Over the last years, typical data science tasks like data manipulation and modeling have gained a stronger foothold in the day-to-day professional life of the actuary. Open source languages are renowned to be especially equipped to deal with these kind of tasks, but can also be tricky to get started with, especially when one has not been properly introduced to them.
Open source tools like R, Python and more recently Julia have gained a lot of momentum in recent years, not just in popularity but also in number of contributed code. Their respective communities are nowadays no longer exclusively composed of academic researchers and scientists, but also of professionals of all sorts of backgrounds, especially since the industry and corporate world have understood the added value of ‘community driven software’ and started to plug open source tools into their processes and corporate tissue.
On top of this, actuaries are confronted with the same issues as academic researchers and scientists: the production of readable, shareable and reproducible code and results.
Organised by the EAA - European Actuarial Academy GmbH.