Predictive Modeling for Actuaries: Eight Great PowerPoint Presentations and Articles,by Claude PenlandPredictive Analytics...
Upcoming SlideShare
Loading in...5
×

Actuarial: predictive modeling analytics for the actuary

903

Published on

Actuarial: predictive modeling analytics for the actuary

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
903
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
14
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Actuarial: predictive modeling analytics for the actuary

  1. 1. Predictive Modeling for Actuaries: Eight Great PowerPoint Presentations and Articles,by Claude PenlandPredictive Analytics for the Property & Casualty, Health and Life ActuaryThis article will provide eight examples of strong industry presentations and articles where actuariescan apply predictive modeling to life insurance, property and casualty insurance and health insurancedata.At the Society of Actuaries’ Annual Meeting, a Fellow of the Society of Actuaries discussed PredictiveModeling in Life Insurance. Topics included generalized linear modeling, mortality analysis,policyholder behavior and stochastic modeling.At the Actuaries’ Club of Boston and Hartford/Springfield Joint Meeting, a Chartered Financial Analyst/ Fellow of the Society of Actuaries applied Predictive Modeling to Variable Annuity Lapse Rates.Two Fellows of the Casualty Actuarial Society presented to the SoCal Actuarial Club on PredictiveModeling for Property-Casualty Insurance. This is a substantial presentation on predictive modelingstrategies, methodologies and techniques.Consultants at Towers Watson have written Multiple Dimensions of Pricing Sophistication, whichdescribes five dimensions of property and casualty insurance rating sophistication. These are pricingstrategy, competitive sensing, rating plan design, modeling approach and data.PointRight employees recently wrote on Building and Maintaining a Profitable Captive Insurer withPredictive Modeling.At the Casualty Actuarial Society’s Ratemaking Seminar, a consulting actuary presented on DataPreparation for Predictive Modeling, and described data requirements, types of data variables andvarious data quality issues.For the health actuary, More Predictive Modeling of Total Healthcare Costs Using Pharmacy ClaimsData: Adherence Dimension and Boosted Regression covers pharmaceutical claims predictive methods.It was presented at the American Society of Health Economists Conference.In Building a Predictive Model: An Example of a Product Recommendation Engine, Intelligent Miningdescribes a predictive analytics algorithm that could be applied to building an insurance productrecommendation engine.Read more at http://www.claudepenland.com/2011/02/14/predictive-modeling-for-actuaries-eight-great-powerpoint-presentations-and-articles/

×