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A Reality Check for Predictive Models

My actuarial career began with the naive belief that anything could be mathematically modeled, that model-based prediction was only limited by the sophistication of our models and the degree of our in

Riskmatician / riSK'me'tiSHen / (noun)

A riskmatician is someone who uses extensive knowledge of mathematics in his or her work to solve problems involving financial risk. Riskmaticians are concerned with using probability interpretations,

Games of Chance

I worked for a Property & Casualty insurer in Seattle. It was my first year out of college. My desk covered with exam problems. My stress level low, still 7 weeks before my exam. My boss walks up. He

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