International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
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Impact Factor: 9.24
A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal
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Volume 7 Issue 1
January-February 2025
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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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E-ISSN 2582-2160
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IJFMR DOI prefix is
10.36948/ijfmr
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