Tender Details

Country: United Kingdom
Summary: Research Services - Artificial Intelligence (Ai) and Machine Learning (Ml) in Actuarial Modelling in the Uk
GBT Ref No: 68111651
Deadline: 15 Aug 2022
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: 50000
Notice Type: Tender
Document Ref. No.: FRC2022-0142
Purchaser's Detail:
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Description:
Title : Research Services - Artificial Intelligence (AI) and Machine Learning (ML) in Actuarial Modelling in the UK
Location Of Contract : EC2Y 5AS
Industry : Research and development services and related consultancy services - 73000000
Value Of Contract : £42,000 to £50,000
Description : The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management.The use of Artificial Intelligence (AI) and Machine Learning (ML) is growing in actuarial modelling. The Institute and Faculty of Actuaries (IFoA), the UK's professional association for actuaries, has been encouraging education and training in these techniques among its members and recently launched a data science certificationThe objective of this research is to learn more about the role of AI/ML in UK actuarial modelling practices across pensions, life insurance, general insurance, and wider fields (e.g., banking and investment). It will also compare the extent of AI/ML deployment by the actuarial profession with that of other similar professions. The overall purpose of the research is to improve our understanding of new risks that AI/ML might bring to the quality of actuarial work. To do this, the research will address the fo...
Documents:

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Research Services - Artificial Intelligence (Ai) and Machine Learning (Ml) in Actuarial Modelling in the Uk - Uk Tender

The THE FINANCIAL REPORTING COUNCIL LIMITED, a Government sector organization in United Kingdom, has announced a new tender for Research Services - Artificial Intelligence (Ai) and Machine Learning (Ml) in Actuarial Modelling in the Uk. This tender is published on UkTender under GBT Ref No: 68111651 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2022-08-15.

The estimated tender value is 50000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.