Access Resources to Advance Your Technical Skills

Access Resources to Advance Your Technical Skills

Big Data has officially arrived, and it’s changing the way business works, including actuarial science, wrote David Zornek, an actuarial consultant at Oliver Wyman, in the most recent issue of the Actuarial Review. Zornek, who is also a candidate representative to the CAS Candidate Liaison Committee, highlighted a variety of resources that actuaries can use to advance their technical skills. Since the Actuarial Review article included many links to other websites, we thought it would be helpful to post a summary of the article with links on the CAS blog, for easy access to the resources.

  • The CAS provides an inexpensive predictive modeling course, which is directly applicable to actuarial work and includes GLMs in both loss and retention modelling. An added bonus is that CAS courses provide 1 CE Credit per 50 minutes of education session time.
  • MIT offers free web-based publication of materials from its undergraduate- and graduate-level courses through MIT OpenCourseWare. Courses of interest include Data Mining, Prediction: Machine Learning and statistics, and Machine Learning.

In addition to the resources Zornek mentioned, the CAS recently announced a new resource at the CAS Annual Meeting in November — the creation of The CAS Institute, an organization offering new credentials and specialized professional education. The new credentials are targeted to a wide range of experts, including both actuaries and non-actuaries. According to CAS President Bob Miccolis, the first credentials developed and granted by The CAS Institute will focus on predictive analytics and data science. Additional credentials will follow in other areas of specialization such as catastrophe modeling, capital modeling and quantitative reinsurance analysis.

Do you have any comments on these resources, or are you aware of additional resources that could be useful to actuaries in advancing their technical skills? Let us know by leaving a comment below.


About Arnulfo Moreno

Arnulfo Moreno is the marketing and communications coordinator at the CAS.