The Guardian Life Insurance Company of America, one of the largest mutual life insurance companies in the US, has recently undergone a huge digital transformation, leading the company to require its actuaries to develop new skills to optimize the vast amount of data it has at its disposal.
CIO Dean Vel Vecchio described how Guardian Life is using General Assembly, a technology, business and data training company, to train some of its actuaries in data science due to struggles locating talent in the field.
“We made an investment in General Assembly, and they’re training some of our actuaries to become data scientists. We think there is a natural opportunity there as they’re both familiar with using algorithms,” Del Vecchio said.