Research - Artificial Intelligence in Insurance and Retirement Industries

How does this role benefit the work of the organization and the profession?            

This role supports the research activities of the Diversity, Equity and Inclusion Research Advisory Council (DEIRAC). Project Oversight Group volunteers help ensure a high-quality SOA research product that will educate and inform the profession, helping to identify ways to improve actuarial products, services, or tools in ways that serve the public more equitably. This research project is to study and further enhance methods to avoid or mitigate discrimination, including disparate impact discrimination, in U.S. insurance and retirement products. This project's specific focus is on machine learning, machines use an increasingly wide variety of data sources and data elements and sources to predict target outcomes.

Responsibilities & Duties

• finalize the project scope and set expectations in collaboration with the researcher,
• provide guidance to researchers in the form of insights, experience, expertise and knowledge,
• review draft material and provide feedback to the researcher, and
• advise on appropriate forms of dissemination of results.

Time Commitment

• 11 – 20 hours
• Estimated time commitment is 1-3 hours per month, including 1-hour conference calls, throughout the project. Most research projects last 6–9 months.
• Most of time will be spent reviewing materials and providing feedback on conference calls and/or by email.

Experience Required

• Open to SOA Members, Non-Members and Candidates
• Passionate about improving the U.S. industry's and general public's experience with actuarial products and services, especially with respect to equity across racial and ethnic groups and other minorities such as LGBTQ+ persons. Knowledge or experience with machine learning and interpreting results from machine learning processes is a plus, but not required.

Opportunity Location

U.S. Only

Travel Required

None

SOA Training Required

None

Specializations  

Open to all specializations