Who needs an actuary? Almost everyone, it turns out

Actuaries are one of the oldest data scientists in the world. Actuaries are trained to take a long-term view on the models and ask whether it is fair, explicable, and stable over decades, and not just focus on its near-term prediction abilities. Actuarial training helps develop and refine the core skills of quantifying uncertainty and long-term risks. This would transfer to several domains that help businesses understand financial consequences of their decisions using probability to appreciate outcomes.

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