"Today many big organizations are sitting on large chunks of data, not knowing what to do with it. They invite consultants & business analysts to have a look at data and come up with insights that could help the organization run their business better. There is no clear set of instructions in such open-ended problems and it is expected of the consultant to do a lot of exploration first and formulate the problems themselves. These DVT projects fall into the bucket of such open-ended problems and a specific problem statement has not been given intentionally. It is expected of students to explore the data and come up with good insights. There is no right and wrong answer here. There should a clear logical story which should come out of their submission."
Please find below DVT Project instructions:
Note:
Please upload the project on Tableau public and includetheURL in a word doc and upload it.
Any assignment found copied/ plagiarized with another person will not be graded and marked as zero.
Please ensure timely submission as a post-deadline assignment will not be accepted.
Please find the instructions
here
.
To learn how to publish your tableau file, click
here
.
Once you publish the story to the tableau public, please make sure you hide it on your profile so that it is not visible publicly. Only those who have access to the visualization link will be able to see it. Please follow the instructions from
hereto know how you can hide your visualizations.
Please use the following datasets- (Car Claim Insurance.xlsx)
Business Context
We are all aware that accidents are prone everywhere due to negligent driving or climatic conditions. An insurance company always needs to be prepared to estimate the number of accidents and the claims that they can receive at a given point time. Also understanding the pattern of claims would help the companies to frame different types of policies for the users providing better benefits and at the same time increasing the premium to the company.
Problem Statement:
Consider that you are a Lead Data Analyst at an Insurance Claims company that has provided you with the Car Insurance Claims dataset. You have been given a task to explore the data, create different plots and interpret useful insights/findings. Your end goal here will be to create a storyboard that you have to present to the Senior Management and the story has to have an end objective and should follow a logical flow to display that you are heading towards achieving the end objective. This will help the Senior Management in taking some decisive actions on the current claims system in place. This storyboard will be an open-ended story for you to explore various different features in the data and try to showcase different plots. Make sure to have minimum clutter in the plots, follow a consistent color scheme across all the plots, and use proper colors to highlight a specific insight. Moreover, your plots on all the dashboards should be interactive and responsive.
There should be 1 dashboard that should cover the summary of the story as well as your recommendations.
Important Note:Please reflect on all that you have learned while working on thisproject. This step is critical in cementing all your concepts and closing the loop. Please write down your thoughts
here
Regards,
Program Office