An Actuarial Toolkit
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Transcript of An Actuarial Toolkit
An Actuarial Toolkit
Nigel De SilvaToolkit Working Party 2006
A new language?
wikiblogging
Technorati
del.icio.us
RSS
OPML
SharpReader
RopenBUGS
wikipedia
Introduction Web 2.0: Useful ToolsChange: Actuary 2.0
Firefox
Toolkit Working Party
Change: Actuary 2.0
Web 2.0: Some useful tools
An Actuarial Toolkit
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Toolkit Working Party
Launched at GIRO 2005
Terms of reference Search out and promulgate useful tools for the profession Suggest how the tools may be used Trial these tools Work on an external wiki Focus on education (in bit sized chunks) as well as research
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Change: are we ready?
Operates in a rapidly changing environment driven from within forced by regulators demanded by clients wider fields
Morris Review Profession too insular Needs greater focus on CPD
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CPD for CDP
There is a large gap between research and practice.
We need examples to help turn theory into practice
The Continuously Developing Profession
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The New Breed: Actuary 2.0
Needs to: Pick the best tool for the job Use those tools effectively Engage other professions Be aware of recent developments in many
fields Share knowledge and experience
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Web 2.0
A quiet revolution
The era of personal- or participatory media
Aims to harness collective intelligence
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Are we ready?
• Discussion forums already exist on our professions’ websites.
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SA UK US
Area All Ins Ins
Last "post" Dec 2005 Sep 2004 Jun 2006 (current)
Number of "posts"Actuarial 11 4 593 Educational 1 - 10,966 Other - - 87,011 Total 12 4 98,570
Web 2.0: Some useful tools
1. Wikis – The Toolkit Wiki2. RSS Feeds3. del.icio.us4. Blogs5. Open source software – R
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Wikis
• Users free to edit web pages
• www.wikipedia.com
• Ideal for: – sharing knowledge– collaboration on projects
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The Toolkit Wiki: http://toolkit.pbwiki.com
Easy to edit/create pages – have a go in the Sandbox!
Password: GIRO
Great for working parties.
Future is over to you.
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Staying informed
• RSS Feeds
• RSS Aggregators
• Create your own newspaper
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Locating Information
• Search engines
• del.icio.us– Online bookmark manager– Tagging– Useful search results– Find related websites– Profession’s reading lists
del.icio.us
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Blogging
• Online personal journal (web log)
• Good for staying up to date with current issues– E.g. www.realclimate.org
• Some actuaries have started to blog:– www.actuary.net
• Blog search:
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Open Source Software
• Collaboration can yield incredible results– Much web infrastructure is built on open-source
software
• Useful products include:
BUGS
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• Free statistical package
• Fantastic graphics
• Great for simulations
• R Toolkit: Examples for Actuaries
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Summary
Rapidly changing environment
Adapt and collaborate
Toolkit Wiki is one forum to enable this collaboration…
… please help us build it into a useful resource
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http://toolkit.pbwiki.com
Nigel De SilvaToolkit Working Party 2006