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About Actuarial Data Science

www.actuarialdatascience.com | juni 2017

Actuarial data science is about actuaries and data scientists working together to turn data into valuable business logic. It’s as simple as that. Or is it? Well, it has been a while since I first had the opportunity to team up with this fascinating creature called a data scientist. I felt impressed and confused at the same time. Why?

I was impressed by the data scientist’s hands-on approach towards data design and data wrangling . Data scientists have fast programming skills in languages such as Python and R. Also, they have the ability to scale their coding quickly towards more powerful computing platforms such as Azure and AWS. And, last but not least, we as actuaries can learn from the data scientist’s “just-do” mentality when it comes to solving data problems, applying many machine-learning techniques.

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