Division of Public Health Dietetic Internship Public Health
Understanding the Public’s Health
Health promotion and communication strategies have proven to be effective at advancing public health initiatives over time. We have also learned that policy strategies have helped to advance many public health causes.
Using the Internet, research the health promotions and communication strategies.
Based on your research, respond to the following:
Do you believe health promotion or communication strategies can be effective without policy? Why or why not? Provide an example to support your opinion.
Give reasons and examples in support of your responses. Be sure to cite any relevant resources.
Measuring Risks Essay
You will assume the role of a senior analyst hired by a fictitious company, Premium Acceptance, a midsized property insurance carrier. Premium Acceptance is performing well with respect to several key performance indicators, including policies in force, policy retention, and new business counts.
One of your objectives as the newly appointed senior risk analyst is to develop a framework for managing loss ratios which is one of the firm’s largest key performance indicators. A loss ratio is simply the difference between the ratio of claims paid by an insurance carrier and the ratio of premiums paid. The board of directors depends on the ability to forecast loss ratios, which in turn enables them to forecast profitability metrics to the shareholders. The organization will now consider implementing the use of statistics for measuring risks.
Your deliverable should be composed as a report. Be sure to address the following items:
Explain how statistics is used to formally define risk in the risk assessment process.
Discuss at least two statistical tools that can be employed to measure risk.
Convey which tool best serves the company’s purposes and explain why it is.
What are the ramifications of the organization electing not to use statistics in this process?