The Roux Institute at Northeastern University adds Sun Life as its 11th business partner – News@Northeastern

8July 2020

The Roux Institute at Northeastern University is partnering with Sun Life U.S., among the largest group benefits providers in the nation. Sun Life becomes the 11th corporate partner of the institute, which will open in Portland, Maine in September as a development hub for research study and graduate education in innovation and data science.

Sun Life, which has a significant presence in Southern Maine, sees a collaboration with the Roux Institute as a chance to inform present and future staff members in programs tailored to its market needs.

Dan Fishbein. Picture courtesy Sun Life” We are trying to build up a stronger understanding economy, and there really are no graduate programs in these fields in Maine today, “states Dan Fishbein, M.D., president of Sun Life U.S. and a longtime Maine local. “At Sun Life we want to employ more talent with these backgrounds, and I know many other Maine employers share that goal. Bringing in these graduate programs through association with a top university like Northeastern is an incredible development for the state of Maine and for companies like Sun Life.”

A core mission of the Roux Institute is to inform generations of skill for the digital and life sciences sectors. Innovation entrepreneur David Roux and his wife, Barbara, invested $ 100 million to support the institute’s future activities,

with the goal of driving continual economic development in Portland, the state of Maine, and northern New England.”At Northeastern, consisting of at the Roux Institute, business partners are at the table with us from day one, “says Joseph E. Aoun, president of Northeastern.”Together with Sun Life, our Roux Institute will tailor curricula and opportunities that enable the business and its labor force to update and expand its presence in Maine. This is an amazing partnership.”

Sun Life will initially work together with the institute on research in the actuarial sciences, in which machine learning and other technologies will be married with data analytics to help form predictions for the insurance market.

Joseph E. Aoun, president of Northeastern (left), is joining with David and Barbara Roux to open a graduate education and research campus in Maine's largest city. Photo by Matthew Modoono/Northeastern University

“If you think of it, actuaries are the original data scientists,”says Fishbein, whose company uses 200 actuarial staff in the U.S. “What we would like to do is infuse the current data-science practices into our actuarial community

. A very first component of the partnership is to deal with the Roux Institute to produce that custom-made program for our actuarial population.” The Roux Institute will provide post-baccalaureate courses, certificates, and master’s degrees in computer science, information analytics, artificial intelligence, bioengineering, cloud computing, bioinformatics, and project management, among others. The institute will likewise feature an experiential PhD program that is built around internships, fellowships, and other unique initiative programs focused on expert system and artificial intelligence.

In cooperation with its partners and city government, the institute’s objective is to make it possible for the development of current businesses in Maine, bring in brand-new companies to the region, and launch research ventures that are customized to the needs of regional business.

The Roux Institute provides its partners tailored academic chances for workers, new skill pipelines that can be accessed by means of co-ops and full-time hires, and research study that responds to the requirements of employers.

Sun Life joins a household of Roux Institute partners that includes:

  • Bangor Savings Bank, the second-largest bank in Maine;
  • IDEXX, a leader in animal health care innovation that offers veterinary product or services all over the world;
  • The Jackson Lab, an independent, not-for-profit biomedical research institution based in Maine that has facilities in Connecticut, California, and Shanghai, China;
  • L.L. Bean, a worldwide acknowledged outdoor seller;
  • MaineHealth, the biggest health care organization in Maine;
  • PTC, a global software business with 6,000 employees in 30 nations;
  • Thornton Tomasetti, a New York-based engineering consulting company that has created several of the world’s highest structures;
  • Tilson, a global provider of network implementation and professional services to telecom, building and construction, energy, and government customers;
  • Unum, a Fortune 500 company that provides advantages to workers of 193,000 companies internationally;
  • WEX, a global leader in financial technology that serves countless companies.

For Sun Life, the proximity to the Roux Institute in Portland creates unique opportunities to continuously inform its labor force as its markets’ priorities and locations of focus evolve. The company has over 500 employees in Maine, and has strategies to develop a new workplace in downtown Portland with broadened capability, across from the Roux Institute’s brand-new starting place.

Portland, a center for U.S. disability insurance coverage skill, is becoming a development center, and the downtown area has actually ended up being a thriving organisation neighborhood

“We have been reassessing our whole strategy toward university collaborations with the concept that we should have at least one strong collaboration at each of our significant places,” Fishbein says. “We were right away interested in the concept of being a corporate partner with the Roux Institute.”

For media queries, please contact Shannon Nargi at s.nargi@northeastern.edu!.?.! or 617-373-5718. Source: news.northeastern.edu

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