Actuaries are now being required to align their work with the business goals of the carriers that employ them. (Shutterstock) Actuaries are now being required to align their work with the business goals of the carriers that employ them. (Shutterstock)

The proliferation of analytics across the insurance industry has created an army of amateur data scientists, many of whom believe they have discovered the next big variable or data set that can enhance, or even replace, actuarial tables.

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