Implementing and Governing AI: from use cases to best practices in AI adoption

The presentation will provide an overview of the ongoing activities of the International Actuarial Association’s AI Task Force, focusing on how actuaries can implement AI. It will highlight use cases that not only address gaps within the actuarial community but also inspire attendees with practical examples, offering new ideas and application areas where actuaries can contribute.In addition to implementation and use cases, attention will be given to how actuaries can adopt AI, including best practices and what an effective implementation framework might look like. Taking an end-to-end approach to AI adoption, the presenters will explore various governance aspects such as data selection, training, testing, model development, selection, monitoring, and the operation of AI systems.All examples will relate to actuarially relevant topics and demonstrate how actuaries can successfully adopt AI. The information presented will be based on the work of the Task Force, providing materials and insights from the ongoing activities developed at the IAA.