About the Meeting
This presentation aims to show the actual understanding of experience for an in-force book using life insurance data. The presentation will show each step from importing and cleaning, model building and testing, to visualisation, interpreting and implementation. By doing this, the presenters aim to show the benefit of using advanced analytics over traditional A/E methods. We will show by way of a practical walk through, including examples of code each of the main steps in the process.
The presenters will also discuss the strategic steps a life company can follow to turn their actuarial function into a team that can focus on analytics that delivers data-driven insights. This aims to give chief actuaries; CFOs and data officers the comfort of knowing that data analytics does not require a redesign of the data and actuarial teams, but can grow organically out of existing resources.