Big Data and How it is Used by Dental Actuaries

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Recorded On: 09/29/2020

Overview
Speaker(s)

Insurance companies of all kinds are using larger and larger data sets from a variety of sources to analyze and manage their blocks of business while balancing evolving customer and broker data and analytical demands. However, dental companies often don't have as many resources as their medical counterparts, and dental actuaries may feel left behind this trend. This session will share examples from actuaries who have put to use tools such as R and Tableau in their companies. They'll cover how they learned to use these, what value they bring over traditional tools like spreadsheets, and what can be done with their reporting and visualizations.

Ruth Ann Woodley (Moderator)

CEO

Dental Actuarial Analytics, LLC

Ruth Ann joined Ruark Consulting in 2004 and developed its dental consulting practice. In 2018, that practice became Dental Actuarial Analytics, LLC, an affiliate of Ruark. Prior to joining Ruark, Ruth Ann spent 11 years with Cigna. There she served as the actuary for Cigna Dental and the reserving actuary for Cigna Healthcare, among other roles. She is involved in volunteer work for the Society of Actuaries and the National Association of Dental Plans. Ruth Ann is originally from North Carolina, where she graduated from UNC-Chapel Hill with degrees in both mathematics and music. She is a Fellow of the Society of Actuaries and lives in Bloomfield, Connecticut.

Kevin Kropp

Director of Actuarial & Analytics

Delta Dental of Wisconsin

Kevin Kropp is the director of actuarial & analytics at Delta Dental of Wisconsin (DDWI). Mr. Kropp is responsible for embedding data into every day thinking to drive decisions to be data informed through functions such as creating and implementing data strategy, data visualizations, core actuarial functions, reporting tools and standardization and automation through process improvement.

Mr. Kropp joined Delta Dental of Wisconsin in 2016, and served as Manager, Actuarial Services, before assuming his current role. He earned a Bachelor of Business Administration degree with two majors in actuarial science and accounting from University of Wisconsin – Eau Claire. Mr. Kropp is an Associate of the Society of Actuaries and a Member of the American Academy of Actuaries.

Cipriano Mascote

Director of Actuarial and Reporting & Analytics

Delta Dental of Missouri

Cipriano Mascote is the director of actuarial and reporting & analytics at Delta Dental of Missouri. Mr. Mascote leads pricing, claim reserving, network analytics, manual rating model development and maintenance, actuarial database maintenance, internal and external reporting, data visualization, as well as ad-hoc analyses.
Mr. Mascote joined Delta Dental of Missouri in 2009, and served in previous leadership positions, including as actuarial and client reporting manager, and actuarial and reporting & analytics manager, before assuming his current role. He earned a Bachelor of Arts degree in actuarial science from Southern Illinois University in Edwardsville. Mr. Mascote is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. He holds a Predictive Analytics Certificate from the Society of Actuaries and an Advanced Management Certificate from Washington University in St. Louis.