Académique Documents
Professionnel Documents
Culture Documents
Panel Discussion
| 1
134
12-17
CAGR
97
71
28
Unstructured
43%
Structured
22%
75
52
53
37
23
106
37
25
14
9
18
12
14
18
22
28
10
2011
2012
2013
2014
2015
2016
2017
| 2
4 million subscriber
ratings
3 million searches
Unexpected directors,
actors, and shows were
disproportionately popular
among viewers:
David Fincher
Kevin Spacey
The British House of
Cards
| 3
| 4
Info Graphics
Classical
Decision
Trees
Ensemble
Learners
Visualisation
Bayesian
Statistics
Machine Learning
Advanced Analytics
Operations Research
Artificial Intelligence
Matrix
Factorisation
Numerical
Optimisation
Support Vector
Machines
Probabilistic
Graphs
Computer Science
Parallel
Algorithms
Association
Rules
Distributed
Data
Neural Nets
Genetic
Algorithms
Collaborative
Filtering
| 5
Apache Spark
Rise of open
source
technology
Cognitive
computing
Sensor data
and the
connected self
Talent!!!
| 6
Benefits
Drive consistency in
decision making
Uncover hidden
opportunities
Many others
Extract insight from external data (e.g., drive risk
classification using text analysis of company
websites)
Many others
| 7
Source
of value
Process redesign
Data modeling
Black box
Internal
Data
2
ecosystem
Modeling
3
insights
Heuristic insights
Smart box
External
Capability building
Workflow
4
integration
Tech
enablement
Adoption
Change
management
Source of value
Data
ecosystem
Modeling
insights
Workflow
integration
Adoption
Clear articulation
of the business
need and
projected impact
to Loss Ratio,
Growth, etc.
Crisp view of how
the solution
would be used by
the business
Advanced
analytical
analyses
to drive new
insights
Codified
heuristics
dispersed in the
organization to
enhance
analytics
Easy-to-use user
interface built in
the platform
Redesigned
processes to
embed rules in
the workflow
Developed
frontline
and management
capabilities
Proactive change
management
and tracking
of adoption
with performance
indicators
| 9
Predictive and
prescriptive models
are developed,
which add clear
incremental insight
to the business
Analytics is a
function; not (yet)
business-led or fully
integrated into the
frontline
Center of Excellence
(COE) in place, with
dedicated resources,
investment, and
organizational
commitment
Analytics at scale:
pipeline of use cases;
spans many domains/
functions; serves most
or all business units
Still, Analytics is a
function; it is
incremental to core
business approach
Analytic is part of
core DNA of
company; Analytics
is synonymous with
Pricing,
Underwriting,
Claims
Modern and
analytic-driven
organization
structure; different
functions are better
integrated, siloes
are dissolved
Data-driven
decision making is
the norm
| 10
Standards &
Education
Opportunity
Identification &
Assessment
CAPABILITIES
Functional
Development
Project &
Capability
Delivery
| 11
Improved risk
classification
Use multivariate vs
one way analysis
Incorporate predictive vs
hindsight analytics
What will
happen
next?
Analytics Talent
Data Governance
Univ.
C-IQ
Gov
GMI
ISS
What happened?
Where exactly is the
problem?
Evolving
Daily
XL
Data Sources
Cloud Computing
Technologies
Capability Maturity
| 13
Most carriers dont use all of their internal data effectively, only
pursue external data when use cases demand it
Scaling requires more than just attracting top data analytics talent
two sport managers and data management functions are critical
| 14
Questions
ACTUARIAL JOB DESCRIPTION
| 15
Questions
DATA SCIENTIST JOB DESCRIPTION
| 16
Questions
DATA SCIENTIST JOB DESCRIPTION
| 17