16 May 2023, live & online
Organised by the EAA – European Actuarial Academy GmbH
The actuarial focus has changed significantly over the last couple of years. Computational power is increasing with exponential growth, in addition more and more data is available. This combination puts the actuarial profession into a position where a new understanding has to be developed on today‘s possibilities of actuarial science and its ethical implications. The new role of actuaries within big data and ongoing digitalisation is not yet fully defined. Best practice experience sharing and exchange of ideas is needed. The EAA is delighted to have offered all interested actuaries and other experts a forum for knowledge exchange:
On 16 May 2023, the fourth virtual EAA e-Conference on „Data Science & Data Ethics“ took place. The programme combined keynote speeches with food for thought from well-known experts and selected talks from professionals through a call for papers.
As the leading provider of high-class actuarial education and CPD activities in Europe, the European Actuarial Academy (EAA) hosted its 4th e-Conference on „Data Science & Data Ethics“ with the aim
- to present up-to-date solutions to technical problems,
- to share best practices and personal insights
- as well as to offer a forum for actuarial and data science experts.
Program
The best lectures have been selected from a call for papers with many high-class submissions and an excellent programme was put together:
09:30 – 09:40
WELCOME & OPENING
Henning Wergen, EAA
09:40 – 10:40
KEYNOTE
Trustworthy AI – Managing AI Compliance and AI Performance Issues
Johannes Kuhn, Munich RE|CertAI / Neeraj Sarna, Munich RE|aiSure
10:40 – 11:00
BREAK
11:00 – 11:30
The Fast and the Fabulous. Harnessing GPU Power for High-performance Life Insurance Computations
Karol Maciejewski / Mehdi Echchelh, Milliman
11:40 – 12:10
A New Method for Discrimination Free Pricing and Real-world Impacts
Ronald Richman, Old Mutual Insure
12:20 – 12:50
Less is More: Including Network Features for Insurance Fraud Detection – A Case Study for a Belgian Insurance Company
Bruno Deprez, KU Leuven & UAntwerp
12:50 – 13:50
BREAK
13:50 – 14:50
KEYNOTE
Non-regulatory Approaches to AI Governance: Spotlight on AI Assurance Techniques and Standards
Nuala Polo, Centre for Data Ethics and Innovation (CDEI)
15:00 – 15:30
AI and Ethics in Insurance: A New Solution to Mitigate Proxy Discrimination in Risk Modelling
Antoine Chancel / Antoine Ly, SCOR / Marguerite Saucé, Diot Siaci
15:30 – 15:50
BREAK
15:50 – 16:20
Actuarial Applications of Natural Language Processing Using Transformers: Case Studies for Using Text Features in an Actuarial Context
Jürg Schelldorfer, Swiss Re
16:30 – 17:00
Successfully Leveraging Customer Analytics in Actuarial Departments
Lars Oehlmann / Gabriel Stoszek, PwC Germany
17:00 – 17:05
CLOSING & GOODBYE
Henning Wergen, EAA
All recordings of the live conference will become available to actuview on 11 July 2023.
Watch our additional on-demand recordings, available now (see below):
- Leveraging Behavioural and Contextual Signals from Digital Distribution and Underwriting to Improve the Life Insurance Value Chain
Petr Václav, Reinsurance Group of America - Can AI Go to Jail? – Consequences for the Corporate Governance
Steef Peters, The Hague University of Applied Sciences / Gerrit Jan van den Brink, Goethe University Frankfurt
Thank you to the sponsors 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 60 offices in Europe, North America, the Middle East, and Asia-Pacific, employing over 5,000 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 7 European locations, serving a wide range of clients in the Life and P&C space.
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. For a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our network. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them. PwC Germany. More than 13,000 dedicated people at 21 locations. €2.61 billion in turnover. The leading auditing and consulting firm in Germany.
RGAX is a wholly owned subsidiary of Reinsurance Group of America (RGA), Incorporated and is the company’s global accelerator. RGAX builds on the legacy of RGA’s continuous commitment to innovation, partnering with clients and entrepreneurs to address existing industry challenges, unlock new opportunities, and build the future of life and health insurance.