This course introduces business analysts and actuaries to the tasks used in SAS® Dynamic Actuarial Modeling. The course includes hands-on demonstrations and teaches you key concepts, terminology, and base functionality that are integral to SAS Dynamic Actuarial Modeling.
Learn How To
Describe the features and benefits of SAS Dynamic Actuarial Modeling. Describe the pre-configured used cases in the solution. Describe the role and use of each component in SAS Dynamic Actuarial Modeling.Describe and execute the process involved in SAS Dynamic Actuarial Modeling.Perform several tasks to generate and apply pricing models using representative case studies. Who Should Attend
End users, data analysts and modelers, actuaries and any members of an organization's project team who needs to develop basic understanding of the solution and will participate in the design and development phases of implementation of SAS Dynamic Actuarial Modeling
Prerequisites
Knowledge of SAS Model Studio, SAS Intelligent Decisioning and SAS Visual Analytics is highly recommended however not mandatory
SAS Products Covered
SAS Visual Analytics;SAS Intelligent Decisioning;SAS Dynamic Actuarial Modeling
Course Outline
Introduction to General Insurance Pricing
Introduction to General Insurance Key Terminology and Concepts of General Insurance Pricing Simple Analogy of Pricing Process in General InsuranceIntroduction to SAS Dynamic Actuarial ModelingIntroductions Key Components and Functions Use Cases in the SolutionProcess Orchestration in SAS Dynamic Actuarial ModelingWorkflows and Cycles Creating a CycleData Management Data Model Data Processing and Data ExplorationModeling Model Inputs Modeling Concepts and Pipelines TemplatesRegister and Back Test ModelsRegister Models Back Testing ModelsRate Book ApproachRate Book Approach Rate Book Related TasksGross Premium with Business RulesGross Premium Configuration Gross Premium Testing Impact Analysis and ReviewImpact Analysis Review Model Publish Premium Model Publish Premium Model Additional TopicsAudit Trail Management Renewal Optimization
