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Create a risk model for an individual based on their age

The risk calculation for an assessment is configured through the Policy Builder.

Prerequisites

This tutorial assumes you are using our new smart policy configuration. About workflows.

To see the Policy Builder tab, you must have read and write access for the Policy Builder permission. To change your permissions, contact the administrator of your account.

In this tutorial, we will create a sample risk model for assessments by individuals. Assessments are assigned a risk level as follows:

  • Low risk: The risk score is calculated as below 50.

  • Medium risk: The risk score calculated is from 50 to 100.

  • High risk: The risk score is calculated as above or equal to 100.

The risk score is calculated based on the Age risk factor as follows:

  • Individuals under 18 years of age have their risk score increased by 100.

  • Individuals from 50 to 64 years of age have their risk score increased by 50.

  • Individuals 65 years old or greater have their risk score increased by 100.

To configure the risk model for this scenario:

  1. Open the Policy Builder and select Risk management from the side menu.

  2. Select New risk model and then Individuals.

  3. Enter a name for the risk model.

    Risk model name field with the name 'Sample individual risk model' entered.
  4. Open the Risk levels tab and enter a Medium risk threshold of 50 and a High risk threshold of 100.

    Configure risk levels for assessments
  5. Open the Risk factors tab and select Add a risk factor.

  6. For Select a risk factor, select Age and then Add risk factor. Check the box for Require risk factor to calculate total score. If the individual's age is unknown, the risk score is undetermined.

    Add age risk factor to individual risk model
  7. Select Add rule to add each of the following rules:

    • Individuals under 18 years of age: Set the Description to "Individual is under 18". Select Is less than and enter a value of "18". Set the Score to 100.

    • Individuals from 50 to 64 years of age: Set the Description to "Individual is 50 plus". Select Is in the range and enter "50" ≤ value ≤ "64". Set the Score to 50.

    • Individuals 65 years of age or older: Set the Description to "Individual is 65 plus". Select Is greater than or equal to and enter a value of "65". Set the Score to 100.

      Configure risk rules for age
  8. Select Update.

  9. Apply the risk model to an assessment for an individual. Select Assessments from the side menu and select your chosen assessment.

  10. In the Policies for individuals section, set the Risk model to the individual risk model you created.

    Apply risk model to an assessment

Additional information