Using SAS® Dynamic Actuarial Modeling
RDAM : RDAM1
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 Dynamic Actuarial Modeling;SAS Intelligent Decisioning;SAS Visual Analytics
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 Insurance
- Introductions
- Key Components and Functions
- Use Cases in the Solution
- Workflows and Cycles
- Creating a Cycle
- Data Model
- Data Processing and Data Exploration
- Model Inputs
- Modeling Concepts and Pipelines Templates
- Register Models
- Back Testing Models
- Rate Book Approach
- Rate Book Related Tasks
- Gross Premium Configuration
- Gross Premium Testing
- Impact Analysis
- Review Model
- Publish Premium Model
- Audit Trail Management
- Renewal Optimization
Live Class Schedule
Duration: 17.5 hours
Step into our live classes and experience a dynamic learning environment where you can ask questions, share ideas, and connect with your instructor and classmates. With on-demand lab hours, you can explore the material at your own pace. Our globally acclaimed instructors will motivate you to think bigger, so you can take what you've learned and achieve your biggest goals.
This course isn't publicly scheduled, but private training and coaching may be available. Contact us to explore options.
Private Training
Get training tailored specifically for your team, led by expert SAS instructors. Choose from virtual sessions, or training at your location (or ours). Perfect for teams seeking a customized curriculum and plenty of interaction with a SAS specialist. We'll schedule it at a time that works for you.
Coaching Services
Take your training to the next level with personalized coaching. While private training offers structured coursework, coaching provides hands-on, real-time support from a subject matter expert. As you work with your own data, you'll receive expert guidance to help you uncover insights, unlock the full potential of your data, and make faster progress. Perfect for those looking to apply what they’ve learned and see quicker results.