Accountable Algorithms: Insurance Hackathon 2022 by Actuartech and QED

Announcement from the Actuartech organiser:

This hackathon requires participants to build a model that aims to predict whether a motor insurance policyholder will renew their policy at the end of a given calendar year based on anonymised policyholder data.

Participants will need to present their investigation as if they were advising insurance executives. They should be able to explain & communicate their approach & methodology as well as the implications of their model. This should include considerations of the model risk for the organisation; including uncertainties and implications of their model, conclusions, recommendations and findings. Reference to professional guidelines may be made.

Organisers will review submissions and select based on the criteria outlined above a shortlisted set of submissions, to present to a panel of risk management and insurance executives.

The programme is suitable for anyone who:

• would like to take part in an insurance related hackathon focussed on model risk
• wish to develop accountable algorithm and modelling techniques
• want to network with, and learn from fellow participants
• is interested to gain experience presenting their model to stakeholders

Team or individual entries possible. Limited spaces available.

Click here for more information

Fee: £10 per entry to cover administration costs

Registration closes 28th February 2022. Click here to register

CPD hours: This event can count towards your IFoA CPD requirement if you consider that you have learned something relevant to your current or future actuarial work or professional development, that it addresses a personal development need and has an identifiable learning outcome.