Event Details
About This Event
This webinar is 90 minutes.
This webinar is complimentary to non-North American audiences in the CAS.
In the last 2 years, an explosion in the usage of large language models (LLMs) has produced widespread excitement but also anxiety about the potential of AI to simplify or perhaps replace human work. In this session we'll briefly review these models and how they might be used for actuarial work, and then focus on the professionalism considerations for any actuaries relying on these models.
Key Messages
- You need to be qualified to do the work, not the model.
- LLMs are very powerful, but are prone to issues.
- You need to review the input and output of LLMs carefully.
Learning Objectives
- Identify how the Code of Conduct and Actuarial Standards of Practice apply to Large Language Models.
- Discuss responsibilities and considerations when using Large Language Models for actuarial work.
- Explore potential problems with using Large Language Models for actuarial work.
This webinar is complimentary to non-North American audiences who are part of the CAS and the CIA. The webinar will be conducted over GotoWebinar. Please make sure to test your system.
Josh Taub, FCAS, The Infinite Actuary
Josh is the Director of CAS Exams and instructor for CAS exams 5 & 8 for The Infinite Actuary, and has helped more than 7,000 students prepare for their actuarial exams. After spending the first decade of his career at Farmers Insurance, Josh has worked at, advised, and invested in tech startups both in and outside of insurance. Josh has spoken at CAS sponsored events in the U.S. and internationally, and has been published in Carrier Management and Property/Casualty 360. He is an active CAS volunteer and received the CAS Above & Beyond Achievement Award for volunteers in 2018 and 2024. Josh is also an avid traveler, having been to over 70 countries, though he currently lives in San Diego with his wife Lolita.
Andrew Dalgaard, Allstate Insurance Company
Andrew joined Allstate in 2004 and has 20 years of actuarial and insurance experience as a personal lines pricing actuary. He has experience performing actuarial work related to profitability analysis, risk management, new product implementation, and rating plan development. Andrew is currently a member of the Casualty Actuarial Society Professionalism Education Working Group and was previously a member on the Casualty Actuarial Society Insurance On-Demand Task Force. He also volunteers with his kids extracurriculars as a Scouting leader and Downhill Ski Instructor.
Moderator
Ron Kozlowski, FCAS, CAS Asia Ambassador
