The web session gives an introduction to modern financial mathematics and derivative pricing. It is designed to prepare actuaries without adequate training in these fields for the quantitative parts of the CERA education. The web session is moreover an ideal learning opportunity for actuaries who want to become acquainted with or refresh their knowledge in […]

The aim of this web session is to equip participants with the knowledge and practical skills needed to apply advanced GenAI concepts in actuarial contexts. By the end of the session, participants will be able to: -Understand how to interact with GenAI tools programmatically through APIs. -Customize LLMs using fine-tuning techniques to address domain-specific requirements. […]

The Volatility Adjustment is a key component of the Solvency II prudential framework with a significant impact on the EU sector. This session aims at explaining the evolution of the VA under the current formula versus the new formula following the new SII directive applicable as from 30/01/27. We will explore on how the deficiencies […]

The Volatility Adjustment is a key component of the Solvency II prudential framework with a significant impact on the EU sector. This session aims at explaining the evolution of the VA under the current formula versus the new formula following the new SII directive applicable as from 30/01/27. We will explore on how the deficiencies […]

The insurance industry is undergoing a profound transformation, driven by the integration of Artificial Intelligence (AI) technologies across the entire value chain. From underwriting and pricing to claims handling and customer interaction, AI is reshaping traditional processes and enabling insurers to operate with greater speed, precision, and insight. As AI becomes a strategic lever for […]

This module deals with the challenges of implementing ERM Processes. It includes requirements on ERM Processes and the discussion of best practices. It will be presented how to define an organisation’s risk strategy, risk appetite, risk tolerances and limits. We discuss how business strategy influences risk strategy and show their necessary interaction. We demonstrate the […]

Excel-based tariff calculators remain a cornerstone of actuarial work in life insurance, but they come with well-known limitations: complex formulas and embedded VBA code, a lack of transparency, and difficulties in scaling or integrating with modern IT environments. For actuarial migrations and product validations, these tools are still widely used – yet they are also […]

The 4-day web session assists actuaries in broadening their knowledge about modern quantitative financial and actuarial modelling; these topics form an essential part of the CERA syllabus. At the beginning of the online training we give a brief overview of the EAA-route to the CERA designation. The core part of the web session begins with […]

Due to technological progress in connection with Data Science and Digitalization, summarized under the buzzword Big Data, a plethora of opportunities and challenges for the industry is arising. Technological developments have now also reached the insurance industry and thus have a direct impact on the working world of actuaries. Under the heading Actuarial Data Science, […]

In 2016 the Paris Climate Accords came into force, with signatory nations committing to limit global warming to well below 2°C, ideally to under 1.5°C compared to pre-industrial levels. A decade later, it’s time to assess the progress in the context of the global energy sector's transition. While global temperatures continue to rise and yearly […]

The present training is concerned with the question of economic capital in corporate management. Key aspects are: economic valuation and performance actuarial-academy.com economic steering key performance indicators value based management A simplified case study for a life insurer shows in a nutshell the central aspects of corporate management in practice. The course consists of lectures […]