Data science and AI

About actuaries in data science and AI

AI offers both immense opportunity as well as risk. Our actuarial community is full of vibrant and pioneering data science and AI experts. In an AI-augmented world, actuaries add value as strategic visionaries, ensuring that data-driven decisions align with long-term business goals and societal needs.

Today, many of our members are making significant contributions in areas like financial services, loyalty schemes, retail, telecommunications, technology, health and social policy. They’re helping major market players on their digital transformation journeys and are supporting public sector agencies to uplift their service delivery models.

As generative AI becomes mainstream and ethical standards evolve, data science and AI actuaries play a vital role in helping organisations extract insights from diverse data sets. With rigorous training, ethical focus and innovative approaches, they make a unique global impact, especially in response to shifting consumer behaviours, AI advancements, climate change and new views on mental health. 

Data science and AI in our qualification programs and learning resources

Our qualification programs and lifelong learning initiatives focus on data science. In the Actuary Program, one of the four subjects — Data Science Principles — builds on foundational knowledge, equipping students with advanced analytical tools for real-world business applications.

In the Fellowship Program, a new Module 3 subject — DSA: Data Science Applications — has also been introduced. As part of our lifelong learning offering, this can also be studied as a microcredential.

Are you a member? You can also foster your knowledge and build your skills through our self-directed, free online AI and Data Science Learning Resource.