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- All Subjects: Creative Project
- All Subjects: Actuarial
- Member of: Theses and Dissertations
- Status: Published
In this creative project, I created arrangements for string quartet of two very common pop songs that are frequently requested at wedding gigs, "Perfect" by Ed Sheeran and "Purpose" by Justin Bieber. However, to meet the demands of the dynamic gigging environment and context for string musicians, I created string quartet arrangements that could be adapted and condensed into string trio or duo by eliminating one or two parts from the full quartet arrangement. As such, this project not only shares the adaptable arrangements I created, but also shares the tips and tricks I gathered throughout the course of the project, both from engaging in the creative aspect of the arranging process and also through my own personal experience.
The objective of this study is to build a model using R and RStudio that automates ratemaking procedures for Company XYZ’s actuaries in their commercial general liability pricing department. The purpose and importance of this objective is to allow actuaries to work more efficiently and effectively by using this model that outputs the results they otherwise would have had to code and calculate on their own. Instead of spending time working towards these results, the actuaries can analyze the findings, strategize accordingly, and communicate with business partners. The model was built from R code that was later transformed to Shiny, a package within RStudio that allows for the build-up of interactive web applications. The final result is a Shiny app that first takes in multiple datasets from Company XYZ’s data warehouse and displays different views of the data in order for actuaries to make selections on development and trend methods. The app outputs the re-created ratemaking exhibits showing the resulting developed and trended loss and premium as well as the experience-based indicated rate level change based on prior selections. The ratemaking process and Shiny app functionality will be detailed in this report.