The MuSigma Webinar Series seeks to provide a forum for the presentation and discussion of topics relevant to today’s practicing actuaries, and to give actuaries another option when pursuing continuing education in organized activities.
It’s our goal each month to bring to the actuarial community a webinar and a speaker in order to provide topical, timely, and free access to quality continuing education opportunities.
You can register for the next webinar at http://www.cgconsult.com/MuSigma
If you have suggestions for an upcoming webinar, or would like to volunteer to present a topic, please contact Bret Shroyer at bret.shroyer@cgconsult.com.

Upcoming Webinar

April 2, 2020 1:00p EDT / 10:00a PDT

Title: Predictive Modeling Targets (You May Not Have Considered)

Speaker: Chris Gross, Gross Consulting

Description:

It is common for actuaries to think about claim related variables for the target of prediction. Understanding losses is of primary importance for actuarial work. There are, however, many other times when predictive modeling can help the practicing actuary understand the dynamics of other items of interest.

These situations could be where the actuary truly wants to predict future outcomes, or more simply wants to understand key dynamics in the multivariate world of insurance. Join Chris Gross as he discusses some examples of applying predictive modeling techniques to non-claims questions. Some of the examples that will be discussed include:

• Building models of collected premium as a more complete alternative to traditional rate monitoring, and to shed light on use of discretionary pricing
• Building a model of policy level underwriting expense
• “Predicting” claim department case reserves to highlight and test changes in adequacy, as well as shed light on different treatment for different types of claims
• Building a model on the back end of a simulation model to highlight the drivers of the simulation results
• Others — Share your ideas with the other attendees!

Register at http://www.cgconsult.com/MuSigma

Past Webinars

2020-02 Topic Modeling Using LDA

2020-03: Actuarial Case Reserves

 

Presented by Gross Consulting, the MuSigma Webinar Series is an excellent opportunity for actuaries and insurance professionals to engage in free, interactive, and relevant content designed to provide quality continuing education.