natnew / Financial-Data-Analytics

Financial Data Analytics Projects

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Financial-Data-Analytics

Financial Data Analytics - Insurance Project

Business Case

The main goals throughout the analysis includes the following:

  • Price products based on policy holder behaviour
  • Gain customer insight and assess their experience
  • Gain customer insight and assess their experience

In this project, I performed the following tasks:

  • Queried a public dataset
  • Created a custom table
  • Loaded data into a table
  • Queried a table
  • Presented findings in a dashboard

This is a data analytics project that:

  • Discovered the underlying structure of the data.
  • Looked for trends, patterns, and anomalies in the data.
  • Tested hypotheses and validated assumptions about the data.

Team Included :

  • Data Engineer
  • Data Scientist
  • Data Analyst
  • Business Analyst/Ops Analyst
  • Head of Data Analytics

About The Data Set:

This data set was taken from Here
The data has been anonymised to comply with privacy regulations.

The data has the following features:

  • Age - The customer's age
  • Sex - The customer's sex
  • BMI - The customer's BMI
  • Smoker - Whether the customer is or is not a smoker
  • Region - The region that the customer lives in
  • Charges - The customer's insurance charges
  • Children - Whether the customer has children & How many

Distribution By Age

Distribution By Number of Children

Distribution By Number Charges

Data Cleaning:

In this stage of the project, I cleaned the data and made specific changes like:

  • Removed duplicate or irrelevant observations
  • Fixed the structural errors (naming convention, typos etc.)
  • Filtered unwanted outliers
  • Handled missing data
  • Validated the data and performed QA

I asked the following questions:

  • Does the data make sense?
  • Does the data follow the appropriate rules for its field?
  • Does it prove or disprove your working theory or bring any insight to light?
  • Can you find trends in the data to help you form your next theory?
  • If not, is that because of a data quality issue?

Notebook

Exploratory Data Analysis(EDA):

In this stage, I performed Exploratory Data Analysis on the cleaned data and got some insights:

BMI vs. Charges

BMI vs. Charges With Regression Line

BMI vs. Charges by Smoker

BMI vs. Charges by Smoker With Regression Line

Smoker vs. Charges

Data Presentation

The data insights were presented to stakeholders using Tableau.

The full report is available upon request

About

Financial Data Analytics Projects