Actuarial Challenges: What’s Analytics Got To Do With It?

“More art than science.” That’s how one actuarial executive described the work being performed by his brethren in the health insurance industry. The sentiment—if not the exact words—was repeated often as SAS and Health Data Management conducted in-depth interviews with senior actuarial executives (SAEs) across the country in an effort to shed light on their attitudes toward the use of analytics.

The big question, however, is: Would SAEs hold on to this more-art-than-science perception if