Actuaries Around the World – Thailand

This month ACTEX is traveling to Thailand for our Actuaries Around the World series. Tommy Pichet, FSA, FIA, FSAT, FRM, MBA, MScFE (Dist.), B.Eng (Hons), is a qualified actuary with nearly 20 years of experience across Asian insurance, finance and employee benefit valuation and management. He has worked in the valuation of insurance and retirement benefits, … Continue reading Actuaries Around the World – Thailand

Actuaries Around the World – Hungary

Our February edition of Actuaries Around the World takes us to Hungary. Gábor Borza is an actuarial consultant working with Tools4F and is a board member of the Hungarian Actuarial Society, which he chaired from 2013 until 2017. Borza spent the first 22 years of his professional career at ING / Nationale-Nederlandem, a retail financial … Continue reading Actuaries Around the World – Hungary

Melting Data in Python to Discover $6 Million in Missed Risk Adjustment

It was the last week of the year. Validate Health was retained to validate the risk adjustment submission for a medium-sized Medicare Advantage plan. We had until the end of the week to recalculate risk adjustment for over 50,000 beneficiaries and millions of claims. The pressure was mounting. We needed a way to quickly process … Continue reading Melting Data in Python to Discover $6 Million in Missed Risk Adjustment

The Actuarial Checklist: An Actuary’s Professionalism Security Blanket

Guest Post by Stephen Camilli, FSA, President, ACTEX Learning After reading Jay Jaffe’s review of Atul Gawande’s seminal book, The Checklist Manifesto, I had to read the book for myself, and it did not disappoint! I also wanted to hear more from Jay about how checklists that resulted in greater safety, efficiency and standardization in … Continue reading The Actuarial Checklist: An Actuary’s Professionalism Security Blanket

Excel, Python, R, C++ and more — Use the Right Tool, Use the Tool Right

Guest Blog by Mary Pat Campbell, FSA, MAAA, PRM, I found myself nodding several times through Brian Fannin’s blog post “My Journey with R” – I particularly liked Brian’s remark: Excel would return diagnostics about a statistical model, but I could tell that it had a greater interest in enabling changes to font size or … Continue reading Excel, Python, R, C++ and more — Use the Right Tool, Use the Tool Right

How Python Saved my Company

 Guest blog by Andrew Webster, M.S., ASA, MAAA It was the summer of 2015.  I had founded my company, Validate Health, one year earlier.  The Society of Actuaries awarded me $10,000 for the summer to sponsor a non-traditional internship.  My intern, Nate, and I found a project working directly with a group of physicians to … Continue reading How Python Saved my Company

My Journey with R

Guest Blog from Brian Fannin, ACAS It started even before I knew what R was. In 2007, a paper appeared in the P&C journal Variance, which focused on a different way of thinking about loss reserve estimation. This approach was founded on linear modelling - the LINEST function in Excel. Inspired, I began entering data … Continue reading My Journey with R