Insurance Data Concepts and Analytics Workshop

The CAS Institute (iCAS) and the Insurance Data Management Association (IDMA) are partnering to host a one day workshop – Insurance Data Concepts and Analytics.  This workshop will cover topics and concepts that data management professionals, actuaries, and data scientists need to know to effectively prepare, understand and use data for analytics.

This workshop will enable you to:

  • Obtain fundamental knowledge about insurance data, data management principles, best practices and data analytics.
  • Expand your knowledge by learning how to apply data management best practices and to use technical tools to manage, evaluate and organize data analytics.
  • Position yourself to join a community of professionals engaged in insurance data management and leverage your predictive analytics and data science skills to address practical business problems.

Topics:

  • Data Quality Concept
  • Metadata and metadata management
  • Sources of data
  • Working with data
  • Insurance Data-Driven Decision Making
  • Regulation and privacy issues
  • Data Governance Concepts
  • Case studies in data preparation

Instructors

Louise Francis is the Consulting Principal and founder of Francis Analytics and Actuarial Data Mining, Inc. where she leads reserving, pricing, predictive modeling, simulation and related actuarial projects and engagements.

Ms. Francis has introduced insurance professionals to advanced modeling methods, including simulation, predictive modeling and text mining, both as a speaker at conferences and as an author of papers and articles. Five of her papers were awarded the Data Quality/Data Technology prize by the CAS and IDMA. The papers covered specific modeling procedures such as neural networks and MARS (multivariate adaptive regression splines) as well as leading edge data gathering techniques such as text mining. They also illustrated a variety of insurance applications including fraud modeling, reserving and underwriting. She has also won two awards for papers and essays related to the financial crisis. Ms. Francis is a former VP Research for the CAS. She is on the Joint Risk Management Council and is chair of the JRMS research committee. Ms. Francis is also the CAS representative and Secretary to the ASTIN committee. Ms. Francis has been involved in a number of other CAS initiatives, including estimating reserve variability, improving data quality, and reviewing papers for the CAS journal Variance. She is an instructor with Mark Shapland of the CAS Limited Attendance Seminar on Reserve Variability and routinely applies the methods she teaches in her practice.

Tracy Spadola is Vice President, Strategic Data Operations at ISO Solutions. She has over 30 years’ experience in data management and business and analytics consulting. She earned a Master’s Degree in Organizational Leadership from Quinnipiac University. She holds the Chartered Property Casualty Underwriter (CPCU) and Certified Insurance Data Manager designations. She is a Fellow of the Insurance Data Management Association, and is a past President and Chair of the Board of Directors. She is currently the association’s Vice President of Business Development.

How Can I Get Started?

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Other Credentials

Certified Specialist in Predictive Analytics (CSPA)

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Catastrophe Risk Management

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