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Special Topics in GLM

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Description

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR.
DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.

The generalized linear model(GLM) is a popular method used in ratemaking. In this session I will address several special topics I experienced in my ratemaking practice: 1) What are the differences between GLM and multiple linear regression models 2) How to select rating variables 3) How to address over-dispersion issues 4) how to detect outliers 5) how to use splines in the models

Learning Objectives:

  1. Explain the differences between GLM and multiple linear regression models.
  2. Select variables using LASSO
  3. Identify and handle outliers
Registration Information and Fees

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

Registration Fees (in U.S. Dollars) Received on/by
Jan 5, 2023
Received after
Jan 5, 2023
Individual $50 $75
Multiple Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)
$600 $650

*Multiple Connection Registrations should contact Leanne Wieczorek directly at 
lwieczorek@casact.orgThe registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.

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Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing through email, refund@casact.org, by January 12, 2023 less a $25 processing fee.

CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

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Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

Contributors

  • Zhen Yuan

    Zhen Yuan (FSA, MAAA) is a senior actuarial analyst working at American International Group. His works focus on applying predictive modeling to travel insurance pricing and predictive modeling-based rate filing. He provided actuarial services to develop and implement a variety of travel insurance rates using the generalized linear models (GLM) for both the United States and international business. He received a BA from Nankai University and an MHA from USC.

January 19, 2023
Thu 12:00 PM EST

Duration 1H 30M

This live web event has ended.

For Content or Purchase Questions
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