By the end of the course, participants should be able to:

- Appreciate the fundamentals of data and use of data in insurance

- Select appropriate techniques and consolidate data based on defined data requirements

- Ensure sufficiency and adequacy of data required for data analysis needs

- Organise collected data for analysis

- Understand ways to conduct preliminary analysis of data for review and verification

- Describe the usage of analytics in decision-making in business

- Explain the difference between Data, Information, and Knowledge

- Describe the role of data warehouses in decision-making

- Identify what Business Intelligence and Business Analytics is

- Briefly list the traditional technology platform used for business analytics

- Understand business problem, audience needs and objectives for story telling

- Select appropriate visualisation techniques and information displays to convey data and findings

- Organise the presentation of data to reflect trends and correlations

- Incorporate appropriate elements to create informative and dynamic data displays

- Communicate limitations of data and interpretations of findings

- Understand the Use of Data Analytics for Ratemaking, Reserving and Risk Controls

- Describe data trends and patterns ways suited to the audience’s level of understanding

- Understand Big data and modern data analytics in Insurance

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For those seeking a basic understanding on Data and Data Analytics

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1. 30 Multiple Choice Questions (MCQ).

2. Accessible on the platform after completion of the contents.

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1. Complete all the contents, including videos and quizzes.

2. Score at least 70% for the 30 MCQ assessment.

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Full Course Fee: S$109.00 (incl. of 9% GST)

No funding for Overseas Participants.

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Net Fee*

S$39.00 (includes 9% GST & after 70% FTS funding) for Singapore Citizens aged 40 years old and above.

S$79.00 (includes 9% GST & after 30% FTS funding) for Singapore Citizens below 40 years old and Singapore Permanent Residents.

Date(s): Access provided for 1 month from confirmation of payment receipt.

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*Note:

This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.

Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles.

The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS provides 30% - 70% course fee subsidy support for direct training costs subject to a cap of S$500 per candidate per course subject to all eligibility criteria being met.

Find out more on www.ibf.org.sg

Online learning programmes are NOT ELIGIBLE for refund and cancellation once payment has been made.

Please Note : If you fail to complete the requirements within the one-month access period, you will have to re-register and pay the first-timer fee again.

Please note that it is the candidate's responsibility to monitor his or her own access period for meeting the online learning and assessment completion requirements accordingly. SCI WILL NOT send any notification to remind the candidate in this respect.

Access to the online contents is immediate after confirmation of payment receipt. Should you encounter login issues, please try again a few hours later. Your progress will also be tracked by SCI.

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