The purpose is to explain the objective of the VA, the current formula plus the deficiencies identified by EIOPA. We then present the new formula consisting of a permanent VA and macro-VA. We finally tackle the contributors of over/undershooting effects of the VA and bring additional Actuarial thoughts. Anmeldeschluss: 2025-01-20 Link: https://actuarial-academy.com/seminars/seminar?No=E0476
This session will cover various aspects of behavioural pricing, including: In this online training attendees are given a comprehensive overview of the pricing process, highlighting the strategic role of price optimisation. The session delves into the construction of demand models, emphasizing their benefits in predicting customer behaviour. Participants learn about the mechanics of price optimisation […]
By the end of the online training, participants will leave with an understanding of how Python machine learning libraries can be used for best estimate assumption setting in a life insurer. Participants will also understand how XAI (Explainable AI) techniques can be used for model validation and model comparison. Anmeldeschluss: 2025-01-24 Link: https://actuarial-academy.com/seminars/seminar?No=E0474
Participants will gain an in-depth understanding of two techniques for allocating aggregate capital to business units or individual risks that are valuable for risk assessment and business management. Using R, we provide a practical case study on the (often challenging) estimation of gradient capital allocation and Orthogonal Convexity Scenarios using kernel estimation methods, providing in-depth […]
The aim of this course is to introduce participants to the fundamentals of data science, enabling them to understand its relevance and apply basic skills in their daily business. By delving into data exploration, predictive analytics, and innovative methodologies, participants will grasp the essence of data-driven decision-making. Through a blend of theoretical concepts, practical examples, […]
In recent years, there has been a great increase in the use of simulation techniques in fields touched by actuaries. Financial firms and others who advise or regulate them often need to estimate the value of portfolios of assets and/or liabilities. At least one side of the balance sheet is often too complicated to price […]
The goal of this web session is to provide a comprehensive explication of the actuarial methods in Health SLT insurance which are commonly used in European jurisdictions. Case studies are presented to introduce some recent developments in the design of life-long health covers. By the end of the online training, participants will have an understanding […]
We intend to give an introduction to the concepts of Actuarial Data Science and its applications. We start at the very beginning, so no prior knowledge is required. In this three-day seminar, we cover a wide range of topics. This includes a basic introduction to the concepts and terms of artificial intelligence, modern data management […]
Based on the building blocks known from Basic and Advanced, we want to deepen some topics and present further important topics from the field of Actuarial Data Science. In this three-day training, we cover a wide range of topics. This includes an advanced introduction to the concepts and terms of artificial intelligence, concepts of information […]
This web session is one part in a course that consists of four modules. They can be booked as a whole series to fulfil the requirements for receiving the CERA designation, or individually as CPD training. Written exams on the course are offered subsequently. Please contact your actuarial association regarding the recognition of the (online) […]
This online module is one part in a course that consists of four modules. They can be booked as a whole series to fulfil the requirements for receiving the CERA designation, or individually as CPD training. Written exams on the course are offered subsequently. Please contact your actuarial association regarding the recognition of the (online) […]
Laying out use cases and affected insurance processes (note that these may not even look like “AI”…), the online training is structured as follows: 1. Super-short recap: Provisions of the AI act relevant for insurance 2. Conceptual toy examples 3. Impact assessment 4. Real-world use cases 5. Outlook and discussion Anmeldeschluss: 2025-03-27
