An Actuarial Toolkit Nigel De Silva Toolkit Working Party 2006.

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Presentation transcript:

An Actuarial Toolkit Nigel De Silva Toolkit Working Party 2006

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

Toolkit Working Party Change: Actuary 2.0 Web 2.0: Some useful tools An Actuarial Toolkit Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

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 Web 2.0: Useful ToolsChange: Actuary 2.0

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 Web 2.0: Useful ToolsChange: Actuary 2.0

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

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 Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

Web 2.0 A quiet revolution The era of personal- or participatory media Aims to harness collective intelligence Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

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

Web 2.0: Some useful tools 1. Wikis – The Toolkit Wiki 2. RSS Feeds 3. del.icio.us 4. Blogs 5. Open source software – R Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

Wikis Users free to edit web pages Ideal for: – sharing knowledge – collaboration on projects Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

The Toolkit Wiki: Easy to edit/create pages – have a go in the Sandbox! Password: GIRO Great for working parties. Future is over to you. Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

Staying informed RSS Feeds RSS Aggregators Create your own newspaper Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

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

Blogging Online personal journal (web log) Good for staying up to date with current issues – E.g. Some actuaries have started to blog: – Blog search: Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

Open Source Software Collaboration can yield incredible results – Much web infrastructure is built on open-source software Useful products include: BUGS Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

Free statistical package Fantastic graphics Great for simulations R Toolkit: Examples for Actuaries Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

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 Introduction Web 2.0: Useful ToolsChange: Actuary 2.0

Nigel De Silva Toolkit Working Party 2006

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