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Considerations for Predictive Modeling in Insurance Applications

May 2019

The Society of Actuaries Modeling Section, Predictive Analytics and Futurism Section, Committee on Life Insurance Research, Product Development Section and Reinsurance Section announce the release of  a new report that can help to educate actuaries on how best to implement predictive modeling into relevant areas of actuarial practice.  Authored by Eileen Burns, Gene Dan, Anders Larson, Bob Meyer, Zohair Motiwalla, and Guy Yollin of Milliman, this report includes a review of existing literature and current industry practices, as well as a comprehensive set of considerations for predictive modeling in insurance applications.

Report

Considerations for Predictive Modeling in Insurance Applications

Thank You

The Sponsors would like to thank the following individuals that served on the Project Oversight Group:

Vikas Sharan, Chair
Dorothy Andrews
Carlos Brioso
Jim Wright
Ronora Stryker, SOA Senior Practice Research Actuary
Jan Schuh, SOA Sr. Research Administrator

Question Or Comments

If you have questions or comments on this research, please contact Ronora Stryker, SOA Research Actuary, at rstryker@soa.org.