Foundations in Python for Actuaries (P1)

Learn the fundamentals of Python through interactive Jupyter Notebooks, discover data management tools & techniques, statistical packages, and explore regression analysis, building your first model, validation and visualisation.

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Introduction

If you’re looking to learn the foundations of Python, this course is the ideal place to start. An individual subscription gives you 3 months’ online access to:

  • Course materials
  • Downloadable Notebooks with code and explanations
  • Option to ask tutors questions
  • Hands-on practical examples linked to actuarial work
  • Practical coding challenges
  • On demand access

As Well As

Our Industry and Actuartech Resource Libraries which feature curated additional content to assist you on your data science journey.        

You can also request to do the online assignment for an additional fee; and if successful a course completion certificate could be issued.

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Pick from any of our introductory or advanced courses with bespoke insurance and actuarial specific case studies.

Our platform is easy to use and offers detailed guides, with course content and downloadable Notebooks offering code and explanations, enabling you to apply data science hands-on.

We provide case studies and projects relevant to actuarial work, and based on relevant datasets provided. You have the option to interact and network with your peers.

Overview

“Foundations in Python for Actuaries” introduces students to the data science pipeline whilst teaching them the fundamentals of the open source programming language, Python.

Throughout this course, students are exposed to data science topics such as data cleaning, data processing, model building, and visualisation, as well as ethical and wider business considerations when using data science in practice.

This course is presented using Jupyter notebooks with the code and explanations embedded to facilitate hands-on learning.

In this course, we consider training and testing Generalised Linear Models (GLM), and validate the results, as this is easily facilitated by Python. Python has libraries/packages for statistical analysis that allow users to easily fit arange of models from standard GLM’s through to neural networks.

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Foundations in Python

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£450 once-off with assignment (3-month access)

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Course Structure

Module 1 of this course introduces Problem Specification which includes an overview of the basic concepts, using Python as a calculator, conditional if/else statements, and Python’s plotting functionalities. It also covers Data Collection which addresses data structures, libraries that can assist with data management, and the automation of data collection from different sources.

Module 2 on Data Management show cases how to write purpose-built functions to manage data, and transform and manipulate a data set in preparation for model fitting.

Module 3 outlines Model Building using the many statistical tools Python has and introduces students to linear regression techniques.

Module 4 covers Visualisation, showing students how to use a variety of statistical functions to produce some basic graphs, which assists in understanding the data better and validating the models.

Further Resources contains additional reading and references to some of the packages discussed, as well as an additional guide for Python.

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Who's this course suitable for?

  • Individuals and teams who wish to learn Python from the ground up.
  • Individuals and teams who wish to understand how data science can enhance their operations.
  • Individuals and teams who wish to analyse data effectively and perform robust data analytics.
  • Individuals and teams with some experience in Python outside of the data science and/or actuarial business context.

Why is this topic important?

  • Python has various actuarial applications, including experience analysis, pricing, and reserving.
  • It has many statistical and data science applications, making it capable of training and validating machine learning models.
  • Python code is simple to run and is usable across a variety of system configurations.

The course was just what I needed to rocket launch my learning of Python up the learning curve.

The course was brilliant value for money. You and your colleagues know a lot about Python, and are very patient in explaining it to newcomers like me.

Thank you for an incredibly insightful but so, so practical (think often the missing ingredient) presentation of this topic, that we are all grabbling with. Your experience and expertise shone through and certainly a testament to the stellar work that you guys are doing in the industry.

I’m in the process of reviving my actuarial career. The data science course has given me lots of new ideas and things to try. You have inspired me. Thank you so much for putting it together. I think it’s amazing!

I liked the fact that the course was a mixture of coding itself, and wider issues such as governance / ethics / good practice.

Get started

Foundations in Python

Sign up for a free preview of this introuductory course in python

Free Preview

Preview

£450 once-off with assignment (3-month access)

Enroll Today

£325 once-off without assignment (3-month access)

Enroll Today

Interested in Corporate Training?

We have tailored packages available to ensure that corporate teams have the option to attend structured live lessons by our tutors, and the option to request a practical assignment and bespoke feedback. Invoicing option available.