Associate in Insurance Data Analytics

Due to the accumulation of big data and new business structures, it became imperative for The Institutes to come up with the Associate in Insurance Data Analytics (AIDA) credential.

It aids in the preparation for advances in risk and insurance applications.

The need for a carefully planned data-driven decision arises to ensure an organization’s successful performance.

Average Salary Range

USA: $482,000

(Source: https://www.glassdoor.co.in/Salaries/associate-data-analyst-salary-SRCH_KO0,22.htm?countryRedirect=true)

India: 4,13,882 INR

(Source: https://www.payscale.com/research/IN/Job=Data_Analyst/Salary)

Who Should Apply?

A transformation in the business models has resulted in building and maintaining talented analytical teams to achieve the goals set by management. Therefore, AIDA certification holders play a major role in these organizations.

Underwriters, Claim Managers, Insurance Data Managers, Business Executives, and Regulatory Compliance Specialists should apply for AIDA.

Benefits

1. Predictive Modeling -

A significant number of Insurance professionals find gaining knowledge of predictive modeling to be a career magnifier along with it being the foremost parameter for judgment of an employee’s performance.

2. Overcoming Challenges -

The data-driven companies face challenges as to the employment of skilled professionals, as they are expected to interact with the data scientists every now and then. It is not possible for everyone to connect the dots between insurance professionals and data scientists, but AIDA certification holders.