Description: Overview of regularization and least angle regression approaches.

Description: A review of the Bridging the Gap Series: Application of Predictive Modeling in VA/FIA Risk Management at the Equity Based Guarantees Conference in Chicago.

Description: The well-known examples of predictive modeling “successes” are numerous. Perhaps less widely recognized is the myriad of ways in which a predictive model can fail to perform as expected, often due to misconceptions or misrepresentations on the part of the analyst. This article, which is intended for a general actuarial audience, focuses on three such pitfalls. By understanding these three common pitfalls, readers may guard against them within their own work, teams, and organizations.

Description: The PA Symposium will be an immersive experience benefiting entry level actuaries through senior managers, and PA newbies through advanced practitioners.

Description: The Delphi Method is discussed in detail. The method attempts to filter out the consensus bias that can result from societal forces by employing a technique whereby an anonymous collection of opinions is used, supplemented by feedback loops that can be used to influence outcomes.

Description: This article provides a brief introduction to forecasting methods that are potentially relevant to actuarial work.

Description: Introduction of the new Forecasting and Futurism Section – helps members stay current, and facilitates professional development by providing information about and training in forecasting and futurism methods and tools.

Description: Welcome to our Genetic Algorithm shell for Excel.

Description: Issue overview and editorial on how the actuary of today must embrace the Complexity Science and Advanced Analytics tools of today in order to remain viable in a world where the skills of yesterday are no longer unique to actuaries.

Description: Futurists acknowledge the power that past performance might bring to the future, but they also explicitly recognize the possibility of ‘wild cards’ which might change the picture completely.