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X-ORIGINAL-URL:https://avoe.at
X-WR-CALDESC:Veranstaltungen für AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
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BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251110T090000
DTEND;TZID=Europe/Vienna:20251111T150000
DTSTAMP:20260415T031043
CREATED:20250505T150533Z
LAST-MODIFIED:20250505T150533Z
UID:10000542-1762765200-1762873200@avoe.at
SUMMARY:EAA Web Session 'Hands-on Adaptive Learning of GLMs for Risk Modelling in R'
DESCRIPTION:During the web session\, we will first explore the theoretical foundations of both the bias-variance trade-off in predictive modelling and general GLM regularisation. We will then study the explicit design of the algorithm. The remainder will be hands-on as we provide extensive code that implements the algorithm in the statistical programming language R. We will discuss and run the code using a realistic case study in actuarial claims frequency modelling. You will learn how to use the programme and apply the algorithm to non-life claims data for pricing. Further focus will be on the visualisation of the results\, especially on the insights gained from the learned meta-results of the algorithm\, e.g.\, the implicit way how we selected\, prioritised and pre-processed variables.\nAnmeldeschluss: 2025-11-06
URL:https://avoe.at/event/eaa-web-session-hands-on-adaptive-learning-of-glms-for-risk-modelling-in-r-3/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251105T090000
DTEND;TZID=Europe/Vienna:20251105T123000
DTSTAMP:20260415T031043
CREATED:20250628T112839Z
LAST-MODIFIED:20250628T112839Z
UID:10000549-1762333200-1762345800@avoe.at
SUMMARY:EAA Web Session 'Assets and Liabilities Management Part 2: Advanced'
DESCRIPTION:For an insurance company\, ensuring the proper coordination between assets and liabilities in order to achieve targeted financial objectives is of paramount interest. A strategy used to reach such objectives is „asset and liability management“ (ALM in short). ALM can therefore be viewed as any ongoing process that defines\, implements\, and monitors financial strategies to manage assets and liabilities together. \nIn recent years\, the modelling tools used in ALM strategies have become increasingly sophisticated and the technical aspects of current insurance regulation have increased. As a result\, some ALM aspects have become more and more difficult to understand and master.\nAnmeldeschluss: 2025-11-03\nLink: https://actuarial-academy.com/seminars/seminar?No=E0518
URL:https://avoe.at/event/eaa-web-session-assets-and-liabilities-management-part-2-advanced-3/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251103T100000
DTEND;TZID=Europe/Vienna:20251103T120000
DTSTAMP:20260415T031043
CREATED:20250417T160003Z
LAST-MODIFIED:20250417T160003Z
UID:10000533-1762164000-1762171200@avoe.at
SUMMARY:EAA Web Session 'Addressing Class Imbalance in Machine Learning'
DESCRIPTION:In both life and general insurance\, many predictive modelling tasks involve outcomes that occur infrequently—such as policy lapses\, claims\, or fraud. This leads to class imbalance\, a situation where the target variable’s classes are not represented equally in the data\, often with one class (e.g. policy lapse) being vastly outnumbered by the other. If not properly addressed\, class imbalance can result in misleading classification models that overlook rare but critical events.\nAnmeldeschluss: 2025-10-30\nLink: https://actuarial-academy.com/seminars/seminar?No=E0523
URL:https://avoe.at/event/eaa-web-session-addressing-class-imbalance-in-machine-learning/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251030T140000
DTEND;TZID=Europe/Vienna:20251030T161500
DTSTAMP:20260415T031043
CREATED:20250709T090321Z
LAST-MODIFIED:20250709T090321Z
UID:10000555-1761832800-1761840900@avoe.at
SUMMARY:EAA Web Session 'Machine Learning Finance for Pension Funds with Examples'
DESCRIPTION:In general\, machine learning (ML) is the study of algorithms that improve through experience. These algorithms or models can make systematic\, repeatable\, validated decisions based on historical data. ML has come a long way in recent years\, which is reflected in the methods available for time series forecasting (they are also important for assessing parameters for different kinds of liability provisions). \nTherefore\, this type of analysis can help actuaries and members of pension fund boards of trustees to accurately assess different kinds of pension fund parameters for assets and liabilities and to prepare any kind of forecasts. Visualizing the evolution of pension fund parameters and forecasting them will help the board of trustees explain how to adjust them in the actuarial provision or what to expect in their future evolution. \nFor this workshop\, several examples for analyzing and providing such assumptions will be prepared and explained. Many useful visualization techniques will be presented with practical examples (via Python).\nAnmeldeschluss: 2025-10-28\nLink: https://actuarial-academy.com/seminars/seminar?No=E0530
URL:https://avoe.at/event/eaa-web-session-machine-learning-finance-for-pension-funds-with-examples/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251027T100000
DTEND;TZID=Europe/Vienna:20251027T120000
DTSTAMP:20260415T031043
CREATED:20250417T161003Z
LAST-MODIFIED:20250417T161003Z
UID:10000535-1761559200-1761566400@avoe.at
SUMMARY:EAA Web Session 'Risk Aggregation and Capital Allocation: From Calibration to Application and Beyond'
DESCRIPTION:This web session focuses on the aggregation of individual risks to the overall level of an insurance company. To achieve this\, we apply both deterministic and stochastic copula-based approaches\, along with key risk measures such as Value-at-Risk (VaR) and Expected Shortfall (ES). The outcome of this process is the capital requirement\, which must be covered by the company’s own funds—a limited and costly resource that necessitates careful management. \nAgainst this backdrop\, we explore risk steering methods that support economically sound decision-making\, addressing key questions such as: \nHow can we impose effective risk limits for business segments?\nHow can we identify value-enhancing and value-reducing business segments in the context of the firm’s overall risk profile?\nHow can we make informed decisions on risk mitigation tools?\nHow can we incorporate the cost of capital into insurance pricing?\nA fundamental concept underlying all these questions is capital allocation\, and specifically the gradient (Euler) capital allocation principle. The principle is directly linked to “marginal capital requirements” and is compatible with the performance measures mentioned above. \nHowever\, the proper implementation of capital allocation in risk management\, risk limiting\, and decision making often imposes significant challenges. On the computational side\, the gradient allocation principle requires determining the derivative of the risk measure—typically Value-at-Risk or Expected Shortfall—with respect to business volumes or other decision variables. Obtaining these derivatives is numerically challenging\, especially when risk measurement relies on Monte Carlo simulations. We demonstrate methods to enhance the stability of these estimations\, such as kernel estimation. In addition\, the allocation has the limitation of accounting only for the risk diversification effects of the current portfolio\, which can easily become invalid if the portfolio changes… more details on the website\nAnmeldeschluss: 2025-10-24\nLink: https://actuarial-academy.com/seminars/seminar?No=E0512
URL:https://avoe.at/event/eaa-web-session-risk-aggregation-and-capital-allocation-from-calibration-to-application-and-beyond/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251023T100000
DTEND;TZID=Europe/Vienna:20251023T120000
DTSTAMP:20260415T031043
CREATED:20251023T103932Z
LAST-MODIFIED:20251023T103932Z
UID:10000566-1761213600-1761220800@avoe.at
SUMMARY:Worldwide Mortality: From Historical Trends to Future Projections
DESCRIPTION:Life expectancy is a key metric for understanding mortality trends and it varies widely\ndepending on factors such as age\, gender and geography. During this websession\, we will delve\ninto the latest research and data on mortality trends and explore how they have changed over\ntime.\nSince the middle of the 20th century\, world-wide mortality has steadily improved\, but not at the\nsame rate in all regions\, so that clear differences can be recognised between countries. In some\nOECD – countries\, there has even been a recent decline in mortality improvement\, and the\nCOVID-19 pandemic has at least temporarily reinforced this trend.\nWe analyse different age groups\, their causes of death and how they coincide with mortality\ndevelopments. In addition to that\, we will discuss the drivers behind changes in mortality\, such\nas advances in medicine and public health\, changes in lifestyle and socioeconomic factors.\nUnderstanding the various drivers of mortality is essential for predicting future trends and\nconsequently for the assessment of the biometric risk in life- and pension insurance.\nOur online training will also explore the implications of changing life expectancies for our work\nas actuaries. We will discuss how we can use data and analysis to better understand these\nchanges and make informed decisions about the future. In this context\, we also outline the\nstrengths and limitations of the Lee-Carter model as a widely used model for predicting future\nmortality rates.\nLast but not least\, we discuss general uncertainties around future mortality\, where we focus\nespecially on the demographic and geographical factors analysed in the first part of the lecture.
URL:https://avoe.at/event/worldwide-mortality-from-historical-trends-to-future-projections/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251023T100000
DTEND;TZID=Europe/Vienna:20251023T120000
DTSTAMP:20260415T031043
CREATED:20250418T100729Z
LAST-MODIFIED:20250418T100729Z
UID:10000536-1761213600-1761220800@avoe.at
SUMMARY:EAA Web Session 'Modern Capital Market Concepts for Life and Pension Products'
DESCRIPTION:Due to the recent shifts in capital markets and a stricter regulatory environment\, insurers need to rethink their product offerings to stay ahead of the competition and offer life and savings solutions well suited to the various requirements of policyholders. This includes the need for capital guarantees in combination with strong performance engines and the focus on new and alternative asset classes as underlying for insurance policies.\nAnmeldeschluss: 2025-10-21\nLink: https://actuarial-academy.com/seminars/seminar?No=E0506
URL:https://avoe.at/event/eaa-web-session-modern-capital-market-concepts-for-life-and-pension-products/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251022T090000
DTEND;TZID=Europe/Vienna:20251022T121500
DTSTAMP:20260415T031043
CREATED:20250418T100939Z
LAST-MODIFIED:20250418T100939Z
UID:10000537-1761123600-1761135300@avoe.at
SUMMARY:EAA Web Session 'Intergenerational Fairness and Pensions'
DESCRIPTION:Pension funds link generations simply by the time scale of their transactions. Participants pay pension contributions for decades so that getting benefits after retirement\, hopefully again for decades. During the course of their career new cohorts start their working life\, so there is always active and retired living side-by-side. One group is only paying into the fund and so accruing pension rights\, while the other is getting benefit payments from the fund. While this description sounds simple\, their relationship is far from that. All the important external determinant factors\, being economic or demographic or legal\, will change in such a long period of time. These factors change the financial sustainability or benefit adequacy of the pension fund and so favour one group of the members to the others.\nAnmeldeschluss: 2025-10-20\nLink: https://actuarial-academy.com/seminars/seminar?No=E0513
URL:https://avoe.at/event/eaa-web-session-intergenerational-fairness-and-pensions/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251021T093000
DTEND;TZID=Europe/Vienna:20251021T130000
DTSTAMP:20260415T031043
CREATED:20250417T160239Z
LAST-MODIFIED:20250417T160239Z
UID:10000534-1761039000-1761051600@avoe.at
SUMMARY:EAA Web Session 'Climate Change Scenarios: Application\, Evolution\, and Reporting'
DESCRIPTION:Climate Risk scenarios are commonly used in the insurance industry for stress testing\, but interpreting and communicating results is often challenging\, given strong limitations and complex assumptions. This session will provide practical guidance on stress testing application in the ORSA context\, focusing on financial risks\, and provide context and foundations necessary in order to communicate and interpret the results. We will discuss key evolutions in recent years with a particular emphasis on NGFS scenarios and the modelling of physical risks.\nAnmeldeschluss: 2025-10-19\nLink: https://actuarial-academy.com/seminars/seminar?No=E0521
URL:https://avoe.at/event/eaa-web-session-climate-change-scenarios-application-evolution-and-reporting/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251015T093000
DTEND;TZID=Europe/Vienna:20251015T130000
DTSTAMP:20260415T031043
CREATED:20250415T082937Z
LAST-MODIFIED:20250415T082937Z
UID:10000532-1760520600-1760533200@avoe.at
SUMMARY:EAA Web Session 'A Practical Guide to RAG & Techniques'
DESCRIPTION:In the continuously evolving landscape of Artificial Intelligence (AI)\, Retrieval Augmented Generation (RAG) has emerged as a disruptive technology transforming how we interact with AI systems. RAG combines the strengths of information retrieval and Large Language Models to create powerful applications that can access and use vast amounts of data to generate contextually relevant and informative responses. This web session is designed to equip actuarial professionals with a solid understanding of RAG and its practical applications in the actuarial field. The session will be split into a theoretical deep dive and a hands-on session. Participants will discover the theory behind RAG and its core components\, including the key role played by vectors and vector stores\, and explore advanced engineering techniques that drive superior performance\, such as query decomposition\, re-ranking\, prompt engineering\, and agents.\nAnmeldeschluss: 2025-10-13\nLink: https://actuarial-academy.com/seminars/seminar?No=E0509
URL:https://avoe.at/event/eaa-web-session-a-practical-guide-to-rag-techniques/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251008T090000
DTEND;TZID=Europe/Vienna:20251010T123000
DTSTAMP:20260415T031043
CREATED:20250628T113905Z
LAST-MODIFIED:20250628T113905Z
UID:10000550-1759914000-1760099400@avoe.at
SUMMARY:EAA Web Session 'Assets and Liabilities Management Part 1: Introduction'
DESCRIPTION:This ALM training starts with a first part that is primarily an introduction to main concepts of ALM and is therefore particularly suited for participants coming from different departments (for instance\, people dealing with own risk solvency assessment techniques or enterprise risk management) and wanting to develop a broader view on what ALM is and how it works. It is also well suited for newcomers or people wanting to refresh their mind on these concepts. Note that the training is not limited to people working in ALM or treasury departments but is also adapted to other departments.\nAnmeldeschluss: 2025-10-06\nLink: https://actuarial-academy.com/seminars/seminar?No=E0517
URL:https://avoe.at/event/eaa-web-session-assets-and-liabilities-management-part-1-introduction-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250929T090000
DTEND;TZID=Europe/Vienna:20250930T170000
DTSTAMP:20260415T031043
CREATED:20250411T104858Z
LAST-MODIFIED:20250411T104858Z
UID:10000527-1759136400-1759251600@avoe.at
SUMMARY:EAA Web Session 'Open-Source Tools R and Python: Extending the Toolbox of the Actuary'
DESCRIPTION:Over the last years\, typical data science tasks like data manipulation and modelling have gained a stronger foothold in the day-to-day professional life of the actuary. Open-source languages are renowned to be especially equipped to deal with these kinds of tasks\, but can also be tricky to get started with\, especially when one has not been properly introduced to them. This workshop offers the opportunity to become more familiar with the open-source environment and its applications\, illustrated in detail by means of a number of hands-on modules\, thereby enabling the actuary to tackle the data science tasks in an elegant manner.\nAnmeldeschluss: 2025-09-25\nLink: https://actuarial-academy.com/seminars/seminar?No=E0510
URL:https://avoe.at/event/eaa-web-session-open-source-tools-r-and-python-extending-the-toolbox-of-the-actuary-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250923T100000
DTEND;TZID=Europe/Vienna:20250923T120000
DTSTAMP:20260415T031043
CREATED:20250411T105029Z
LAST-MODIFIED:20250411T105029Z
UID:10000528-1758621600-1758628800@avoe.at
SUMMARY:EAA Web Session "IFRS 17 Risk Adjustment: Practical Approaches & Lessons Learned"
DESCRIPTION:This web session is designed to be valuable for participants affected by IFRS-reporting\, for example working as actuarial\, finance\, controlling or risk experts. It is also beneficial for those interested in gaining a deeper understanding of the practical application of this critical component of the standard. The session will provide insights and guidance on good practices for implementing the risk adjustment within the framework of IFRS 17.\nAnmeldeschluss: 2025-09-21\nLink: https://actuarial-academy.com/seminars/seminar?No=E0505
URL:https://avoe.at/event/eaa-web-session-ifrs-17-risk-adjustment-practical-approaches-lessons-learned-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250915T090000
DTEND;TZID=Europe/Vienna:20250919T170000
DTSTAMP:20260415T031043
CREATED:20250415T064916Z
LAST-MODIFIED:20250415T064916Z
UID:10000530-1757926800-1758301200@avoe.at
SUMMARY:EAA 'CERA\, Module B: Taxonomy\, Modelling and Mitigation of Risks' Veranstalter: EAA
DESCRIPTION:The web seminar focuses on quantitative analyses of financial and non-financial risks of an insurance company and the effect and possible applications of risk mitigation techniques. After an introduction to the economic valuation of an insurance company\, including stochastic valuation models and approximation techniques for life companies\, and the building blocks of its economic balance sheet\, the risk measure as well as the relevant regulatory requirements of Solvency II will be discussed. Different concepts of risk modelling covering from standard formula to fully internal models will be presented. \nMethods for modelling market\, credit\, operational and underwriting risks will be presented in detail. The discussion covers the risk definition and identification and how it can be distinguished from other risks. Qualitative and quantitative valuation approaches will be discussed – including scenario analyses\, stress tests\, deterministic and stochastic assessments. Furthermore\, crucial aspects of any model such as assumptions\, distributions\, calibration and validation are discussed\, as well as limitations and criteria for the adequacy of a model for solving a given problem. \nHaving introduced and discussed the risk modelling\, tools and techniques will be discussed that are available in the insurance business to mitigate these risks. That includes the discussion around the implications of reinsurance and securitisation as well as portfolio management. We will also present what life insurance companies subject to traditional with profit business can do to hedge their main risks. \nBoth elements\, risk modelling and measurement as well as risk mitigation\, are closely related and interact with each other\, what will be reflected in the topics presented and the structure of the seminar. \nThe consolidated view on risks in a company and an outlook on Group models close the course… read more on EAA website.\nAnmeldeschluss: 2025-09-12\nLink: https://actuarial-academy.com/cera/seminar?No=E0495
URL:https://avoe.at/event/eaa-cera-module-b-taxonomy-modelling-and-mitigation-of-risks-veranstalter-eaa/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250903T090000
DTEND;TZID=Europe/Vienna:20250905T170000
DTSTAMP:20260415T031043
CREATED:20250415T070740Z
LAST-MODIFIED:20250415T070740Z
UID:10000531-1756890000-1757091600@avoe.at
SUMMARY:EAA Web Session 'Actuarial Data Science - Completion'
DESCRIPTION:This is part four of four courses required to obtain the EAA Certificate in Actuarial Data Science. To earn the certificate\, participants must complete all four modules\, which include both the seminar and the exam. Members of AVÖ and/or DAV will obtain the additional title Certified Actuarial Data Scientist (by AVÖ and/or DAV) by fulfilling the same requirements. \nFurthermore\, all courses are open to interested actuaries to deepen their knowledge and skills in the field of Actuarial Data Science (without exams). \nDue 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. \nTechnological developments have now also reached the insurance industry and thus have a direct impact on the working world of actuaries. \nUnder the heading Actuarial Data Science\, the procedures and methods of data mining are embedded in the actuarial context. These range from mathematics-driven statistical methods for derivation of insights from data to computation-driven methods sometimes summarized as machine learning. As a result of almost unlimited computing capacity through cloud computing and wide availability of training data\, tried and tested methods of machine learning\, such as artificial neural networks\, are experiencing a renaissance in theory and practice. \nThis web session is the fourth part of a four-part series at the German Actuarial Association (DAV). In this online training\, we will expand on and deepen some of the topics already known from the basic\, advanced and immersion seminar\, discussing further important techniques in the context of deep learning and data storage. It is based on the learning objectives of the DAV for Actuarial Data Science Immersion\, which is part of the actuarial training in Germany.\nAnmeldeschluss: 2025-09-02\nLink: https://actuarial-academy.com/seminars/seminar?No=E0470
URL:https://avoe.at/event/eaa-web-session-actuarial-data-science-completion/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20250628
DTEND;VALUE=DATE:20250629
DTSTAMP:20260415T031043
CREATED:20250628T115117Z
LAST-MODIFIED:20250628T115117Z
UID:10000552-1751068800-1751155199@avoe.at
SUMMARY:EAA's Anniversary Conference
DESCRIPTION:Celebrating 20 Years of Advancing Actuarial Knowledge \nThis year\, we are proud to celebrate our 20th anniversary. To mark this milestone\, we are hosting the EAA Anniversary Conference – a full-day online event\, free of charge for the entire actuarial community. Together\, we will celebrate two decades of collaboration\, growth and learning. \nThis special event brings together voices from our network — national actuarial associations\, lecturers\, actuarial umbrella organisations\, our founding associations\, and\, of course\, our participants & partners. It’s both a moment to look back at our journey and a chance to explore the topics that will shape the actuarial profession in the years to come. \nTo create a programme that truly reflects our community and the actuarial field in total\, we reached out to our national partner associations and asked them to suggest topics they find relevant. Based on this valuable input\, we have curated a diverse programme and invited lecturers from our trusted network. \nHere is a sneak peek at some of the topics that will shape our programme: \n\nAI and Machine Learning\nDemographic Change\nClimate Change\nTraditional Products
URL:https://avoe.at/event/eaas-anniversary-conference/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250616T090000
DTEND;TZID=Europe/Vienna:20250618T134500
DTSTAMP:20260415T031043
CREATED:20250407T101113Z
LAST-MODIFIED:20250407T101113Z
UID:10000522-1750064400-1750254300@avoe.at
SUMMARY:EAA Web Session 'Non-Life Pricing Using Machine Learning Techniques with R Applications''
DESCRIPTION:Non-Life insurance is facing many challenges ranging from fierce competition in the market or evolution in the distribution channel used by consumers to evolution of the regulatory environment. \nPricing is the central link between solvency\, profitability and market shares (volume). Improving pricing practice encompasses several dimensions: \n– Technical: is our pricing adequate to cover the underlying cost of risk of my policyholders and the other costs we are facing? Which are the key variables driving the risk? Are they adequately taken into account in our pricing? What’s the impact of the claims history of my policyholder on its expected risk? In which segment are we profitable and in which are we not profitable?\n– Competition: at what price will we attract the segments that we target and price out those that we do not want? Is the positioning of our competitors influencing our pricing practice and our profitability? What’s my position with respect to my competitors in terms of pricing? What are the segments in which I am well positioned and the segments where I am not well positioned?\n– Elasticity: what price (evolution) are our existing customers prepared to accept? Does the sensitivity to price evolution depend on the profile of my customer?\nSegmentation: is our segmentation granular enough for our purposes? \nThe aim of this web session is to present some advanced actuarial/statistical techniques used in non-life pricing\, competition analysis and profitability analysis. The web session focuses on some practical problems faced by pricing actuaries and product managers and presents some new techniques used in non-life pricing in order to open new perspectives for product development (competition analysis\, profitability analysis\,…). \nAnmeldeschluss: 2025-06-13
URL:https://avoe.at/event/eaa-web-session-non-life-pricing-using-machine-learning-techniques-with-r-applications-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250612T093000
DTEND;TZID=Europe/Vienna:20250612T130000
DTSTAMP:20260415T031043
CREATED:20250212T083223Z
LAST-MODIFIED:20250212T083223Z
UID:10000518-1749720600-1749733200@avoe.at
SUMMARY:EAA Web Session 'Intro to Conformal Prediction & Uncertainty in Actuarial Models'
DESCRIPTION:Quantifying Uncertainty in Actuarial Models: An Introduction to Conformal Prediction\nAs the actuarial landscape becomes increasingly data-driven\, traditional statistical methods are evolving\, linking point estimates with quantifiable uncertainty. Conformal Prediction is a powerful framework used to evaluate the uncertainty of predictions. It turns point predictions into prediction regions\, in this way\, when you make a prediction\, the output has probabilistic guarantees that it covers the true outcome. In this web session\, we will explore the theoretical foundations of Conformal Prediction\, its assumptions\, methodology\, and advantages over traditional approaches. Participants will see how this technique can be a disruptive innovation in risk assessment\, pricing\, reserving\, and forecasting by integrating uncertainty directly into predictions. The session is balanced between theory and hands-on activities\, offering real-world examples and code demonstrations in classification\, regression\, time series\, natural language processing (NLP)\, and computer vision\, all applied to challenges in the actuarial field. \nThe web session aims to equip actuarial professionals with the knowledge and skills behind Conformal Prediction\, improving the reliability and interpretability of their predictive models. By the end of the course\, participants will understand how to apply conformal methods to various types of data and leverage these techniques to improve decision-making processes in actuarial tasks.\nAnmeldeschluss: 2025-06-11\nLink: https://actuarial-academy.com/seminars/seminar?No=E0508
URL:https://avoe.at/event/eaa-web-session-intro-to-conformal-prediction-uncertainty-in-actuarial-models/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250605T084500
DTEND;TZID=Europe/Vienna:20250605T151500
DTSTAMP:20260415T031043
CREATED:20250115T200529Z
LAST-MODIFIED:20250115T200529Z
UID:10000507-1749113100-1749136500@avoe.at
SUMMARY:EAA Seminar 'Python for Actuaries' in Vienna
DESCRIPTION:The purpose of this seminar is to equip actuaries with practical Python skills that they can apply directly to their professional work. Python offers powerful tools for data analysis\, visualization\, and machine learning\, making it an invaluable asset in modern actuarial tasks. \nThe seminar is structured to provide a mix of interactive learning methods. We will use Python notebooks to combine theoretical teaching with hands-on programming exercises. Participants will not only receive direct instruction but also engage in self-guided practice and group exercises\, ensuring a deeper understanding of the material.\nAnmeldeschluss: 2025-06-02
URL:https://avoe.at/event/eaa-seminar-python-for-actuaries-in-vienna/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20250605
DTEND;VALUE=DATE:20250607
DTSTAMP:20260415T031043
CREATED:20241209T073625Z
LAST-MODIFIED:20241209T073625Z
UID:10000500-1749081600-1749254399@avoe.at
SUMMARY:Save the Date: Python for Actuaries
DESCRIPTION:
URL:https://avoe.at/event/save-the-date-python-for-actuaries/
LOCATION:Jufa Hotel\, Mautner-Markhof-Gasse 50 1110 Wien\, Wien\, Wien\, 1110\, Austria
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250602T100000
DTEND;TZID=Europe/Vienna:20250602T120000
DTSTAMP:20260415T031043
CREATED:20250115T195645Z
LAST-MODIFIED:20250115T195645Z
UID:10000505-1748858400-1748865600@avoe.at
SUMMARY:AA Web Session 'IDD and POG Requirements from an Actuarial Perspective'
DESCRIPTION:While the Insurance Distribution Directive (IDD) has been in force in each EU member state since 2018 at the latest\, its implementation has only become the focus of supervisory authorities in the last two years. Of particular importance are the requirements for the product approval process according to Article 25 IDD in connection with the Delegated Regulation on product oversight and governance requirements (POG). Specifically\, this relates to requirements for the development and distribution of new products and significant adaptations of existing insurance products. The requirements serve to effectively protect consumers and are part of the business organization of insurance undertakings. Depending on the nature of the insurance product and the risk of consumer detriment related to it\, the product approval process essentially includes…\nAnmeldeschluss: 2025-05-29
URL:https://avoe.at/event/aa-web-session-idd-and-pog-requirements-from-an-actuarial-perspective/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250527T090000
DTEND;TZID=Europe/Vienna:20250528T123000
DTSTAMP:20260415T031043
CREATED:20250115T200704Z
LAST-MODIFIED:20250115T200704Z
UID:10000508-1748336400-1748435400@avoe.at
SUMMARY:EAA Web Session 'Explainable AI for Actuaries: Concepts\, Techniques\, and Case Studies'
DESCRIPTION:By the end of the web session\, participants will leave with a toolkit of explainability techniques\, an in-depth understanding of model interpretability\, and the ability to use XAI approaches in practical actuarial applications. \nParticipants will also understand mathematical principles behind key XAI techniques\, evaluate the strengths and limitations of XAI methods\, run a machine learning workflow that incorporates XAI techniques\, and analyse and interpret results in the context of actuarial cases.\nAnmeldeschluss: 2025-05-26
URL:https://avoe.at/event/eaa-web-session-explainable-ai-for-actuaries-concepts-techniques-and-case-studies-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250519T090000
DTEND;TZID=Europe/Vienna:20250520T150000
DTSTAMP:20260415T031043
CREATED:20250121T192208Z
LAST-MODIFIED:20250121T192208Z
UID:10000517-1747645200-1747753200@avoe.at
SUMMARY:EAA Seminar 'Climate Days 6.0: Climate Change and the European Insurance Industry – Evolving Approaches to Risk Quantification'
DESCRIPTION:While the actuarial community develops new ways to measure the economic impact of the risk posed by climate change\, it is exceedingly important for actuaries to gain an understanding of how to use climate data\, how to bridge the gap between climate models and actuarial projection models and how to produce relevant KPIs. Additionally\, how actuaries can leverage new technologies to make more sense of available data in insurance to develop strategies to adapt to the risks posed by climate change. \nAnmeldeschluss: 2025-05-12\nLink: https://actuarial-academy.com/seminars/seminar?No=E0485
URL:https://avoe.at/event/eaa-seminar-climate-days-6-0-climate-change-and-the-european-insurance-industry-evolving-approaches-to-risk-quantification/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250514T093000
DTEND;TZID=Europe/Vienna:20250514T170000
DTSTAMP:20260415T031043
CREATED:20250116T091525Z
LAST-MODIFIED:20250116T091525Z
UID:10000514-1747215000-1747242000@avoe.at
SUMMARY:EAA e-Conference on Data Science & Data Ethics
DESCRIPTION:The EAA e-Conference on ‚Data Science & Data Ethics‘ is back for its 6th edition on 14 May 2025\, and we’re opening the Call for Speakers! This fully online event will bring together actuaries and data science professionals from across Europe to explore cutting-edge developments. \n🎤 Want to present your insights?\nWe are seeking experts and professionals to share current solutions to technical problems\, share best practices and personal insights to an international audience. You can find topics that are open for submission and detailed submission guidelines can be found on our conference website: https://actuarial-academy.com/seminars/conference \n📝 Submission deadline: 20 January 2025
URL:https://avoe.at/event/eaa-e-conference-on-data-science-data-ethics-5/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250512T090000
DTEND;TZID=Europe/Vienna:20250512T121500
DTSTAMP:20260415T031043
CREATED:20240816T132129Z
LAST-MODIFIED:20240816T132129Z
UID:10000454-1747040400-1747052100@avoe.at
SUMMARY:EAA Web Session 'How to Read the IFRS Balance Sheet for Insurers'
DESCRIPTION:The goal of this three-hour web session is to provide participants with a comprehensive introduction on the IFRS reporting requirements for insurance contracts after go-live of IFRS 17. Focus will be the illustration of the reporting requirements of IFRS 17 to “demystify” the new presentation requirements on the IFRS balance sheet and the statement(s) of financial performance (Profit and Loss as well as Other Comprehensive Income). The web session will also briefly compare key aspects of the reporting requirements to former IFRS 4-reporting practice\, contain a brief summary of the main information which can be found within the IFRS 17 reporting and cover the different aspects for primary and reinsurance related business. \nOverall\, the goal is to enable participants to understand the IFRS 17 reporting and help transferring the reporting requirements into the specific situation of the participant. It is thus intended to prepare participants for analysing\, testing\, reviewing\, and consulting with management\, accounting\, and auditors.\nAnmeldeschluss: 2025-05-15\nLink: https://actuarial-academy.com/seminars/seminar?No=E0482
URL:https://avoe.at/event/eaa-web-session-how-to-read-the-ifrs-balance-sheet-for-insurers/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250508T090000
DTEND;TZID=Europe/Vienna:20250508T163000
DTSTAMP:20260415T031043
CREATED:20250115T200111Z
LAST-MODIFIED:20250115T200111Z
UID:10000506-1746694800-1746721800@avoe.at
SUMMARY:AA Web Session 'Understanding IFRS 17'
DESCRIPTION:In 2017\, after more than two decades of debates\, outreach and Exposure Drafts\, the IASB finally published the new IFRS 17 standard for Insurance Contracts. After additional three years of further debates on several actuarial and accounting-related aspects of the implementation\, the IASB issued amendments to IFRS 17 on 25 June 2020\, which included a postponed effective date of IFRS 17 by two years to allow for an orderly adoption and at the same time to enable more insurers to implement the new IFRS 17. The new standard is now effective since 1 January 2023 and changed fundamentally the way insurance companies present their obligations and their financial performance stemming from insurance contracts according to IFRS. \nAs evolving experience shows\, actuaries play a key role in this area. The standard requires many fundamental decisions\, which determines the amount and profile of IFRS results for years to come. Complex measurement models have been developed and the collaboration and communication with accounting functions has become more intense and more complex. Actuaries need to explain the actuarial valuation output as well as the impact of applied accounting decisions and the corresponding consequences for the financial statements to their top-management. \nAccordingly\, a strong focus of this web session lies on the accounting framework in which actuaries operate. It addresses the specifics of all relevant insurance lines of business and highlights key conceptual topics and options the standard offers for implementation. It will also address the impact on transition\, which will often affect the financial statements for years to come. The web session will be useful for both finance and actuarial experts involved in IFRS 17 implementation or simply interested in the practical application of this ground-breaking new standard.\nAnmeldeschluss: 2025-05-06
URL:https://avoe.at/event/aa-web-session-understanding-ifrs-17/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250507T100000
DTEND;TZID=Europe/Vienna:20250507T120000
DTSTAMP:20260415T031043
CREATED:20250115T194248Z
LAST-MODIFIED:20250115T194248Z
UID:10000502-1746612000-1746619200@avoe.at
SUMMARY:EAA Web Session 'GenAI Beyond the Basics: Advanced Concepts for Actuaries'
DESCRIPTION:Generative AI (GenAI) tools\, such as ChatGPT\, are rapidly reshaping the way actuaries approach problem-solving\, analysis\, and communication. Beyond their familiar web-based interfaces\, these tools offer powerful functionalities through programmatic integration\, which allows users to directly access and interact with the underlying Large Language Models (LLMs) via APIs (Application Programming Interfaces). Unlike standard web-based interactions\, API access enables actuaries to seamlessly integrate GenAI into their existing workflows. Furthermore\, it supports scalable usage\, where multiple requests can be processed simultaneously or sequentially\, allowing for more efficient handling of large volumes. In this two-hour web session\, participants will experience interactive live demonstrations\, where advanced GenAI concepts are presented and applied to real actuarial use cases. \nAfter introducing the basics of applying GenAI through APIs\, we will explore the following advanced GenAI concepts: \nFine-Tuning: Customizing pre-trained LLMs with domain-specific data to improve accuracy and relevance in generating responses.\nRetrieval-Augmented Generation (RAG): Combining LLMs with external data sources to produce contextually enriched and up-to-date outputs.\nFunction Calling: Enabling LLMs to execute predefined operations\, such as calculations or database queries\, by invoking specific functions in the underlying programming language.\nStructured Outputs: Generating responses in predefined formats\, such as JSON or tabular data\, to ensure consistency and integration with other systems or processes.\nFor each concept\, the session will present its purpose\, principles\, and functionality\, accompanied by a relevant actuarial use case to illustrate its practical application. The session will conclude with an outlook on future developments\, followed by a space for questions and open discussion.\nAnmeldeschluss: 2025-05-05
URL:https://avoe.at/event/eaa-web-session-genai-beyond-the-basics-advanced-concepts-for-actuaries/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250407T090000
DTEND;TZID=Europe/Vienna:20250410T123000
DTSTAMP:20260415T031043
CREATED:20250116T083600Z
LAST-MODIFIED:20250205T144621Z
UID:10000512-1744016400-1744288200@avoe.at
SUMMARY:EAA Web Session 'Non-Life Pricing Using Statistical Techniques with R Applications'
DESCRIPTION:The aim of this web session is to present some advanced actuarial/statistical techniques used in non-life pricing or underwriting. The web session focuses on selected practical problems faced by pricing actuaries and product managers.\nAnmeldeschluss: 2025-02-13
URL:https://avoe.at/event/eaa-web-session-non-life-pricing-using-statistical-techniques-with-r-applications-4/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250403T084500
DTEND;TZID=Europe/Vienna:20250404T170000
DTSTAMP:20260415T031043
CREATED:20250116T085742Z
LAST-MODIFIED:20250116T085742Z
UID:10000513-1743669900-1743786000@avoe.at
SUMMARY:EAA Seminar in Athens 'Understanding the Performance of an Insurance Company'
DESCRIPTION:Due to the inversion of the production cycle\, the insurance business is very different from other traditional industries. Understanding\, measuring and managing the performance of insurance companies is difficult due to the specific risks insurance companies must cover. It is therefore essential that you\, as employee of the insurance sector\, understand how your company is functioning\, how its activity is measured via the balance sheet and the P&L\, what are the main regulations influencing this measure\, which indicators are used to assess the performance and what levers can improve this performance. \nThe aim of this workshop is to:\n– Present the functioning of an insurance company and the insurance and financial products it manages\n– Explain how to read and understand the different elements of an insurance balance sheet and P&L\, in local GAAP and in IFRS\n– Compute performance indicators used in different regulatory frameworks (Local GAAP\, IFRS and Solvency 2)\n– Understand the impact of risk mitigation (reinsurance) and ALM on the performance \nWe will cover life as well as non-life insurance. Health insurance will not be specifically covered.\nAnmeldeschluss: 2025-03-31
URL:https://avoe.at/event/eaa-seminar-in-athens-understanding-the-performance-of-an-insurance-company/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20250401T090000
DTEND;TZID=Europe/Vienna:20250402T173000
DTSTAMP:20260415T031043
CREATED:20241118T112219Z
LAST-MODIFIED:20241118T112219Z
UID:10000494-1743498000-1743615000@avoe.at
SUMMARY:EAA Web Session 'CERA\, Module D: ERM – Economic Capital'
DESCRIPTION:CERA Education \nThe European Actuarial Academy is one of the main providers of actuarial education – especially when it comes to Enterprise Risk Management (ERM). The concept of ERM has gained significant momentum in the insurance industry and beyond. \nWe offer a series of four training courses and exams (through DAV) to all actuaries who want to deepen their knowledge in Enterprise Risk Management and gain the international ERM-credential CERA. The defining characteristics of the CERA-credential as offered by the European Actuarial Academy are: \n– Provides the most comprehensive and rigorous training in ERM\n– Is a fast-growing globally-recognised credential\n– Combines a range of business and professional skills with the mathematics of finance and risk\n– Equips risk management professionals to empower better business decisions and more profitable business development\n– Has a wide range of applications in insurance and finance\, and well beyond\n– Is supported by actuarial associations worldwide\n– Is recognised and transferable internationally\n– Has a rigorous and advanced curriculum underpinned by actuarial science\, with an emphasis on ERM and professionalism\n– Offers career choices outside the traditional actuarial markets\n– The Web Session ‘ERM – Economic Capital’ \nThe present training is concerned with the question of economic capital in corporate management. \nKey aspects are: \n– economic valuation and performance\n– economic steering\n– key performance indicators\n– value based management \nA simplified case study for a life insurer shows in a nutshell the central aspects of corporate management in practice. The course consists of lectures and workshops. Participants are encouraged to bring their own topics to discussion.\nAnmeldeschluss: 2025-03-28
URL:https://avoe.at/event/eaa-web-session-cera-module-d-erm-economic-capital-4/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
END:VCALENDAR