Actuarial Transformation: Modernization of General Insurance

Actuarial Transformation: Modernization of General Insurance
PRMIA Hungary presents Actuarial Transformation: Modernization of General Insurance Reserving.
 
  Date:
May 26, 2022

  Time:
16.00 - 17.15 CEST

  Location:
This event will be virtual and the link will be sent to registrants prior to the event. 

 

All actuaries would recognize a claims triangle and are probably familiar with the chain ladder method. While different reserving models helps the actuaries to gain insights into the claims data, the astuteness of reserving and other actuarial analysis will also significantly depend on the quality of the data, the clarity in the communication and the efficiency in the process.
There has been much discussion in the recent years about how advanced analytics and process automation could improve the reserving process. During this meeting we will highlight some of these trends and demonstrate how existing reserving approach could be readily modernized to help reserving actuaries to work more efficiently.
In this webinar we will discuss:

  • Importance of Data Quality Management
  • Auditability of Calculations and Models
  • Regulatory and Business Perspective
  • Role of Interactive Visualization
  • Advanced Analytics and Machine Learning
  • Make better energy trading and contract purchase decisions.
 

Agenda  
  Time   Event  
 
     
  15:50-16:00
  Registration, login
 
 
     
  16:00 -16:05
  Welcome, introduction
 
 
     
  16:05 -16:45
  Modernisation of P&C Reserving
Jordan KoActuary and Senior Solutions Advisor, SAS Institute UKI
 
 
     
  16:45 - 17:15   Q &A with Jordan Ko
Moderator TBA 
 

Speaker  
  
 
  Jordan KoActuary and Senior Solutions Advisor, SAS Institute UKI

 


Participation in the webinar is free, but registration is required. The webinar is in English.
The event is not open to the press. Recording of the event is prohibited and infringes copyright.

The sponsors of PRMIA WEBINAR is SAS Institute.
Further sponsors of PRMIA Hungary Chapter are Budapest Institute of Banking (BIB), International Training Center for Bankers (ITCB), OTP Bank, KPMG, Lippert Ltd., and Finalyse Ltd.
Thanks to our sponsors!
 

Continued Risk Learning Credits: 1

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

Registration

This event is FREE for members and non-members, although registration is required.  Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) Support chapter events like this by becoming a member

 
When
5/26/2022 10:00 AM - 11:15 AM
Where
HUNGARY
 

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Thank you to our sponsors, including:


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