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BIC MASTERCLASSExecutive Training Provider
Executive Professional Development | Cohort Enrollment Open

Claims Data Analytics, Fraud Detection and Prevention Workshop

Practical training designed around real insurance claims scenarios. Turn claims records into useful operational insights, uncover leakage indicators, and fortify loss reserves without programming required.

Dates 29th & 30th Oct
Schedule 9:00 AM – 4:00 PM
Venue Fiesta Royale Hotel
Fee / Delegate GH₵ 3,900
verified 100% Practical & Interactive
database Claims-Focused Datasets & Templates
code_off Zero Programming Required
Confident African female insurance claims data analyst in professional attire, thoughtfully evaluating digital analytics against a crisp corporate backdrop with subtle geometric crimson curves and executive ambiance, reflecting high-stakes risk evaluation and mastery.
Masterclass Practical Track

Insurance Claims Sandbox

Excel & Power BI live triage simulations on real loss portfolios.

analytics
Executive Training Provider

About BIC Masterclass

workspace_premium Tailor-Made Solutions
school Expert Trainers with Hands-On Expertise

BIC Masterclass is a leading consulting and training provider that focuses on addressing specific and key burning competency issues of the various sectors. We address these issues by providing tailor made solutions in the form of Master Classes (BIC Master Class), in-house Trainings and Conferences (BIC Conferences) delivered by expert trainers with hands-on expertise in the subject area at leading organizations.

We enable individuals to gain leading professional competencies that offer strategic edge over the respective industry demands. We help organizations and individuals achieve their goals by sharing knowledge, skills, abilities and insights gained by experienced BIC professionals and other industry experts.

12+

Sectors served across regions of Ghana

2,500+

Executives and department leads upskilled

98%

Direct post-workshop operational application

Strategic Imperative

Claims Generate Data. Your Team Needs to Know What the Data is Saying.

Every claim submitted, audited, and settled creates a digital footprint. Without analytics competency, vital operational signals slip unnoticed.

speed

Claims Performance

Track settlement volume, claim frequency, loss severity, and identify operational bottlenecks in processing timelines.

Metric Anchor Mean Settlement Cycle Time
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Leakage Control

Uncover systemic overpayments, duplicate payments, missed subrogation opportunities, and off-tariff servicing vendor charges.

Metric Anchor Subrogation Recovery Ratio
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Fraud Awareness

Recognise anomaly patterns, suspicious loss clusters, repeated staging indicators, and provider billing irregularities before sign-off.

Metric Anchor Red-Flag Infiltration Index
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Better Decisions

Equip claims teams with defensible empirical evidence to support fair, compliant, timely, and policy-consistent determinations.

Metric Anchor Audit Defensibility Score
08 Core Modules Structured for end-to-end claim life cycle
10 Learning Outcomes Direct workplace behavioral capabilities
100% Claims Focused Pure underwriting & claims registries
Zero Coding Required Excel & Power BI based logic models
terminal

You Do Not Need to Be a Programmer

This masterclass focuses on practical spreadsheet formulas, pivot models, analytical inquiry techniques, and executive dashboards—translating claims data into actionable insights without writing code.

Measurable Executive Competencies

What You Will Learn

Ten operational pillars designed to translate raw underwriting and loss data into defensible decisions and cost-saving interventions.

01

Analyse Claims Data

Analyse claims data to identify trends, patterns, performance gaps and emerging risks across motor, health, life and property lines.

02

Clean & Organise Claims Data

Clean, validate and organise claims data for accurate analysis, stripping out corrupt registers, inconsistent policy records and format breaks.

03

Excel & Power BI Dashboards

Use Excel and Power BI to analyse claims and develop insightful dashboards that senior executives can query in real time.

04

Recognise Fraud Indicators

Recognise suspicious claims patterns, anomalies and potential fraud indicators before settlement authorizations are issued.

05

Detection & Risk Scoring

Apply rule-based detection, outlier analysis and basic risk scoring techniques to rank loss events by vulnerability indices.

06

Data-Driven Investigations

Use data-driven insights to prioritise and support claims investigations, optimizing the bandwidth of Special Investigation Units (SIU).

07

Assess Fraud Exposure

Identify vulnerabilities and assess potential fraud exposure across third-party repair networks, clinics, and claimant representations.

08

Proactive Prevention Controls

Recommend appropriate internal operational controls and proactive fraud prevention measures before losses materialize.

09

Claims Analytics Reporting

Develop claims analytics reports and communicate findings effectively to technical underwriting committees and governing boards.

10

Drive Operational Performance

Translate analytical insights into practical actions to improve claims processing velocity, lower loss adjustment expense (LAE) and control total claims costs.

Masterclass Syllabus

Claims-Focused Course Modules

A comprehensive, rigorous two-day progression taking practitioners from raw data sanity through automated red-flag triage models. Click any module to preview key curriculum takeaways.

MOD 01 data_object

Fundamentals of Claims Data Analytics

Introduction to claims analytics; core insurance metrics: Loss Ratio, Claim Frequency, Loss Severity, Reserve Development & Triangles.

Includes live cohort workbook modeling on claim aging brackets and triangle development methodologies.
Core Metrics Focus expand_more
MOD 02 cleaning_services

Claims Data Prep & Quality Management

Cleaning messy claims registers, structuring longitudinal claim tables, resolving duplicate records, addressing policyholder identity mismatches.

Hands-on data cleaning formulas: TRIM, CLEAN, XLOOKUP, deduplication routines, and register auditing.
Data Sanitation Protocols expand_more
MOD 03 monitoring

Advanced Analysis via Excel & Power BI

Pivot tables, cohort trend analysis, claim aging buckets, and high-impact visual dashboards designed specifically for insurance portfolios.

Constructing dynamic interactive slicers, aging distribution heat maps, and cross-filter KPI visuals.
Dashboard Architecture expand_more
MOD 04 crisis_alert

Insurance Fraud & Red Flag Indicators

Common schemes across motor staging, phantom healthcare billing, staged fire claims, inflated property loss assessments, and behavioral cues.

Taxonomy matrix of Ghanaian & regional West African fraud syndicates and staged loss signatures.
Fraud Scheme Taxonomy expand_more
MOD 05 psychology

Advanced Fraud Detection & Risk Scoring

Unsupervised anomaly identification, cross-registry duplicate claimant matching, provider collusion rings, and rule-based risk ranking matrices.

Implementing weighted scoring models in Excel to triage loss files into Green, Amber, and Red queues.
Anomaly Algorithms expand_more
MOD 06 policy

Data-Driven Claims Investigation & SIU

Prioritizing high-risk claims for Special Investigation Units (SIU), structuring evidentiary documentation, forensic chain of custody, audit trails.

Legal admissibility of analytical evidence, chain of custody protocols, and witness statement triages.
SIU Prioritization expand_more
MOD 07 verified_user

Fraud Prevention & Claims Controls

Designing resilient internal underwriting-to-claims controls, enterprise fraud risk assessment matrices, and governance compliance protocols.

Establishing separation of authorization duties, digital payment seals, and audit checks.
Governance Frameworks expand_more
MOD 08 present_to_all

Analytics Reporting & Executive Dashboards

Operational and Board-level reporting frameworks, KPI dashboards, and establishing a 90-day institutional action roadmap for claims teams.

Framing executive presentations to convey salvage savings, loss ratios, and fraud containment ROI.
Boardroom Execution expand_more
Organizational Impact

What You Will Be Able to Do

Return to your office on Monday morning with an immediate upgrade in technical precision, defensibility, and analytical execution.

insights

Analyse Data

Transform thousands of messy claim rows into clear trend-lines, pinpointing portfolio health, seasonal spikes, and under-reserved exposure in minutes.

hourglass_empty

Spot Inefficiencies

Identify exact operational bottlenecks in claims registration, documentation delays, and third-party adjuster approvals that inflate claims cycle costs.

fact_check

Improve Decisions

Replace subjective gut-feel with quantified risk scoring, allowing adjusters to approve legitimate payouts faster while stopping questionable claims cold.

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Detect Fraud

Spot collusive repair vendor charges, duplicate invoice submissions, staged loss patterns, and claimant identity anomalies before checks are drawn.

table_chart

Better Reporting

Build boardroom-ready visual executive dashboards that communicate loss ratios, reserve movements, and fraud containment ROI clearly to Managing Directors.

price_check

Control Costs

Plug systemic claims leakage, enforce service vendor tariff compliance, accelerate salvage recoveries, and optimize claims operations spend.

Cohort Delegate Profile

Who Should Attend

Engineered specifically for professionals responsible for loss ratios, operational reserve accuracy, and investigative integrity.

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Claims Officers & Adjusters

Front-line claims adjusters seeking to supercharge day-to-day triage velocity, evaluate loss documentation with statistical rigor, and eliminate subjective processing delays.

Immediate Skill: Spreadsheet Triage & Tariff Audit
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Claims Supervisors & Managers

Heads of claims departments needing automated visibility into department cycle times, team workload distribution, reserve movements, and portfolio loss trends.

Immediate Skill: Executive Power BI Dashboards
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Fraud & Risk Officers

Special Investigation Units (SIU) and risk governance teams focused on designing empirical red-flag algorithms, provider collusion analysis, and early-warning tripwires.

Immediate Skill: Automated Red-Flag Scoring
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Audit & QA Teams

Internal audit leads and quality assurance inspectors looking to run automated longitudinal audits across thousands of settled claim folders without sampling biases.

Immediate Skill: 100% Claims Ledger Sampling
Direct Executive Admissions

Secure Your Organization's Seats

Enroll your team to build defensible claims analytics capacity. Cohort registration includes full course manual, ready-to-deploy spreadsheet templates, lunch, and executive certification.

event
Workshop Schedule 29th & 30th October (9:00 AM – 4:00 PM)
location_on
Executive Venue Fiesta Royale Hotel, Accra
payments
Tuition Investment GH₵ 3,900 per delegate
lock Corporate invoicing available upon request. Official purchase orders honored.

Admissions & Invoicing Request

Fill in the primary liaison details. An official corporate invoice and onboarding pack will be issued.

Estimated Investment GH₵ 3,900
Includes VAT, Certification & Materials