Devadeep Gupta FIAI CERA

Delighted to share my thoughts with Asia Insurance Review on how AI and automation are likely to impact actuaries and the skills required to help insurance companies evolve and embrace the new tools and technology available #asiainsurancereview #actuaries #actuary #ifrs17 #insurance #reinsurance #chiefactuary #chiefriskofficer #actuariesontap #ai

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✨ Why Choose SOA for Your Actuarial Journey? ✨ Starting your path in actuarial science? The Society of Actuaries (SOA) offers a tailored experience to help you succeed. With flexibility, cost savings, and a structured exam process, SOA makes your journey smoother and more rewarding. From multiple exam attempts to quick results, SOA is designed with your growth in mind. Don't wait—take the first step toward a thriving career in actuarial science with SOA. 🌐 Ready to shape your future? Start with SOA today #actuarialscience #soa #careerdevelopment #examsuccess #futureready #aei #actuators

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Thrilled to have been a part of this week’s Insuretech Connect Asia 2024! As an actuary, quality data is of paramount importance. Prioritising its relevance and reliability, while supplementing it with external sources and tailored methodologies, is key for insightful business outcomes. Our panel, "Smart Decisions: How to Leverage Data in Insurance Pricing," extensively explored the transformative power of data within our industry. Big thanks to my co-panellist, Thibault Imbert, and our adept moderator, Adèle Maillard, for facilitating such a wonderful discussion today. Together, we're charting a course towards a data-driven future in insurance! 🚀 #ITCAsia #Insuretech #DataDrivenInsight

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Professionalism experts discuss important takeaways for actuaries tasked with ensuring successful self-regulation and compliance during a panel at #EnvisionTomorrow. #Actuaries2024

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Actuarial science is transforming—and fast! 💡 From AI-powered risk models to navigating climate risks and cyber threats, actuaries are playing an increasingly vital role in shaping the future of insurance, finance, and beyond. Discover how the evolving role of actuaries is making businesses more resilient in an uncertain world. 🌍📈 Something exciting is coming your way. 🔅 #actuarialscience #riskmanagement #ai #predictiveanalytics #hewittstone

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Actuarial science is transforming—and fast! 💡 From AI-powered risk models to navigating climate risks and cyber threats, actuaries are playing an increasingly vital role in shaping the future of insurance, finance, and beyond. Discover how the evolving role of actuaries is making businesses more resilient in an uncertain world. 🌍📈 Something exciting is coming your way. 🔅 #actuarialscience #riskmanagement #ai #predictiveanalytics #climatechange #cyberrisk #IFRS17 #sustainability #financetrends

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Risk is a big part of life and the Actuarial world as a whole. Trying to avoid it is an impossible game which is why diligence and intelligence are required to succeed in the Actuarial world. In this insightful video, Muhammad Owais shares a light-hearted quip on the safest way to double your money without any risk. What lessons have you learned from your experiences in the Actuarial Sciences. Share your experiences, anecdotes, and stories with us in the comments and help spread the wisdom. #SHMA #ActuarialLessons

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The Increasing Demand for Health Actuaries: A Critical Role in Today’s Healthcare Landscape 🏥📊 As the healthcare industry undergoes rapid transformation, the role of actuaries is becoming increasingly vital. The demand for health actuaries is on the rise, driven by several compelling factors that highlight their critical expertise in navigating the complexities of health-related risks. One significant driver of this demand is the ongoing evolution of healthcare systems worldwide. 🌍 With the advent of value-based care models, health actuaries are essential in analyzing the financial implications of these changes. Their expertise enables healthcare organizations to assess and manage risks associated with patient outcomes, cost containment, and financial sustainability. By providing valuable insights based on robust data analysis, health actuaries help ensure that organizations make informed decisions that enhance patient care while maintaining fiscal responsibility. 💡 Additionally, as healthcare costs continue to soar, insurers and providers are looking for innovative ways to mitigate financial risk. 💸 Health actuaries utilize their skills in statistical modeling and predictive analytics to assess trends, manage reserves, and predict future healthcare costs accurately. Their ability to forecast the financial implications of chronic diseases, emerging health technologies, and demographic shifts is invaluable in an industry where uncertainty is the norm. Moreover, the rise of big data and advanced analytics in healthcare is creating new opportunities for actuaries. 📈 With access to vast amounts of health data, actuaries can employ sophisticated algorithms to identify patterns and risk factors, enabling healthcare organizations to tailor their services effectively. This data-driven approach not only enhances decision-making but also contributes to improved patient outcomes. 🤝 Finally, the COVID-19 pandemic has underscored the importance of health risk assessment. As healthcare systems globally adapt to the challenges posed by pandemics, actuaries are crucial in modeling potential scenarios and preparing for future health crises. 🌐 In conclusion, the increasing demand for health actuaries reflects their indispensable role in the evolving healthcare landscape. As organizations strive for innovation and sustainability, actuaries will continue to be at the forefront, shaping the future of health financing and management. For those considering a career in this field, the opportunities are not just abundant but also impactful, making it a rewarding path in today’s dynamic environment. 🚀✨ Please reach out to me for a private discussion if you are interested in knowing more about the Actuarial recruitment market! #ConnectedGroup #CGActuarial #stayconnected #healthactuary

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In early April, the AI Summit in Singapore brought together more than 50 actuaries from 17 countries to discuss AI's transformative impact on the actuarial profession. 🤖 Sponsored by the International Actuarial Association (IAA), the event highlighted how AI is creating new roles and solutions for actuaries. Explore key takeaways from the summit in a new article by Jing Lang, FCIA, to learn how the IAA's AI Task Force is gearing up the profession for the future. And, with interviews featuring AI Task Force members and FCIAs Tim Bishop and Bernice Lim, discover the future implications of AI on the industry. 💡 Matt Bartley, FSA, FCIA #ActuarialExcellence #AI #ArtificialIntelligence #ProfessionalDevelopment #AIforActuaries

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To celebrate #AANHPI Month, #TheActuary released a new article focusing on the positive impact Asian actuaries make to the actuarial profession, the ever-growing representation of them in the workplace, the difficulties of the bamboo ceiling and more. Read the article at https://bit.ly/3wuKEwK.

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Building on her insights from the International Actuarial Association AI Summit in Singapore, Jing Lang, FCIA, explores practical ways for actuaries to actively engage with AI technology in a new follow-up article. 🤖 Featuring an interview with AI Task Force member Matt Bartley, FSA, FCIA, discover the specialized training programs, AI-powered tools in development and knowledge-sharing communities that actuaries can use to thrive in the age of AI. #ActuarialExcellence #AI #ArtificialIntelligence #ProfessionalDevelopment #AIforActuaries

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The actuarial job market is evolving, and so are the skills employers are looking for. This week on Actuaries Digital, SKL Actuarial's founder and Managing Director, Jas Singh (FIAA) shares his insights on the top skills and attributes that can set you apart in 2024. From programming expertise to effective communication and strategic thinking, actuaries must now master a diverse skill set to stay competitive while blending technical and soft skills. Discover how you can enhance your competitive edge and meet the demands of the ever-changing actuarial landscape: https://lnkd.in/g3bYMs37 #actuaries #careerdevelopment #softskills #JobMarket2024

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In this edition of Let's Read, we dive into two compelling articles from leading actuarial magazines; The Actuary magazine, and Contingencies of American Academy of Actuaries shedding light on important industry and professionalism topics from different perspectives. Learn how superfunds operate and their growing role in pension solutions in the article 'Super Solution: How Superfunds Work' by Sam Tomes and Luke Stratford-Higton. This informative piece breaks down the mechanics and benefits of superfunds in today’s pension landscape in the UK. Link to the article: https://lnkd.in/dSnGmpFZ Explore the complexities of ethical decision-making in the actuarial field with April Choi's article, 'Upholding Actuarial Professionalism: Navigating Ethical Challenges.' This insightful piece sheds light on how actuaries maintain integrity in a rapidly changing profession. Read here: https://lnkd.in/djHi4vYN Let's read...

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In Indonesia, roughly half of who is considered insurance literate ended up buying the product, while leading insurance players’ current operations are concentrated in few major provinces. Those nuances are hard truth the market is facing and it calls for solution from every stakeholders so the growing population and economy of Indonesia could get the protection they and their family deserve. It was a pleasure to speak with Yashish Dahiya, Co-Founder of Policy Bazaar & Group CEO at PB Fintech, and Roopa Malhotra, Head of Customer & Digital, Asia Pacific at Zurich Insurance and discuss how various stakeholders can work together to close protection gap in our region through multi-faceted approach that involves education, government support, industry innovation and consumer awareness. You can watch the full episode below… #insurance #protectiongap #innovation #emergingrisks #insuranceawareness #ZurichInsurance #ZurichIndonesia #ZurichTopasLife #createabrighterfuturetogether

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Actuaries of 2025: Ready to Shape the Future? The actuarial profession is evolving like never before. In 2025, actuaries are not just analysts but strategic leaders driving innovation in: 📌 AI and Machine Learning 📌 Climate Risk and Sustainability 📌 Cybersecurity and Tech Risk 📌 Health and Wellness Analytics Whether you’re building your dream team or looking to redefine your career, Hewitt Stone is here to guide you. ➡️ Learn more about how we’re shaping the future of actuaries. ⤵️ https://lnkd.in/dQJjAtS8 #ActuarialTrends #FutureOfWork #HewittStone #ActuarialCareers #Innovation

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Arpan does not believe in show off but we do 😜. Here's what Actuarial students are fighting for to put those 3 letter word with their name. Yet, for Arpan this is merely a piece of paper. What drives him is if he can solve problems where other Actuaries give up. Your mindset can make this your biggest achievement or just one of the achievements amidst the numerous challenges that you will face and conquer in your life. FIA is just the beginning of your Actuarial journey.

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Do you know when the two trains will catch up? Share your answer in the comments section. Don’t forget to tag your puzzle-loving friends so they can join in the fun! Keep following our page for more interactive games, the latest industry trends, Actuarial insights, and much more. To learn more about us, visit www.shmaglobal.com or connect with us at [email protected] #SHMA #Actuary #Puzzle

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Can the efficiency of actuarial software really have a significant impact on the implementation of IFRS 17? Alex Tsai, Head of Greater China, recently spoke at the Insurance Insight Summit in Beijing unravelling the continuous paradigm shift that the actuarial landscape continues to undergo. This has led property insurance companies to explore the traditional boundaries of actuarial software, alongside the shortcomings of predictive capabilities in traditional life insurance actuarial models. Hear more from Alex in our latest blog here: https://ow.ly/Bscy50Son6U #IFRS17 #Actuarial #Insurance

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The actuarial qualification process is known for its challenge and rigour. But what if you fail an exam? New Fellow Siddhant Gandhi shares what he learned from failing actuarial exams. “The fact that I persevered and pushed through despite failing so many times is something that I am quite proud of. And I already look back on it as a source of inspiration for other walks of life.” says actuary Siddhant Gandhi. Listen to Sidd’s tips below, and make sure you're following the We Are Actuaries podcast to catch the full interview when it drops next week. #actuary #actuaries #podcast #weareactuaries #failure #Perseverance 

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