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An Actuarial Toolkit

Nigel De Silva Toolkit Working Party 2006. An Actuarial Toolkit. A new language?. Introduction. Change: Actuary 2.0. Web 2.0: Useful Tools. RSS. wiki. blogging. del.icio.us. R. openBUGS. Technorati. SharpReader. OPML. Firefox. wikipedia. Toolkit Working Party Change: Actuary 2.0

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An Actuarial Toolkit

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  1. Nigel De Silva Toolkit Working Party 2006 An Actuarial Toolkit

  2. A new language? Introduction Change: Actuary 2.0 Web 2.0: Useful Tools RSS wiki blogging del.icio.us R openBUGS Technorati SharpReader OPML Firefox wikipedia

  3. Toolkit Working Party Change: Actuary 2.0 Web 2.0: Some useful tools An Actuarial Toolkit Introduction Change: Actuary 2.0 Web 2.0: Useful Tools

  4. Toolkit Working Party Launched at GIRO 2005 Terms of reference Search out and promulgate useful tools for the profession Suggest how the tools may be used Trial these tools Work on an external wiki Focus on education (in bit sized chunks) as well as research Introduction Change: Actuary 2.0 Web 2.0: Useful Tools

  5. Change: are we ready? Operates in a rapidly changing environment driven from within forced by regulators demanded by clients wider fields Morris Review Profession too insular Needs greater focus on CPD Introduction Change: Actuary 2.0 Web 2.0: Useful Tools

  6. CPD for CDP There is a large gap between research and practice. We need examples to help turn theory into practice Introduction Change: Actuary 2.0 Web 2.0: Useful Tools The Continuously Developing Profession

  7. Introduction Change: Actuary 2.0 Web 2.0: Useful Tools The New Breed: Actuary 2.0 Needs to: • Pick the best tool for the job • Use those tools effectively • Engage other professions • Be aware of recent developments in many fields • Share knowledge and experience

  8. Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Web 2.0 • A quiet revolution • The era of personal- or participatory media • Aims to harness collective intelligence

  9. Are we ready? Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Discussion forums already exist on our professions’ websites.

  10. Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Web 2.0: Some useful tools • Wikis – The Toolkit Wiki • RSS Feeds • del.icio.us • Blogs • Open source software – R

  11. Wikis Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Users free to edit web pages • www.wikipedia.com • Ideal for: • sharing knowledge • collaboration on projects

  12. Introduction Change: Actuary 2.0 Web 2.0: Useful Tools The Toolkit Wiki:http://toolkit.pbwiki.com • Easy to edit/create pages – have a go in the Sandbox! • Password: GIRO • Great for working parties. • Future is over to you.

  13. Staying informed Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • RSS Feeds • RSS Aggregators • Create your own newspaper

  14. Locating Information del.icio.us Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Search engines • del.icio.us • Online bookmark manager • Tagging • Useful search results • Find related websites • Profession’s reading lists

  15. Blogging Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Online personal journal (web log) • Good for staying up to date with current issues • E.g. www.realclimate.org • Some actuaries have started to blog: • www.actuary.net • Blog search:

  16. Open Source Software Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Collaboration can yield incredible results • Much web infrastructure is built on open-source software • Useful products include: BUGS

  17. Introduction Change: Actuary 2.0 Web 2.0: Useful Tools • Free statistical package • Fantastic graphics • Great for simulations • R Toolkit: Examples for Actuaries

  18. Introduction Change: Actuary 2.0 Web 2.0: Useful Tools Summary • Rapidly changing environment • Adapt and collaborate • Toolkit Wiki is one forum to enable this collaboration… • … please help us build it into a useful resource

  19. Nigel De Silva Toolkit Working Party 2006 http://toolkit.pbwiki.com

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