Predictive Modeling: Back to the Future?
Jean-Marc Fix, FSA, MAAA

 
Since there have been actuaries and underwriters, there has been predictive modeling. So why all the buzz? Maybe because today's predictive modeling is not your ancestor's predictive modeling. We will explore what makes today's predictive modeling such an enticing proposition. After attending this session, you will appreciate the diversity of approaches and problems that can be solved with predictive modeling. You will become familiar with the situations that predictive modeling attempts to solve in life insurance and the issues and opportunities this creates for the underwriter.