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Evaluation

RPM Seminar

Professionalism/Regulation

Level 1: No prior knowledge of the subject (0-3 Years)

C:AS:L1

S:PR:L1

T:PR:L1

Professionalism Considerations of Using LLM in Actuarial Applications

PR-4 - Professionalism Considerations of Using Large Language Models in Actuarial Applications

Tuesday, March 19, 2024
8:00 AM – 9:00 AM CST
CE: 1.2
Livestreamed Not Recorded
In the last year, an explosion in the usage of large language models (LLMs) has produced widespread excitement but also anxiety about the potential of AI to simplify or perhaps replace human work. In this session we'll briefly review these models and how they might be used for actuarial work, and then focus on the professionalism considerations for any actuaries relying on these models.

Learning Objectives:

  • Identify how the Code of Conduct and ASOPs apply to Large Language Models.
  • Discuss responsibilities and considerations when using Large Language Models for actuarial work.
  • Explore potential problems with using Large Language Models for actuarial work.