AI is an important global topic that is getting increased public attention, including from key Supranational organizations. Modern AI approaches link algorithms comprehensible to relatively few experts (including actuaries working in the practice area of data science) with almost all aspects of professional and everyday human activities. Actuaries, with their unique expertise and skill set, have a role to play in identifying and managing the risks involved in designing and using AI and also in exploiting responsibly the opportunities AI offers. As the worldwide organization of actuarial associations, the IAA can play a role in facilitating the inclusion of actuaries in the AI conversations at a global level. 

The IAA has adopted a Statement of Intent for IAA Activities on Artificial Intelligence (AI). 

Through these initiatives on AI, the IAA is looking to advance the competency of the profession with respect to AI by creating awareness of the risks and opportunities related to AI, and educating actuaries; Promote the role of the actuary in existing and emerging wider fields and raise the profile of the actuary; and Proactively engage with Supranational organizations on AI-related risks to provide actuarial perspectives in their own AI related initiatives.

The IAA established the Artificial Intelligence Task Force (AITF) in 2023 (Members).

The AITF has five work streams to prepare the profession to respond to the challenges for the profession in these five areas: 

  • Professionalism and Ethics (led by Peter Withey)  »  Members
  • Education (led by Henning Wergen)  »  Members
  • Changing Role of Actuaries (led by Steven Claxton)  »  Members
  • Governance (led by Bogdan Tautan)  »  Members
  • Innovation (led by Tim Bishop and Alice Locatelli)  »  Members
Events