Health Insurers commonly face challenges regarding data including:
Limited knowledge of how to handle large datasets
Lack of a common language to discuss data challenge
Limited understanding of how to use data and analytics to inform and facilitate decision-making
We are seeing a turn in the market to use data and analytics to cultivate an insights-driven culture. But we are noticing a disconnect between the actuaries that are able to glean these insights and the new technologies required to handle the amount of data available to them. During this session you will look at moving from MS Excel to more advanced data handling and modeling tools (e.g., Alteryx), visualization tools (e.g., Power BI & Tableau) and expanding utilization of these tools and analytics.
By attending this session, you will:
• Understand data and analytics (D&A) concepts, methods, and fundamentals to help drive value.
• Gain an appreciation for data privacy, protection protocols, and related ethical considerations when working with data.
• Be able to identify of how to use data and analytics to inform and facilitate decision-making.