On the way of finding my true passion Anonymous

I did not realize life could be so fragile and unpredictable until my grandmother was diagnosed with lung cancer. With social security as her only form of income, my family was burdened with extreme financial pressure. It was through this experience that I came to realize the importance of health insurance. As amathematics and statistics student with a concentration in actuarial science, I am intrigued by data analytics and its applications to the insurance industry.

Having grown up in China where the health care system is still developing, I’ve seen many people who cannot afford medical treatment receive substandard medical services. I believe more sophisticated medical insurance to be a solution to this situation, and hope to use my knowledge and statistical analysis skills to improve the Chinese insurance industry, thus protecting and enhancing people’s quality of life.

In my freshman year, I started to explore how data analytics is used in the insurance industry. I worked collaboratively on designing a new commercial insurance plan in line with people’s needs and budgets. I designed questionnaires, collected data, conducted statistical analyses, and drafted part of the policy. My analysis revealed a strong demand for...