Data science

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Data science and its potential for actuaries

The world of data science continues to be both a threat and an opportunity for actuaries. With rapid advancements in technology, we can collect, store, and draw insights from data as never before. This is already both transforming traditional actuarial fields and opening up new sectors and industries to the actuarial profession.

Data science methodologies in your skillset

Our events programme frequently explores the areas of artificial intelligence and data science to help to keep your skillset up to date.

In addition, we recommend:

To seek further advice on updating your skill set in data science, you can use:

The IFoA Certificate in Data Science

After 3 years and nearly 600 graduates, the IFoA is pausing the Certificate in Data Science. We are reviewing how we might best support members to work with data science methodologies as technology rapidly evolves.

Watch for an announcement in 2024.