Final ASSA Presentation

An Actuarial Toolkit Nigel De Silva Toolkit Working Party 2006 A new language? RSS wiki blogging del.icio.us R Technorati Firefox Introduction openBUGS SharpReader wikipedia Change: Actuary 2.0 OPML Web 2.0: Useful Tools An Actuarial Toolkit  Toolkit Working Party  Change: Actuary 2.0  Web 2.0: Some useful tools Introduction Change: Actuary 2.0 Web 2.0: Useful Tools 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 Introduction Change: Actuary 2.0 Web 2.0: Useful Tools 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 Introduction Change: Actuary 2.0 Web 2.0: Useful Tools CPD for CDP The Continuously Developing Profession   There is a large gap between research and practice We need examples to help turn theory into practice Introduction Change: Actuary 2.0 Web 2.0: Useful Tools 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 Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Web 2.0  A quiet revolution  The era of personal- or participatory media  Aims to harness collective intelligence Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Are we ready? • Discussion forums already exist on our professions’ websites Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Web 2.0: Some useful tools Wikis – The Toolkit Wiki RSS Feeds del.icio.us Blogs Open source software – R Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Wikis • Users free to edit web pages • www.wikipedia.com • Ideal for: – sharing knowledge – collaboration on projects Introduction Change: Actuary 2.0 Web 2.0: Useful Tools 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 Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Staying informed • RSS Feeds • RSS Aggregators • Create your own newspaper Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Locating Information • Search engines • del.icio.us – Online bookmark manager – Tagging – Useful search results – Find related websites – Profession’s reading lists Introduction Change: Actuary 2.0 del.icio.us Web 2.0: Useful Tools 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: Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Open Source Software • Collaboration can yield incredible results – Much web infrastructure is built on open-source software • Useful products include: BUGS Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Free statistical package • Fantastic graphics • Great for simulations • R Toolkit: Examples for Actuaries Introduction Change: Actuary 2.0 Web 2.0: Useful Tools 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 Introduction Change: Actuary 2.0 Web 2.0: Useful Tools http://toolkit.pbwiki.com Nigel De Silva Toolkit Working Party 2006