Thursday, June 7, 2018

Big Data needs Big Actuaries

The American Academy of Actuaries recently published a monograph Big Data and the Role of the Actuary.

Some speculate that the Academy may also produce a monolith dedicated to Big Data as well.

Or maybe a monogram.

Either way, what is certain is that Big Data and the applicable statistical methods that come along with it are going to play a significant role in the actuarial profession.

And in order to handle Big Data, you need a Big Actuary.