... as part of the Society of Actuaries’ 2018 call for essays on the theme “Risks Posed by Predictive Models.”
“Congratulations to Kim and Boyang on this well-deserved honor, which is a testament to their outstanding work” said Serhat Guven, Americas leader for ICT, Willis Towers Watson. “This is a great example of how our colleagues continue to make a difference — innovating and transforming insurance together.”
Participants were asked to discuss the risks and consequences arising from the use of predictive analytics. Steiner and Meng’s paper compared two kinds of predictive models, built using the same data, on the criteria of predictiveness and interpretability, in the context of life insurance mortality. It was recognized as the Best Eligible Paper. The collection of papers can be found here.
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