ASTIN: Explainable AI for Claims Reserving: Bridging Actuarial Practice and Machine Learning
Virtual Event
March 4
@
8:30 AM
-
9:30 AM EST
This session brings together actuarial and machine learning perspectives to explore how AI can support reserving practices.
Due to unforeseen scheduling issues, we have had to adjust the start time of our upcoming webinar. We kindly ask that you take note of the new start time and join us accordingly: New Webinar Start Time: 8:30 EST |2:30 PM CET 04 March We apologize for any inconvenience this may cause and appreciate your understanding. We look forward to your participation.
The actuarial perspective will cover the practical limitations of current reserving workflows, where judgment enters traditional methods and why consistency is difficult, and what actuaries need from AI, including transparency, validation, and governance. It will also include a case study comparing traditional results with AI supported modeling and how ML results can serve as a second opinion framework.
The machine learning perspective will cover the Bayesian ML framework, including its architecture, model selection based on predictive power and cross validation, and how explainability is built into the model. It will also discuss why full distributions matter more than point estimates and share technical lessons from applying ML to insurance triangles.
Speaker: Yulia Nechay Yulia Nechay is a fully qualified actuary with over 16 years of experience in non life insurance, covering reserving, pricing, reinsurance, and portfolio risk management. She is co-founder of PredicTri, where her work focuses on actuarial methodology, model validation, and explainability in AI based reserving frameworks. She is actively involved in international actuarial discussions on the adoption of AI and leads the professional Linkedin community Next Gen Triangle Modeling with AI/ML, dedicated to advancing modern reserving techniques.
Speaker: Ben Zickel Ben Zickel is a physicist and algorithm developer with more than 25 years of experience in signal processing, machine learning, stochastic modeling, and high performance computing. He is co-founder of PredicTri, where he leads the development of Bayesian modeling frameworks, including probabilistic model design, predictive validation, and robust inference methods. His work focuses on translating advanced statistical and computational techniques into practical tools for actuarial decision making.
Session moderator: Joana Raposo Joana Raposo, Senior Non-Life Actuary, is a Portuguese actuary currently based in Luxembourg. She holds a bachelor's degree in Mathematics Applied to Economics and Management and a master's degree in Actuarial Science, both from ISEG - UL (Lisbon, Portugal). She is a qualified actuary and a member of IAP, IFoA, ILAC, and SoAI. She has over ten years of experience in actuarial topics, including pension funds in the UK and Irish markets, (re)insurance for life and non-life, Solvency II, IFRS 17, technical provisions under different bases, and pricing.