Basics of NLP and Natural Language Models (LLM1)

Discover how Natural Language Processing, Large Language Models, and Generative AI can transform actuarial work. This hands-on course explores foundational concepts, real-world use cases, and strategic implementation techniques. Designed for insurance professionals, it provides practical tools to integrate AI into workflows, enabling innovation in underwriting, modelling, and beyond.

Free Preview

Preview

£325 Once-off (3-month access)

Enroll here

Introduction

If you’re looking to learn more about how to apply NLP and GenAI (LLM) techniques to actuarial work, this course is ideal for you. An individual subscription gives you 3 months’ online access to:

  • Course materials
  • Downloadable Notebooks with code and explanations
  • Option to ask tutors questions
  • Hands-on practical examples linked to actuarial work
  • On-demand access

As Well As

Our AI, Industry and Actuartech Resource Libraries which feature curated additional content to assist you on your data science journey.

A coding project is also available to practice the skills you learn in this course.

A IT engineer working on a project.
Someone working on an online course at their desk.

Pick from any of our introductory or advanced courses with bespoke insurance and actuarial specific case studies.

Our platform is easy to use and offers detailed guides, with course content and downloadable Notebooks offering code and explanations, enabling you to apply data science hands-on.

We provide case studies and projects relevant to actuarial work, and based on relevant datasets provided. You have the option to interact and network with your peers.

Overview

This course is designed to introduce NLP, LLM and Gen AI in the context of insurance; with practical use cases and hands-on examples. The course will cover an overview of the theory, example practical applications as well as an overview of the broader ecosystem in which these techniques could be utilised. ​

Participants will embark on a journey from understanding the basics of what NLP and LLMs are, including an overview, specifications, evaluations, and their pros and cons, to starting to explore how to effectively utilise these techniques through various techniques such as prompting, and fine-tuning strategies. ​

We cover example strategic implementation, featuring case studies and real-world challenges to equip attendees with the knowledge to initiate their own projects or integrate NLP or LLMs into existing workflows. ​

By the end of course, participants will have been provided with the foundation content of the operational and strategic aspects of NLPs and LLMs which will help to enable participants to harness these powerful tools for a wide range of applications in insurance and risk management.  

Get started

Basics of NLP and Natural Language Models

Sign-up for a free preview of this course

Free Preview

Preview

£325 Once-off (3-month access)

Enroll Today

Course Structure

Chapter 0 introduces the course and provides and overview of what to expect. ​

Chapter 1 dives into extracting valuable insights from text data, focusing on core techniques for preparing and analysing raw text. ​

Chapter 2 explores how words and phrases are represented as vectors, delving into various embedding methods and their role in understanding language. ​

Chapter 3 introduces key tasks in natural language processing, from understanding meaning and context to generating useful outputs like summaries or classifications. ​

Chapter 4 provides an overview of generative AI, particularly large language models, examining their capabilities, customisation, and real-world applications. ​

Chapter 5 discusses the challenges and limitations of NLP and LLM technologies, along with best practices for developing and deploying AI systems responsibly.  

A person showing different sections of an online course

Who's this course suitable for?

  • Insurance professionals eager to explore NLP, LLMs, and Generative AI.
  • Actuaries, underwriters, and managers seeking AI-driven tools for decision-making.
  • Teams looking to integrate AI into insurance workflows, with or without prior machine learning experience.

Why is this topic important?

  • NLP and LLMs unlock new opportunities for automation, efficiency, and customer insights.
  • Practical applications of AI can streamline claims processing, policy generation, and fraud detection.
  • Embracing AI technologies ensures organisations remain at the forefront of industry advancements.
  • Leverage AI to analyse vast amounts of unstructured data, improving risk assessment and strategic planning.

The course was just what I needed to rocket launch my learning of Python up the learning curve.

The course was brilliant value for money. You and your colleagues know a lot about Python, and are very patient in explaining it to newcomers like me.

Thank you for an incredibly insightful but so, so practical (think often the missing ingredient) presentation of this topic, that we are all grabbling with. Your experience and expertise shone through and certainly a testament to the stellar work that you guys are doing in the industry.

I’m in the process of reviving my actuarial career. The data science course has given me lots of new ideas and things to try. You have inspired me. Thank you so much for putting it together. I think it’s amazing!

I liked the fact that the course was a mixture of coding itself, and wider issues such as governance / ethics / good practice.

Get started

Basics of NLP and Natural Language Models

Sign-up for a free preview of this course

Free Preview

Preview

£325 Once-off (3-month access)

Enroll Today

Interested in Corporate Training?

We have tailored packages available to ensure that corporate teams have the option to attend structured live lessons by our tutors, and the option to request a practical assignment and bespoke feedback. Invoicing option available.