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In the latest in the Actuaries Institute podcast series, Bartosz Piwcewicz and Amanda Aitken of the Actuaries Institute's Data Analytics Practice Committee sit down to discuss the news and developments from the DAPC in a podcast.

ABOUT THE DATA ANALYTICS PRACTICE COMMITTEE
The data analytics space is a rapidly evolving area with broad reaching applications. The advent of big data has led to an explosion in captured data, analytics approaches and businesses harnessing this data to create new industries or reinvent the way existing industries operate.

There is a large opportunity for the profession to make a significant contribution to data analytics in Australia and globally. International actuarial associations also recognise the importance of data analytics and are in varying stages of development.

There are four main areas of focus:

Vision - Determine a strategic vision for Actuaries
Actuarial Community - Develop a community for Actuaries working in data analytics
Education - Investigate short, medium and long-term qualification and CPD requirements
Employer engagement - Better understand the needs of employers

The Data Analytics Practice Committee has been working together since early 2015 on a number of foundations in collaboration with the membership, employers and the broader data analytics community.

ABOUT THE ACTUARIES INSTITUTE
As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.
This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.

Find out more about actuaries
https://www.actuaries.asn.au

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