Data Science

Order in chaos

Analyzing large amounts of data for more precise risk assessments: Technologies such as machine learning can be used to create complex patterns and well-founded forecasts. Anyone who wants to be successful in the finance or insurance industry should familiarize themselves with data science.

Data Science

WHAT IS DATA SCIENCE?

Interdisciplinary and insightful

Data science is an interdisciplinary field that uses methods, processes, algorithms and systems to extract knowledge and patterns from structured and unstructured data. The field of data science combines knowledge from statistics, computer science and specific specialist areas to support data-based decisions and create forecasts through data analysis and machine learning. Data science is used in various areas such as business, healthcare and technology, for example to understand customer trends, improve medical diagnoses or optimize products.

Interpreting numbers correctly

Why data science?

Interpreting numbers correctly

Data science is used to gain valuable insights from data. In the insurance industry, it helps to make more accurate predictions, better manage risks, detect fraud, retain customers and analyze claims. It also enables the personalization of services and the identification of new business opportunities, which in turn increases the efficiency and competitiveness of companies. This is why specialists who are well versed in both actuarial science and data science are in high demand on the job market.

How do I become a data scientist?

Follow the numbers

To become an Actuarial Data Scientist, a combination of education, expertise and practical experience is required. This includes an education in mathematics, statistics or a related field, a specialization in actuarial science and training in data science. Practical experience as well as certifications and continuous training in current data science technologies and methods are a great advantage. As data science is an interdisciplinary field, communication skills and knowledge in specific application areas are also valuable.
Follow the numbers

BLOG

We stay on the ball.

You can find our latest blog posts here.

Focus on data science

EXCLUSIVE

Focus on data science

It is a large specialist area that inspires and invites you to delve deeper: Data science is interesting and fascinating, which is why we have created a dedicated website for it. The platform is aimed at actuaries, data scientists and experts from the insurance world who want to apply data-based methods in a well-founded manner and develop them further together. The focus is on professional exchange, practical analyses and innovative impulses at the interface of actuarial mathematics, statistics and modern data analysis.

Discover now, join the discussion and actively shape the future of actuarial methods!


TO THE WEBSITE

DATA SCIENCE READING CLUB

Passionately informed

Enthusiastic data science experts meet at regular intervals to discuss current topics and studies in the field of data science. Sign up and share the fascination with others!

 

TO THE DATA SCIENCE READING CLUB

 

Team Data Science

Patrick Cheridito

Patrick Cheridito

Mustafa Alkaisy

Mustafa Alkaisy