Asset liability management is an important task for any insurer, where tools like Excel play an important role from an analytics perspective. Dashboard tools like Power Bi and Tableau can supercharge an organization’s ability to perform ALM with real-time precision and monitoring of risk/imbalances. The dashboard can provide insights into potential risks posed by asset allocation and concentration, allowing for informed decision-making to mitigate those risks. The presenters will walk the audience through an example of ALM use case, including how to build key performance indicators such as cash flow, asset allocation, and risk exposure. Additionally, we will demonstrate how these types of dashboards can be customized to fit the specific needs of your organization.
The key topics include:
- Application of low-code solutions in facilitating upstream data for visualization tools
- Advantages of using visualization tools in business activities in actuarial space, compared to traditional tools such as Excel
- Utilization of visualization dashboard to solve business problems, with the use case of ALM
By the end of the session, attendees will understand:
- Use of cases of low-code technology
- The applications and benefits of the visualization dashboard
- How to extract key information and identify problems from the ALM dashboard
- How to create a simple ALM dashboard to help understand the financial health of their businesses