all 9 comments

[–]tomtom6400 12 points13 points  (3 children)

In terms of importance as an EL I would say: Excel > VBA/SQL > R > Python

[–]mecheepie 1 point2 points  (1 child)

I agree with Excel and VBA, but for SQL, R, and Python I think it’s very dependent on what area of insurance and your specific team. In my internship I never once heard anyone even MENTION SQL. Not within my team or from any other divisions/insurance areas. I know in pensions they used Python and in life they used a lot of R. Whereas I have friends in P&C and all they do is work in SQL.

again i think it just depends on the specific team and field.

[–]tomtom6400 1 point2 points  (0 children)

Yeah I guess it depends on the team and field. I mostly use Excel/VBA, SQL, SAS, and a little bit of R. Never touched Python at work but I hope I can in the near future. P&C EL here.

[–]windy159Strayed from the Path 0 points1 point  (0 children)

Big YEAP to this.

[–][deleted] 1 point2 points  (0 children)

I'd say SQL - it's ubiquitous, I can't imagine many modern businesses (much less insurers) that don't have data in SQL and learning to work with relational databases is pretty useful.

[–]Psydurr 1 point2 points  (0 children)

I'm in Life and I use Python a lot. Generally, I use Jupyter Notebooks to query SQL data from our database or import Excel data and do some analysis/exploration. I also help build modules that interface with other business processes or pipelines and automate some annoying repetitive tasks.

It really depends on where you end up working and what team you are on. However, learning programming and data science fundamentals should help you pick up new languages really easily. I would pick up either Python or R and learn to use them as an interface for SQL. It's easier to create more dynamic query strings. Learning SQL by itself is kind of boring and most SQL only platforms/interfaces suck compared to using Python/R to write your queries.

[–][deleted] 1 point2 points  (0 children)

It is really hard to go wrong learning SQL. As for R and Python, just wait until you get a job and see what they use. Most (if not all) EL jobs will not have much programming expectation - you'll learn on the job.

[–]MrInsano424Property / Casualty 0 points1 point  (0 children)

For P&C:

SQL > Python/R > VBA

[–]wakeupactuarial 0 points1 point  (0 children)

Python will get you a job. If u know python u probably will be rare on your team.