What is Actuarial Judgment and how does one develop it? This is a question that is often asked by new actuaries, including those in companies where there isn’t a core of senior actuaries to lean on. The presenters have developed some insight based on their experience and plan an interactive session to discuss these topics. How did you develop Actuarial Judgment? Does one ever stop developing Actuarial Judgment? What guidance would you give to aspiring young actuaries?
Learning Objectives:
Define actuarial judgement and the relationship between training, standards of practice, and the code of conduct.
Understand the tools necessary to develop actuarial judgement.
Understand indicators of good actuarial judgement and how to maintain good actuarial judgement under pressure.
