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Data Visualization Best Practices for Actuaries
Description:
Data visualization is powerful tool for communicating results; however, we actuaries rarely get training in it. When we do get training, it’s generally to avoid being misleading in our visualizations, but not necessarily how to be effective.
This session will explore key principles for data visualization, in making more effective communications for results. The examples given will be in Excel – though the principles extend to any major system.
Learning objectives:
- Establish and expand upon principles of data visualization with emphasis on how to improve graphs to relay information visually
- Graph, table, or other?
- Graph type choice
- Use of color
- Choice of axes
- Review the most effective ways to illustrate various types of data including:
- Time series
- Categorical and grouped data
- Multidimensional data sets
- Large data sets
- Data with geographic components
- Recognize ways to visualize data within the spreadsheet itself - not just by using the graphing functions and charts including:
- Conditional formatting
- Sparklines
- Tile grid maps
Who Should Attend this Webinar?
- Any actuary or financial professional interested in improving data communication through visualization using Excel.
About Your Instructor
Mary Pat Campbell, FSA, MAAA, PRM
Mary Pat Campbell, is Vice President of Insurance Research at Conning in Hartford, Connecticut. In the past, she also taught courses on computing (Excel, Access, and VBA) and business writing for actuarial science students at the University of Connecticut. Mary Pat has had a long interest in spreadsheet best practices in actuarial work, writing for SOA publications on the topic since 2007. She has also spoken for SOA webcasts and at meetings on spreadsheet issues, such as at the 2015 SOA Annual Meeting: "Session 30: How to Keep Your Spreadsheets Out of the Headlines". Over the past two years, she has written a series of 5 articles on data visualization for CompAct, the newsletter of the SOA Technology Section. She is a member of the European Spreadsheet Risks Interest Group and on the SOA Modeling Section Council (2015 - 2018).
Corporate Customers:
- 10+ participants & 1 connection option: live simulcast via an internal screen-sharing utility.
- 10+ participants & multi-connection option: each associate receives login credentials to access the live event and the recording.
- ACTEX will provide a self-registration site and activation key for your participants. The first 100 will be enrolled in the webinar. This makes it easy to offer continuing professional development opportunities without the need for administrative attention.
- As a reminder, it is a violation of ACTEX Learning Terms of Service to record webinars for rebroadcast. Please respect our intellectual property.
Important CPD Information:
Recorded ACTEX Webinars do not qualify for EA credit under the guidelines of the JBEA. ACTEX Webinars are strictly for educational purposes and cannot be submitted to attest for EA core or non-core credit.