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Jul 28, 2023

Welcome back to part 2 of our 3-part series on AI and ChatGPT, where we continue to explore the potential impacts of AI on the actuarial profession. In this episode, Joe Alaimo, CEO of ProComp, resumes the conversation with Deloitte AIS team members and AI experts, Andrew McLeod and Harrison Jones, focusing on a fictional AI product named ReportGen.AI. This innovative concept aims to revolutionize actuarial reporting by streamlining and enhancing the process. Together, they discuss the benefits of integrating AI in report generation, potential implementation challenges, and the possibilities of incorporating interactive data visualizations and quantitative computation. They also touch upon other potential applications of generative AI and LLMs in the insurance industry. Tune in to delve deeper into how AI is set to reshape the future of actuarial work and stay tuned for the concluding part of the series where they will discuss the future state of this technology.

For more in-depth coverage read Harrison Jones and Andrew McLeod's article in The Actuary.