Improving the Global Actuarial Practice with Artificial intelligence and Data Science

 Submitted by: Ifedamola Oyewole - Nigeria 

The world is tilting towards advance data analysis technique, the growth in artificial intelligence (AI) and Data science have empowered analyst to automate difference process and activities carried out manually or semi-automated. Actuaries are advancing technical capabilities in this field by personal study, research and development, this is however not equally distributed. The future of data analysis denotes more expertise in the AI and Machine Language field, setting up a framework for global application of these tools will help all actuaries harness thought and knowledge on basic processes which becomes the foundation of further applications and usage of these tools.