International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 1 (January-February 2025) Submit your research before last 3 days of February to publish your research paper in the issue of January-February.

Cross-Domain Knowledge Sharing: Bridging Gaps Between Actuarial Science and QA

Author(s) Chandra Shekhar Pareek
Country United States
Abstract The intersection of actuarial science and quality assurance (QA) unveils a transformative opportunity to redefine the paradigms of testing and validation within the insurance domain. Actuarial science, with its advanced statistical models, predictive analytics, and risk quantification methodologies, offers a unique lens to elevate QA frameworks. This paper explores the synergies between these disciplines, advocating for a cross-domain knowledge-sharing ecosystem that fuses actuarial precision with QA’s rigor in system validation.

We propose a next-gen framework that leverages actuarial metrics for enhanced risk-based testing, integrates probabilistic modeling to anticipate and mitigate systemic failures, and employs predictive algorithms to optimize test coverage. The study also emphasizes the critical role of unified platforms, collaborative training initiatives, and domain-agnostic toolchains in driving convergence. Real-world applications, including fraud detection, accelerated underwriting, and regulatory compliance validation, demonstrate the tangible value of this integration.

This paper serves as a blueprint for embedding actuarial intelligence within QA ecosystems, enabling hyper-accurate testing protocols, mitigating operational risks, and ensuring scalable, compliant, and resilient systems that cater to the evolving demands of the insurance landscape
Keywords Actuarial Science, Quality Assurance (QA), Predictive Analytics, Risk-Based Testing, Fraud Detection, Probabilistic Modeling
Field Computer > Data / Information
Published In Volume 7, Issue 1, January-February 2025
Published On 2025-01-10
Cite This Cross-Domain Knowledge Sharing: Bridging Gaps Between Actuarial Science and QA - Chandra Shekhar Pareek - IJFMR Volume 7, Issue 1, January-February 2025.

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