Risk and Insurance Analytics ((3 Units))

Catalog description

Prerequisite: MGMT 305 or ECON 325 . Pre/Corequisites: RMI 414 , RMI 415 and RMI 418 . The primary objective of this course is to provide an introduction to risk and insurance analytics and the application of analysis techniques to insurance underwriting, fraud detection and risk management. Topics to be covered include: 1. An overview of the application of analytics to risk management and insurance 2. Basic Data Modeling Concepts 3. Traditional Analysis Techniques 4. Modern Analysis Techniques 5. Application to Underwriting 6. Application to Claims 7. Application to Risk Management (Formerly 6400:460)