Allows actuaries to create dynamic documents, reports, and presentations that integrate R code and output, facilitating transparent and reproducible analyses.
Applications that analyze historical policyholder data to compare actual outcomes with expected results, helping actuaries refine pricing models and assumptions.
More Experience Study Tools
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Multiple Data Source Support Ability to connect and import data from various formats and sources, such as databases, spreadsheets, CSV, or external APIs. |
R Markdown supports importing data from various sources (CSV, spreadsheets, databases via R packages) as demonstrated in its documentation and common use in actuarial workflows. | |
Automated Data Refresh Ability to schedule and automate regular data imports or syncs. |
Not as far as we are aware.* R Markdown itself does not provide automated data refresh/sync features. Such automation would be handled outside of R Markdown, e.g., via scripts or RStudio add-ons. | |
Real-time Data Integration Supports real-time or near-real-time data updates from operational systems. |
No information available | |
Data Validation Rules Checks imported data for completeness, accuracy, and consistency against configurable rules. |
No information available | |
Data Transformation Tools Provides utilities to cleanse, reformat, and transform data into required structures. |
Supports extensive data transformation through underlying R capability, using tidyverse and other R packages. | |
Batch Processing Capacity Number of records the system can process in an import batch. |
No information available | |
Error Reporting for Imports Generates detailed logs and reports on data import errors or warnings. |
No information available | |
Historical Data Archiving Ability to store, access, and restore historical experience datasets. |
No information available | |
User-defined Data Mappings Allows users to create custom mappings from source data fields to application fields. |
Data mappings are fully user defined in R Markdown via R scripts and code chunks. | |
Data Encryption During Import Ensures sensitive data is encrypted during transfer and import processes. |
No information available |
Expected vs. Actual Calculation Automates the calculation and comparison of expected and actual experience for policies or claims. |
No information available | |
Mortality/Morbidity Analysis Supports analysis of mortality, morbidity, or other relevant risk metrics. |
R Markdown with R can easily perform mortality/morbidity analysis via packages like 'lifecontingencies' or 'actuar'. | |
Experience Analysis by Segment Enables breakdown of experience by policyholder segment, product, geography, etc. |
Experiences can be segmented and analyzed as desired within R code inside the document. | |
Trend Analysis Tools Provides graphical/analytical tools for identifying trends over time within the data. |
Trend analysis is supported via R's plotting and analysis libraries, and results can be embedded in reports. | |
Credibility Adjustments Supports actuarial credibility theory techniques to adjust actual experience or develop blending. |
Actuarial credibility theory can be performed in R and reported inside R Markdown. | |
Statistical Test Suite Includes statistical tools for significance testing, e.g., Chi-square, t-tests. |
Statistical tests (chi-square, t-tests, etc.) are native to R; R Markdown inherits these capabilities. | |
Custom Assumption Modeling Permits users to define and apply their own actuarial assumptions within the analysis. |
Users can define and use custom actuarial assumptions within R code in an R Markdown document. | |
Projection Capabilities Ability to project experience into the future based on historic data and assumptions. |
Projection capabilities are supported via R analytical code, libraries (such as 'forecast'), and reporting. | |
Model Sensitivity Analysis Evaluates the impact of varying assumptions on outcomes using sensitivity or scenario analysis. |
Sensitivity analysis can be performed and automated with R scripting within R Markdown. | |
Run Time for Analysis Time it takes to process an experience study with standard data volume. |
No information available |
Standard Reporting Templates Provides built-in templates for common experience study reports. |
Not as far as we are aware.* No built-in reporting templates; templates are user-created or shared by the community. | |
Custom Report Builder Allows users to create reports with custom metrics, layouts, and filters. |
Custom report creation is fundamental to R Markdown. | |
Interactive Dashboards Supports creation of interactive charts, visualizations, and data exploration tools. |
R Markdown supports interactive dashboards via flexdashboard/HTML widgets in HTML output. | |
Export to Multiple Formats Enables exporting of reports to Word, Excel, PDF, or image formats. |
R Markdown can export to HTML, PDF, Word, and more. | |
Drill-down Capabilities Allows users to click through high-level metrics into more detailed breakdowns. |
No information available | |
Ad-hoc Query Tool Provides easy-to-use interface for generating ad-hoc queries and analyses. |
Users can run arbitrary SQL-like, R, or dplyr queries in their reports. | |
Visualization Library Size Number of different types of charts/plots/visualizations available. |
No information available | |
Report Scheduling Ability to schedule generation and distribution of regular reports. |
No information available | |
Annotations and Collaboration Allows users to add comments and collaborate within reports and dashboards. |
No information available | |
Mobile Access to Reports Reports and dashboards optimized for mobile devices. |
R Markdown documents rendered as HTML can be viewed on mobile devices; layout for mobile is basic but functional. |
Assumption Library Central repository for storing standard and custom actuarial assumptions. |
No information available | |
Version Control Tracks historical changes and previous versions of assumptions. |
No information available | |
User-defined Assumptions Permits creation of new or custom assumptions for use in modeling. |
Any assumptions can be programmed and used within each report. | |
Approval Workflow Enables review and approval steps before assumptions are used in production. |
No information available | |
Link Assumptions to Studies Can associate specific assumption sets to particular experience studies or projects. |
No information available | |
Change Impact Analysis Evaluates effect of changed assumptions on past study results. |
No information available | |
Assumption Documentation Supports detailed documentation of assumptions and rationales. |
Documentation of assumptions and methodology can be embedded in the Markdown narrative. | |
Audit Trail for Assumptions Maintains a log of changes, who made them, and when. |
No information available | |
Assumption Import/Export Allows import/export of assumption sets for collaboration and sharing. |
No information available | |
Number of Supported Assumption Types Total unique assumption types that can be defined (e.g., mortality, lapse, expenses). |
No information available |
Role-based Access Control Enforces permissions based on user roles for data and feature access. |
No information available | |
Audit Logging Records all user activities and data accesses for compliance. |
No information available | |
Data Encryption at Rest Stores sensitive policyholder data using encryption. |
No information available | |
Data Encryption in Transit Encrypts all data communications between client and server. |
No information available | |
Multi-factor Authentication Requires two or more authentication steps to access the system. |
No information available | |
Compliance Frameworks Supported Lists standards like GDPR, SOC2, HIPAA, etc., supported by the system. |
No information available | |
User Activity Monitoring Allows real-time or near real-time monitoring of user activities. |
No information available | |
Data Retention Policy Configuration Supports customizable data retention and deletion policies. |
No information available | |
Automatic Data Redaction Automatically hides or redacts PII in reports and exports. |
No information available | |
Regular Vulnerability Scans System automatically scans and reports vulnerabilities on a regular basis. |
No information available |
Customizable Dashboard Layouts Users can tailor their interface to highlight relevant metrics and reports. |
Layout and visual content of documents are fully customizable by the user. | |
Navigation Ease Score Measures the average number of steps required to access frequently used features. |
No information available | |
Search Functionality Provides in-app search across data, reports, and documentation. |
In-document search is available in HTML output. Not available in static formats. | |
Help & Tutorials Built-in help, guides, wizards, and video tutorials. |
Extensive online tutorials and guides available from RStudio and the open source community. | |
Keyboard Navigation Fully usable by keyboard for improved accessibility. |
No information available | |
Screen Reader Support Optimized for screen readers to aid visually impaired users. |
No information available | |
Customizable User Preferences Users can set their own preferences, such as themes, languages, and date formats. |
User preferences can be set within the R environment and in document settings (e.g., themes for outputs). | |
Multi-language Support Ability to use the software in more than one language. |
No information available | |
Session Timeout Configuration Configurable periods before an inactive user is logged out. |
No information available | |
Mobile/Tablet Friendly UI Optimized layouts and controls for mobile and tablet usage. |
R Markdown rendered HTML is responsive, and RStudio allows editing on tablets with some limitations. |
Real-time Collaboration Multiple users can work on or view the same study or report simultaneously. |
No information available | |
Task Assignment Assign and track workflow tasks related to experience studies. |
No information available | |
Commenting and Annotation Allows users to leave comments and annotate directly on reports or input data. |
Not as far as we are aware.* No built-in commenting or annotation system, unless used within RStudio Connect or other collaboration tool. | |
Notifications and Alerts System sends email or in-app alerts for key actions, completions, or comments. |
No information available | |
Versioned Team Workspaces Team folders or workspaces with version control for group studies. |
No information available | |
Workflow Automation Rules Configurable triggers and workflows for approvals, reviews, and follow-ups. |
No information available | |
User Role Assignment Granular assignment of access and responsibilities by project or study. |
No information available | |
Discussion Threads Persistent and organized threaded discussions attached to studies or projects. |
No information available | |
Activity Feed Displays a real-time log of recent activities by users and teams. |
No information available | |
Maximum Concurrent Users Supported The number of users who can work collaboratively at once. |
No information available |
RESTful API Support Provides industry-standard REST APIs for integration. |
No information available | |
Pre-built Integration Connectors Out-of-the-box connectors for common industry systems (e.g., policy admin, claims, GL). |
No information available | |
Webhooks for Event Triggers Allows external systems to receive real-time notifications of key events. |
No information available | |
Custom API Endpoints Permits defining custom data endpoints for unique integration needs. |
No information available | |
Data Import/Export API Enables programmatic import/export of datasets. |
No information available | |
Single Sign-On (SSO) Integration Supports authentication with enterprise identity providers (e.g., SAML, OAuth). |
No information available | |
API Rate Limit Number of API calls allowed per second for integration needs. |
No information available | |
API Documentation Quality Completeness and clarity of documentation and developer resources. |
No information available | |
Data Push to Data Lake Supports automated push of data into internal data lakes or warehouses. |
No information available | |
Integration with Visualization Tools Direct integration with tools like Tableau or Power BI. |
Integration with visualization tools like Tableau/Power BI is possible via R packages such as 'tableau' or by exporting data, but not provided natively by R Markdown out-of-the-box. |
End-to-end Audit Trail Tracks and records all changes made to studies, models, and datasets. |
No information available | |
Model Governance Frameworks Supports established model governance processes and documentation. |
No information available | |
User Access History Report on who accessed specific data, when, and what changes were made. |
No information available | |
Locked and Certified Study Versions Allows ‘locking’ final study versions and marking them as certified. |
No information available | |
Automated Data Lineage Shows data flow and sources within the system for governance and troubleshooting. |
No information available | |
Regulatory Reporting Exports Generates outputs in formats required by insurance regulators. |
No information available | |
Role-based Sign-off Workflows Supports sign-off steps by different roles for studies and assumption changes. |
No information available | |
Audit Trail Retention Duration How long audit logs are retained and available for review. |
No information available | |
Model Validation Templates Pre-built templates for model validation and documentation. |
No information available | |
Study Approval History Saves complete history of each approval step for studies and assumptions. |
No information available |
Maximum Dataset Size Supported Largest dataset size that can be imported or analyzed without performance degradation. |
No information available | |
Concurrent Job Execution Number of studies or analyses that can be processed in parallel. |
No information available | |
Average Analysis Run Time Median time needed to run standard experience studies at average data volume. |
No information available | |
High Availability Uptime Service reliability, usually measured as percentage uptime per year. |
No information available | |
Latency for Report Generation Average time to generate or refresh standard reports. |
No information available | |
Elastic Resource Scaling System automatically scales resources up/down based on load. |
No information available | |
Disaster Recovery Support Automated failover and data backup for system outages or failures. |
No information available | |
Geographic Data Center Options Choice of hosting in multiple geographic regions for performance or compliance. |
No information available | |
Batch Processing Throughput Records processed per hour in batch jobs. |
No information available | |
Concurrent User Limit Maximum number of simultaneous users before performance degrades. |
No information available |
24/7 Technical Support Round-the-clock support availability via chat, phone, or email. |
No information available | |
Dedicated Account Manager Named contact for account and issue management. |
No information available | |
User Documentation Completeness Comprehensiveness of provided user guides and reference manuals. |
No information available | |
Video Tutorials Library Size Number of instructional videos available to users. |
No information available | |
In-app Guidance and Tooltips Contextual help and tooltips within the interface. |
Tooltips can be implemented via HTML widgets in output, but not standard in R Markdown editor. | |
Training Programs Offered Number of distinct user training workshops or webinars offered annually. |
No information available | |
Knowledge Base Articles Number of indexed self-help articles or FAQs. |
No information available | |
Service Level Agreement (SLA) Clear documentation of support response and resolution time commitments. |
No information available | |
Product Update Frequency Average frequency of releases and improvements per year. |
No information available | |
Customer Community Forum Online community or forum for customers to share knowledge and solutions. |
RStudio maintains an active community forum for R Markdown users. |
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