Course

Course Summary

Credit Type:

Course

ACE ID:

AICP-0162

Organization's ID:

AIDA 402

Organization:

American Institute For Chartered Property Casualty Underwriters/The Institutes

Location:

Online

Length:

The course is self-paced, and many learners complete it in 6-8 weeks.

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Upper-Division Baccalaureate	3	Data Analytics

Description

Objective:

The course objective is to enable students to become better data-driven decision makers capable of extracting valuable insights from datasets and emerging technology in a way that strengthens an organization’s competitive advantage while ensuring ethical data use.

Learning Outcomes:

gain familiarity with the elements of an innovative culture, how leaders motivate teams to innovate, and how to promote data literacy and a data mindset.
become familiar with protecting and storing data, as well as assessing the role of insurer data governance and quality principles.
learn insurance’s role in societal activities, how insurers respond to societal challenges, factors that contribute to an insurer’s financial health, and how to implement organizational change in the digital era.
understand how insurers use data to adapt to a competitive landscape, analyze its operational environment, influence an insurer’s strategy, and how the risk associated with insurers increases the use of data and technology.
learn the ethical considerations associated with the use of data and technology, the implications of the General Data Protection Regulation, the importance of fairness in insurance data modeling, and how regulators respond to sophisticated data modeling.
explore the facets of a digitally optimized insurer, including understanding how data analytics and technology can transform the insurance customer journey and personalize products and services.