsburg State University. She is a Fellow of the Casualty Actuarial Society (FCAS) and a Member of the American Academy of Actuaries (MAAA).
