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Maths-Adds-13-14

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Post Graduate Internships<br />

Insurance<br />

Enchance your<br />

career prospects<br />

Meyers-Shi finalisations and<br />

chain ladder serial correlations<br />

Mentor: Jun Ma, Macquarie University<br />

Intern: Jing Xu, Macquarie University<br />

Industry Partner: Greg Taylor, Taylor Fry Pty Ltd<br />

Taylor Fry is leading independent consultancy<br />

firm that offers analytics, actuarial, statistical and<br />

policy advice to business and government.<br />

The research conducted relates to the much<br />

publicised data set compiled by author Meyers and<br />

Shi available on the Casualty Actuarial Society<br />

website. The data contains triangles of paid claims<br />

and incurred claims, and also triangles of counts of<br />

reported claims and finalised claims respectively.<br />

The project assessed the extent to which the use<br />

of the count triangles improves prediction error in<br />

loss reserving.<br />

See more projects at www.AMSIIntern.org.au<br />

A guide for students to the job market <strong>Maths</strong> ad(d)s 20<strong>13</strong>/<strong>14</strong><br />

21

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