Actuarial Intelligibility vs Actuarial Precision

Ioannis Chatzivasiloglou~Charalampos Fytros, Grèce

In this paper, we’ll take an enlightening look of what constitutes the actuarial (or any) profession and how performance within the profession is achieved. On that ground, we shall make a clear distinction between detached calculative rationality (leading to indifferent precision) and intelligible expertise (leading to the dynamic evolution of the dominated paradigm). As a result, the role of the actuary and of our actuarial community can only be the support and safeguarding of such an intuitive performance.
Date: 29 May - Time: 14:30 to 16:00 - Room: 253
Theme: 2.A. The responsibility of the actuary