MODULE V: PREDICTIVE MODELING
Student Outline (July 21-27)
Watch: Module V Overview
This short video clip will walk you through this week’s module. Watch to get a better understanding of what is
included in this outline.
Watch: Introduction to Predictive Analytics
Presenter: Jason Nikowitz, FCAS, CPCU, CSPA, Zurich North America
Overview
This presentation will introduce the concept of predictive analytics and its application to insurance. This session
gives a high-level overview of how predictive analytics are currently being used, as well as potential opportunities for
the future.
Watch: Traveler’s Predictive Modeling Cooking Show
Overview
This presentation is a window into the kitchen of master “chefs” as they work, except the chefs are whipping up
something different: a predictive model. As you view the webinar, reference your passenger ID card found on the
resources tab underneath the video. The chefs will explain how to use this card to predict your passenger’s fate!
Topics Covered:
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Solve a classic real-world prediction problem and develop your own predictions
Basic modeling concepts, including:
o Data “scrubbing”
o Basic steps used to build a model
o How to measure the effectiveness of a model
Watch: Demystifying Artificial Intelligence
Presenter: Max Martinelli, Akur8
© 2025 by the Casualty Actuarial Society. Reproduction is prohibited without the express written permission of the CAS.
Overview
In an era of inflated buzz around artificial intelligence, it becomes essential to discern hype from genuine
breakthroughs. This presentation demystifies AI, clarifying that at its core, it is a collection of sophisticated
algorithms. We will disentangle fact from fiction and spotlight truly transformative applications, providing a grounded
perspective on how AI can genuinely revolutionize actuarial practice.
This recording will be made available online by Thursday, July 24, 2025.
© 2025 by the Casualty Actuarial Society. Reproduction is prohibited without the express written permission of the CAS.