BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ) - ECPv6.15.19//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
X-ORIGINAL-URL:https://avoe.at
X-WR-CALDESC:Veranstaltungen für AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Europe/Vienna
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20230326T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20231029T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20240331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20241027T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20250330T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20251026T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241212T090000
DTEND;TZID=Europe/Vienna:20241212T121500
DTSTAMP:20260408T221034
CREATED:20240226T195425Z
LAST-MODIFIED:20240226T200215Z
UID:10000415-1733994000-1734005700@avoe.at
SUMMARY:EAA Web Session 'Stochastic Projection Models in Life Insurance'
DESCRIPTION:This web session provides an overview of three conceptually different approaches for stochastic life insurance projection models currently observable in the market. It compares their key ideas\, explains their strengths & challenges\, and introduces the underlying mathematical / actuarial methodologies. Concerning the application of the comparably little-known Liability-2-Step approach\, the session will present the operational experience of an Austrian insurance company. Although the comparison of the modelling approaches will mainly be conducted from the viewpoint of Solvency II reporting\, the session will also discuss their applicability as basis for the integration of external financial reporting with internal planning and performance management. \nAnmeldeschluss: 2024-12-11 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0448
URL:https://avoe.at/event/eaa-web-session-stochastic-projection-models-in-life-insurance-2/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241211T100000
DTEND;TZID=Europe/Vienna:20241211T120000
DTSTAMP:20260408T221034
CREATED:20240816T152744Z
LAST-MODIFIED:20240816T152744Z
UID:10000467-1733911200-1733918400@avoe.at
SUMMARY:EAA Web Session 'SCR Interest under Solvency II'
DESCRIPTION:This session aims at explaining the evolution of the interest rate capital requirement under the current formula versus the new formula following the SII review\, how the deficiencies have been addressed and the remaining issues in an inflationary environment. The purpose is to explain how the current SCR interest has been calibrated based on Principal Component Analysis and the need for changes…\nAnmeldeschluss: 2024-12-09\nLink: https://actuarial-academy.com/seminars/seminar?No=E0477
URL:https://avoe.at/event/eaa-web-session-scr-interest-under-solvency-ii-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241210T100000
DTEND;TZID=Europe/Vienna:20241210T120000
DTSTAMP:20260408T221034
CREATED:20240611T074443Z
LAST-MODIFIED:20240611T074443Z
UID:10000449-1733824800-1733832000@avoe.at
SUMMARY:EAA Web Session Inflation Risk Management
DESCRIPTION:Over the last five years many countries have seen substantial swings in inflation. This volatility\, following an extended period of relative stability\, has reminded actuaries that unexpected changes in inflation rates can have big implications for organisations that they work for. \nInsurers and pension funds wanting to manage inflation risks will typically find it beneficial to approach this task from a range of perspectives. They will likely want to explore recent as well as more historic inflation experiences and the roles played by different actors as well as by broader social and economic trends. They may also want to draw on stylised descriptions of how inflation might be expected to impact assets and liabilities. They then should bear in mind that actual behaviours of many assets and liabilities in past inflationary and deflationary periods have often only loosely corresponded to such stylised descriptions. \nRisk management is\, of course\, ultimately more about seeking to optimise what happens in the future rather than about explaining what went on in the past. So\, in this web session we will introduce the contexts referred to above and we will also explore approaches that can be used by insurers to model\, manage and hedge risks arising from unexpected changes in inflation rates. In some cases\, the inflationary link may be explicit (e.g. if claims include direct inflation indexation clauses). In other cases\, the link may be less precise or more indirect\, but these risks may still need highlighting and exploring if risk management is to be successful.\nAnmeldeschluss: 2024-12-08\nLink: https://actuarial-academy.com/seminars/seminar?No=E0464
URL:https://avoe.at/event/eaa-web-session-inflation-risk-management/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241205T090000
DTEND;TZID=Europe/Vienna:20241205T123000
DTSTAMP:20260408T221034
CREATED:20240527T165547Z
LAST-MODIFIED:20240527T165547Z
UID:10000442-1733389200-1733401800@avoe.at
SUMMARY:EAA Web Session 'Life Biometric Assumptions: Bringing Together New & Classic Methods'
DESCRIPTION:Advances in data analytics techniques\, along with greater availability of data\, have significantly impacted many industries. However\, in insurance\, these advances merely add to the technical foundations upon which the industry was built. It is only recently that modern data analytics techniques have begun to impact insurance companies\, especially in the work actuaries do. \nThe impact has been even slower to emerge in the life insurance sector where\, due to the nature of the business\, there is significantly less claims and exposure data available compared to non-life insurance. As a result\, classic data analytics techniques and data sources are still key to the work actuaries do\, especially when developing biometric assumptions. However\, given the important role biometric assumptions play in the success of a company\, it is important to understand how and if these new techniques should be applied. \nTo help make sense of the evolving landscape\, this web session looks at the various components of life biometric assumptions (e.g. mortality tables\, adjustment factors\, improvement factors\, etc.). For each component the potential sources of internal and external data will be explored. From there the value of classic data analytics techniques\, particularly credibility theory\, will be discussed\, as well as modern techniques\, such as machine learning. All of this will be brought together to give an understanding of the benefits\, drawbacks\, and pitfalls of the various data sources and analytics techniques\, including considerations for data privacy and discrimination. The participants can then use this knowledge to effectively gain the benefits from each based on the quality and quantity of data available within their company and its market.\nAnmeldeschluss: 2024-12-03\nLink: https://actuarial-academy.com/seminars/seminar?No=E0455
URL:https://avoe.at/event/eaa-web-session-life-biometric-assumptions-bringing-together-new-classic-methods/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241202T090000
DTEND;TZID=Europe/Vienna:20241203T154500
DTSTAMP:20260408T221034
CREATED:20240412T182717Z
LAST-MODIFIED:20240412T182717Z
UID:10000428-1733130000-1733240700@avoe.at
SUMMARY:EAA Web Session 'CERA\, Module 0: A Refresher Course in Financial Mathematics and Risk Measurement'
DESCRIPTION:The 1.5 day web session serves a double purpose. On the one hand\, it is a bridging course designed to prepare actuaries with a more qualitative background for the quantitative parts of the CERA education. On the other hand\, it is an independent refresher course for actuaries wanting to brush up their quantitative skills in the fields of financial mathematics. \nAnmeldeschluss: 2024-12-01
URL:https://avoe.at/event/eaa-web-session-cera-module-0-a-refresher-course-in-financial-mathematics-and-risk-measurement-3/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241128T090000
DTEND;TZID=Europe/Vienna:20241129T170000
DTSTAMP:20260408T221034
CREATED:20240116T180754Z
LAST-MODIFIED:20240116T180754Z
UID:10000408-1732784400-1732899600@avoe.at
SUMMARY:EAA Web Session 'Mathematical Modelling for Actuaries'
DESCRIPTION:The purpose of the online training is to open the mind for problems which are by nature not actuarial but are very much linked to typical actuarial questions. It should enable actuaries and risk managers to think out of the box and find new ways to solve their challenges. \n  \nThis web session is very interactive\, participants are required to participate in several break-out sessions. \nAnmeldeschluss: 2024-11-27 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0438
URL:https://avoe.at/event/eaa-web-session-mathematical-modelling-for-actuaries-4/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241127T100000
DTEND;TZID=Europe/Vienna:20241127T120000
DTSTAMP:20260408T221034
CREATED:20240226T192108Z
LAST-MODIFIED:20240226T192108Z
UID:10000414-1732701600-1732708800@avoe.at
SUMMARY:EAA Web Session 'Calculation of Life Insurance Products by Means of Markov Chains'
DESCRIPTION:The calculation of life insurance products is traditionally based on the approach of commutation values\, whose table properties enable extensive actuarial calculations even without large computer capacities. However\, especially for modern and more flexible life insurance tariffs\, the calculation by means of commutation values reaches its limits\, so that the calculation approach based on Markov chains is gaining in importance and has been used for some time in the mathematical cores of new portfolio administration systems. \n  \nThis web session will provide an insight into the calculation of common life insurance products using the Markov approach. For this purpose\, first an overview of the best-selling life insurance products in some European countries and their classic calculation will be given. In the following\, the principle of Markov chains is explained and a model for calculating actuarial values is derived. \n  \nFinally\, the online training also addresses problems that can arise when migrating from classically calculated portfolios to systems with the Markov approach. \nAnmeldeschluss: 2024-11-25 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0447
URL:https://avoe.at/event/eaa-web-session-calculation-of-life-insurance-products-by-means-of-markov-chains-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241125T093000
DTEND;TZID=Europe/Vienna:20241125T150000
DTSTAMP:20260408T221034
CREATED:20240527T164901Z
LAST-MODIFIED:20240527T164901Z
UID:10000440-1732527000-1732546800@avoe.at
SUMMARY:EAA Web Session 'Storytelling for Actuaries'
DESCRIPTION:Through engaging lectures\, interactive exercises\, and real-world examples\, participants will learn the fundamentals of storytelling: transforming data into stories\, adapting to the audience and developing their own storytelling. \nBy the end of this course\, participants will emerge with a newfound appreciation for the narrative dimension of their work\, equipped with practical tools to convey insights\, drive decision-making\, and inspire action through the power of storytelling.\nAnmeldeschluss: 2024-11-24\nLink: https://actuarial-academy.com/seminars/seminar?No=E0456
URL:https://avoe.at/event/eaa-web-session-storytelling-for-actuaries/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241121T100000
DTEND;TZID=Europe/Vienna:20241122T120000
DTSTAMP:20260408T221034
CREATED:20240405T111929Z
LAST-MODIFIED:20240405T112222Z
UID:10000427-1732183200-1732276800@avoe.at
SUMMARY:EAA Web Session 'Cyber Risk and Insurance'
DESCRIPTION:Kurzbeschreibung: In modern economy\, cyber risk has become a major challenge across many industries. As every prevention measure is limited\, there is an increasing need for cyber insurance. In the last years\, there was a strong evolution of cyber insurance. \n  \nIn this session\, the impact of cyber risk on various steps of the value chain is analysed\, including (but not limited to) modelling and risk management. The focus of this session is to provide a hands-on approach to actuarial challenges within cyber insurance and to highlight practical solutions. There will be discussions and group interaction\, we would appreciate participants willing to actively contribute and therefore recommend to prepare for the agenda items. \nAnmeldeschluss: 2024-11-20 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0454
URL:https://avoe.at/event/eaa-web-session-cyber-risk-and-insurance/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241120T100000
DTEND;TZID=Europe/Vienna:20241120T120000
DTSTAMP:20260408T221034
CREATED:20240524T113142Z
LAST-MODIFIED:20240524T113142Z
UID:10000434-1732096800-1732104000@avoe.at
SUMMARY:EAA Web Session 'IFRS 17 Risk Adjustment: Practical Approaches & Lessons Learned'
DESCRIPTION:The session aims to provide participants with a comprehensive introduction regarding the risk adjustment concept under IFRS 17. We will shed light on the general concepts behind risk adjustment and its application within IFRS 17 and illustrate the importance of risk adjustment in measuring\, presenting\, and disclosing insurance contracts. \nThe online training will also provide insights into the most commonly used practical methodical concepts. Practical examples and case studies will be used to illustrate the application of risk adjustment within the IFRS 17 framework. \nIn addition\, insights into emerging market views will be shared\, and participants will have the opportunity to discuss these topics. Challenges and considerations specific to the European markets will also be discussed. \nBy formulating the points in this way\, participants will gain a clear understanding of the objectives of the training and how it will assist them in navigating the complexities of risk adjustment within the IFRS 17 framework.\nAnmeldeschluss: 2024-11-19
URL:https://avoe.at/event/eaa-web-session-ifrs-17-risk-adjustment-practical-approaches-lessons-learned/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241114T090000
DTEND;TZID=Europe/Vienna:20241115T150000
DTSTAMP:20260408T221034
CREATED:20240107T161911Z
LAST-MODIFIED:20240107T161911Z
UID:10000394-1731574800-1731682800@avoe.at
SUMMARY:EAA Web Session 'Hands-on Adaptive Learning of GLMs for Risk Modelling in R'
DESCRIPTION:The purpose of this web session is twofold: \n  \nFirst\, you will gain an in-depth understanding of the algorithm including its underlying theoretical motivation and its statistical properties. \n  \nSecond\, you will receive a comprehensive executable R programme that implements the algorithm. During the web session we will discuss and apply the code hands-on by means of a case study. You will learn how to run the algorithm for different settings and data. After the web session\, you will have an R programme to add to your actuarial toolbox\, which you can easily apply to own data and extend or modify according to your needs. \nAnmeldeschluss: 2024-11-13
URL:https://avoe.at/event/eaa-web-session-hands-on-adaptive-learning-of-glms-for-risk-modelling-in-r-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241113T100000
DTEND;TZID=Europe/Vienna:20241113T120000
DTSTAMP:20260408T221034
CREATED:20240321T152210Z
LAST-MODIFIED:20240321T152210Z
UID:10000424-1731492000-1731499200@avoe.at
SUMMARY:EAA Web Session 'Socio-Economic Mortality Curves'
DESCRIPTION:The goal of the session is to clarify the impact of various socio-economic factors on mortality and its impact on the valuation and risk-management of retirement products. At the end of the session people will have a good understanding of1)      Impact of socio-economic status on mortality rates2)      Impact of differences in mortality curves on product valuations3)      Adjusting mortality models to take socio-economic factors into account. \nAnmeldeschluss: 2024-11-12
URL:https://avoe.at/event/eaa-web-session-socio-economic-mortality-curves-3/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241112T090000
DTEND;TZID=Europe/Vienna:20241112T133000
DTSTAMP:20260408T221034
CREATED:20240527T163552Z
LAST-MODIFIED:20240527T163552Z
UID:10000437-1731402000-1731418200@avoe.at
SUMMARY:EAA Web Session 'Artificial Intelligence Act: The Insurance Fallout'
DESCRIPTION:Kurzbeschreibung: The purpose of this session is to introduce the relevant aspects of regulation\, timelines and consequences with respect to the actuarial practice. Starting from the study of relevant articles of the AI Act draft\, we will develop an understanding of the impending consequences and likely interpretations of the legal framework. The seminar is structured as follows: \n1. Contents and objects of regulation\n2. Actuarial relevance\n3. Example cases\n4. Implementation advice\n5. Outlook and discussion \nKindly take note: This session is intended as information seminar; no legal counselling will take place.\nAnmeldeschluss: 2024-11-11\nLink: https://actuarial-academy.com/seminars/seminar?No=E0460
URL:https://avoe.at/event/eaa-web-session-artificial-intelligence-act-the-insurance-fallout-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241106T080000
DTEND;TZID=Europe/Vienna:20241107T170000
DTSTAMP:20260408T221034
CREATED:20240219T200806Z
LAST-MODIFIED:20240219T200806Z
UID:10000411-1730880000-1730998800@avoe.at
SUMMARY:EAA Web Session 'Emerging Risks: Statistical Analysis and Scenario Building'
DESCRIPTION:In a context of widespread instability\, the actuarial analysis of emerging risks takes on particular importance to facilitate the adaptation of insurance to these profound changes. Whether it be old risks with poorly anticipated consequences (such as the epidemiological risk\, as demonstrated by the recent Covid-19 crisis\, whose consequences can significantly exceed purely healthcare boundaries)\, risks undergoing strong and worrying evolution (such as climate risk)\, or more recent risks (such as cyber risk)\, the task of actuaries is particularly delicate. The lack of data is notably a hindrance to a rigorous approach to these important questions. This session aims to lay the groundwork for a scientific approach to this problem and to introduce some tools for discussing the insurability of these new risks. \nAnmeldeschluss: 2024-11-04 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0445
URL:https://avoe.at/event/eaa-web-session-emerging-risks-statistical-analysis-and-scenario-building/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241105T100000
DTEND;TZID=Europe/Vienna:20241105T121500
DTSTAMP:20260408T221034
CREATED:20240527T165239Z
LAST-MODIFIED:20240527T165239Z
UID:10000441-1730800800-1730808900@avoe.at
SUMMARY:EAA Web Session 'Predictive Modelling in the Insurance Sector'
DESCRIPTION:Predictive modeling is a process used to forecast future outcomes or behaviours based on historical data and patterns. By building mathematical models that analyse past data predictive modelling aims to uncover relationships between different variables in a dataset and use those relationships to make predictions about new observations. \nOverall\, these methods complement the traditional actuarial vision in the insurance sector by providing insurers with advanced analytical tools and techniques to improve risk assessment\, underwriting\, pricing\, and fraud detection processes\, ultimately leading to better decision-making and more profitable business outcomes. \nDuring the session\, we will provide an overview of how predictive modelling works and highlight some of its applications in the insurance sector. This will be followed by a demonstration of a use case where these models were used to assist in pricing a motor book. We will walk through the process from cleaning and processing data\, to analysing and fitting the model\, and finally\, to finding insights and understanding the outputs. Additionally\, we will cover ideas on how to use those outputs to create a pricing guide for policies.\nAnmeldeschluss: 2024-11-03\nLink: https://actuarial-academy.com/seminars/seminar?No=E0458
URL:https://avoe.at/event/eaa-web-session-predictive-modelling-in-the-insurance-sector/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241104T090000
DTEND;TZID=Europe/Vienna:20241104T121500
DTSTAMP:20260408T221034
CREATED:20240321T150906Z
LAST-MODIFIED:20240321T151928Z
UID:10000423-1730710800-1730722500@avoe.at
SUMMARY:EAA Web Session 'System Migrations of Life Insurance Contracts: DON’T JUST MIGRATE'
DESCRIPTION:During the seminar\, the aforementioned will be concretely illustrated based on a migration of a very diverse classic life insurance portfolio (with guaranteed life and/or death performance in various combinations). On the one hand\, we will go over the different steps (actuarial and non-actuarial- in a migration project and on the other hand\, we will demonstrate how this portfolio can a) be migrated to a modern generic cash-flow-driven management platform (universal life + unit linked)\, and b) at the same time the life insurance policies can also be renewed. During the seminar participants will understand that the underlying renewal is fundamental to make the migration a real success: both for the insurer and for the policyholders and beneficiaries.Although the aforementioned will be illustrated from Belgian practice\, we believe that this innovative migration strategy is useful\, relevant and innovative in many other countries. \nAnmeldeschluss: 2024-11-03
URL:https://avoe.at/event/eaa-web-session-system-migrations-of-life-insurance-contracts-dont-just-migrate-2/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241028T093000
DTEND;TZID=Europe/Vienna:20241031T130000
DTSTAMP:20260408T221034
CREATED:20240219T201912Z
LAST-MODIFIED:20240219T201912Z
UID:10000413-1730107800-1730379600@avoe.at
SUMMARY:EAA Web Session 'Communication for Actuaries'
DESCRIPTION:The Communication for Actuaries course is tailor-made for actuaries and the situations that you encounter. It is an interactive training course that ensures that the theory is immediately applied through various exercises (e.g. exchanges in small groups\, role-plays\, discussions) that relate to terms or situations of your day-to-day work. \n  \nThe course is designed to give you a solid foundation on the topic of communication and to practice what you learn so you can use the gained knowledge and confidence in areas that are relevant for your work. The last day offers you the opportunity to make a short presentation specific to your work for which you will be given individual feedback. At the end of the course\, you will know exactly how to tackle your next communication challenge. \n  \nThe overall 12-hour course covers specific topics like: \n\nCommunication patterns/models\, types of behavior/learning\nVerbal\, non-verbal and written communication skills\nVirtual communication\nPresentation (as if “on stage“ and “on screen”) skills\nDiscussion & Negotiation\n\n  \nDuring the web session\, the participants will learn to: \n\nCommunicate effectively a clear message to any stakeholder\nMake sure that the message is being understood (Make the „complicated“ „easy-to–understand“ to non-actuaries)\nStructure their thoughts and findings in an effective way\nRecognize which patterns/words can have the best impact for which target group\nPractice in writing\, in role plays and in presenting\nParticipate/lead discussions and negotiations effectively\nUse their voice in a healthy and stable way\nIncrease the chance of achieving their objectives with their work\nCome across as credible\, confident and constructive business partners\n\n  \nMaximum of 20 participants. \nAnmeldeschluss: 2024-10-27 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0444
URL:https://avoe.at/event/eaa-web-session-communication-for-actuaries-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241024T090000
DTEND;TZID=Europe/Vienna:20241025T143000
DTSTAMP:20260408T221034
CREATED:20240405T103729Z
LAST-MODIFIED:20240405T125151Z
UID:10000426-1729760400-1729866600@avoe.at
SUMMARY:EAA Web Session 'LLM Principles and Case Studies for Insurance'
DESCRIPTION:This workshop is designed to provide a comprehensive introduction and hands-on experience with Large Language Models (LLMs)\, covering their theoretical underpinnings\, practical applications\, and the broader ecosystem in which they operate. \nParticipants will embark on a journey from understanding the basics of what LLMs are\, including an overview\, specifications\, evaluations\, and their pros and cons\, to mastering how to effectively utilize them through various techniques such as prompting\, and fine-tuning strategies. \nA dedicated part will focus on strategic implementation\, featuring case studies and real-world challenges to equip attendees with the knowledge to initiate their own projects or integrate LLMs into existing workflows. \nBy the end of the workshop\, participants will have a solid foundation in the operational and strategic aspects of LLMs\, enabling them to harness these powerful tools for a wide range of applications in insurance and risk management. \nAnmeldeschluss: 2024-10-23 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0442 \n—
URL:https://avoe.at/event/https-actuarial-academy-com-seminars-seminarnoe0442/
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241023T100000
DTEND;TZID=Europe/Vienna:20241023T120000
DTSTAMP:20260408T221034
CREATED:20240524T115146Z
LAST-MODIFIED:20240527T163852Z
UID:10000435-1729677600-1729684800@avoe.at
SUMMARY:EAA Web Session 'Cancer Survivors' Right to be Forgotten'
DESCRIPTION:This web session aims to give an overview and a deeper understanding of the cancer survivors‘ Right to be Forgotten (RTBF) and its current development inside and outside Europe. We will discuss the different parameters of RTBF\, such as product scope\, disease scope\, minimum remission period (timeline) and others. We will also provide solutions how to estimate the actuarial impact depending on these RTBF parameters. Finally\, its purpose is to help understanding and navigating the most recent developments and implications of RTBF for L&H insurance.\nAnmeldeschluss: 2024-10-22\nLink: https://actuarial-academy.com/seminars/seminar?No=E0466
URL:https://avoe.at/event/eaa-web-session-cancer-survivors-right-to-be-forgotten/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241017T090000
DTEND;TZID=Europe/Vienna:20241017T133000
DTSTAMP:20260408T221034
CREATED:20240226T201329Z
LAST-MODIFIED:20240226T201329Z
UID:10000416-1729155600-1729171800@avoe.at
SUMMARY:EAA Web Session 'Introduction to Natural Catastrophe Modelling'
DESCRIPTION:During the web session\, the basic components of a Nat Cat model will be explained: Exposure data\, the hazard\, vulnerabilities\, and the financial model. Additionally\, sources of uncertainty will be discussed together with methods for quantification. After the first part\, we will build our own simple Nat Cat model in a hands-on case study. Lastly\, we will look in more detail at the results a model can produce and how to use them for pricing in the reinsurance context. \nAnmeldeschluss: 2024-10-16 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0440
URL:https://avoe.at/event/eaa-web-session-introduction-to-natural-catastrophe-modelling-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241014T090000
DTEND;TZID=Europe/Vienna:20241016T123000
DTSTAMP:20260408T221034
CREATED:20240116T175639Z
LAST-MODIFIED:20240116T175639Z
UID:10000405-1728896400-1729081800@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. \n  \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. \nThe second part is more advanced and intended for those wishing to gain more in-depth expertise on the topics. \nAnmeldeschluss: 2024-10-10 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0426
URL:https://avoe.at/event/eaa-web-session-assets-and-liabilities-management-part-2-advanced-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241010T093000
DTEND;TZID=Europe/Vienna:20241010T130000
DTSTAMP:20260408T221034
CREATED:20240527T170119Z
LAST-MODIFIED:20240527T170119Z
UID:10000444-1728552600-1728565200@avoe.at
SUMMARY:EAA Web Session 'Strategic Balance Sheet Management (Business Game)'
DESCRIPTION:The goal of the workshop is to teach the participants the impact of the various levers an insurer can pull to manage its capital position and in turn manage its balance sheet towards the requirements of the different viewpoints an insurer has\, i.e. IFRS17\, Solvency II\, Local GAAP and of course an economic asset view.\nWe will start the day by introducing the concept of strategic balance sheet management. Set goals and ambitions to optimize the key performance indicators to which insurance companies manage themselves. We will demonstrate how you can replicate the balance sheet of an insurer in a platform designed to do this. We will then show you tools you can use to alter the capital position of the insurer.\nFrom here we will move onto exercises. We are going to make the game real and create smaller groups. Each group has its own insurer inside its own environment. Each group will be set goals\, to manage towards certain KPI’s. They get their time to confer with their colleagues and present their findings.\nThe ultimate goal is to demonstrate how the activity of one group can differ. We will illuminate how the activity of departments in isolation can influence the balance sheet of the wider insurer and by extension other departments.\nAnmeldeschluss: 2024-10-08\nLink: https://actuarial-academy.com/seminars/seminar?No=E0463
URL:https://avoe.at/event/eaa-web-session-strategic-balance-sheet-management-business-game/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20241009T093000
DTEND;TZID=Europe/Vienna:20241009T130000
DTSTAMP:20260408T221034
CREATED:20240412T183037Z
LAST-MODIFIED:20240412T183037Z
UID:10000429-1728466200-1728478800@avoe.at
SUMMARY:EAA Web Session 'Climate Change Scenarios in Context – A Stress Testing Case Study'
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. Why are physical stresses often so low\, and what can be done about this? What is the impact of the recent surge in fossil fuels on transition risk? What is the role of inflation and interest rates within the scenarios? \nFurthermore\, the scenarios have also substantially evolved over the last years. This has not only substantial implications on results and key messages from stress testing\, but also on how scenarios can be applied for stress testing purposes. \nThis session will have a practical focus around a case study in order to illustrate not only the practical elements of stress testing\, but also discuss challenges and limitations and provide context around the foundations surrounding the scenarios. We will introduce commonly used scenarios\, provide practical guidance on implementation of stress tests\, and discuss key evolutions\, challenges\, and limitations in the interpretation of stress test results. We will conclude with an outlook on how key challenges are expected to be addressed going forward.\nAnmeldeschluss: 2024-10-07
URL:https://avoe.at/event/eaa-web-session-climate-change-scenarios-in-context-a-stress-testing-case-study/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240930T084500
DTEND;TZID=Europe/Vienna:20241001T150000
DTSTAMP:20260408T221034
CREATED:20240412T184429Z
LAST-MODIFIED:20240412T184429Z
UID:10000430-1727685900-1727794800@avoe.at
SUMMARY:EAA Seminar 'Open Source Tools R and Python: Extending the Tool 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 kind 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 their applications\, illustrated in detail by means of a number of hands-on modules\, hereby enabling the actuary to tackle the data science tasks in an elegant manner. \nOpen source tools like R\, Python and more recently Julia have gained a lot of momentum in recent years\, not just in popularity but also in number of contributed code. Their respective communities are nowadays no longer exclusively composed of academic researchers and scientists\, but also of professionals of all sorts of backgrounds\, especially since the industry and corporate world have understood the added value of ‘community driven software’ and started to plug open source tools into their processes and corporate tissue. \nOn top of this\, actuaries are confronted with the same issues as academic researchers and scientists: the production of readable\, shareable and reproducible code and results. In the actuarial community\, R already is a fairly known and used open source language\, Python however a little bit less\, even if it’s also packed with potential and even if it disposes of a vast biosphere of its own. This workshop will also focus on the ’scientific stack‘ of both R and Python and draw some comparisons between both worlds where we will try to show that it’s not a matter of choosing between both ecosystems but of choosing the best of both (continuously evolving) worlds. \nThe goal of this two-day training is to introduce the participants to both open source ecosystems and to get a good understanding of both languages. However\, since both ecosystems are way too vast to be covered in merely two days\, the participants will be asked to go through the basics of both languages themselves\, prior to the seminar. During the first three hours of the seminar\, these basics which will be shortly revised\, but at a higher pace. In this way\, the presenters can focus more on examples and on providing more hands-on experience to the participants. The course material\, containing the basics of both languages\, will be provided by the organizers several weeks before the beginning of the seminar\, such that the participants will have plenty of time to go through the material at her/his ease.\nAnmeldeschluss: 2024-09-24
URL:https://avoe.at/event/eaa-seminar-open-source-tools-r-and-python-extending-the-tool-of-the-actuary/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240919T090000
DTEND;TZID=Europe/Vienna:20240920T123000
DTSTAMP:20260408T221034
CREATED:20240219T201027Z
LAST-MODIFIED:20240219T201027Z
UID:10000412-1726736400-1726835400@avoe.at
SUMMARY:EAA Web Session 'Explainable AI for Actuaries: Concepts\, Techniques\, and Case Studies'
DESCRIPTION:By the end of the seminar\, 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. \n  \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: 2024-10-27 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0443
URL:https://avoe.at/event/eaa-web-session-explainable-ai-for-actuaries-concepts-techniques-and-case-studies/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240916T090000
DTEND;TZID=Europe/Vienna:20240918T123000
DTSTAMP:20260408T221034
CREATED:20240116T175920Z
LAST-MODIFIED:20240116T175920Z
UID:10000406-1726477200-1726662600@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: 2024-09-12 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0425
URL:https://avoe.at/event/eaa-web-session-assets-and-liabilities-management-part-1-introduction/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240912T090000
DTEND;TZID=Europe/Vienna:20240914T170000
DTSTAMP:20260408T221034
CREATED:20240527T164509Z
LAST-MODIFIED:20240527T164509Z
UID:10000438-1726131600-1726333200@avoe.at
SUMMARY:EAA Web Session 'Actuarial Data Science - Advanced'
DESCRIPTION:Based on the building blocks known from Basic\, we want to deepen some topics and present further important topics from the field of Actuarial Data Science. \nIn this three-day training\, we cover a wide range of topics. This includes an advanced introduction to the concepts and terms of artificial intelligence\, modern data management concepts (with a special look at insurance companies)\, aspects of data protection and the mathematical and statistical concepts of data mining. On our way\, we touch different use cases in the actuarial environment. To this end\, we provide a brief insight into the widely used language Python. The training rounds off with principles for the ethical handling of artificial intelligence in the insurance environment.\nAnmeldeschluss: 2024-09-11\nLink: https://actuarial-academy.com/seminars/seminar?No=E0441
URL:https://avoe.at/event/eaa-web-session-actuarial-data-science-advanced-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240909T090000
DTEND;TZID=Europe/Vienna:20240913T153000
DTSTAMP:20260408T221034
CREATED:20240107T161504Z
LAST-MODIFIED:20240816T160859Z
UID:10000393-1725872400-1726241400@avoe.at
SUMMARY:EAA Web Session 'CERA\, Module B: Taxonomy\, Modelling and Mitigation of Risks'
DESCRIPTION: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. \n  \nPlease contact your actuarial association regarding the recognition of the seminars (web sessions) and the exams. The national association has to be at least Acceding Party of the CERA Global Association so that an actuary who passes this course may receive the CERA credential. Please visit www.ceraglobal.org to get information if your association is entitled to issue the CERA designation. \nAnmeldeschluss: 2024-09-08
URL:https://avoe.at/event/eaa-web-session-cera-module-b-taxonomy-modelling-and-mitigation-of-risks/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240627T090000
DTEND;TZID=Europe/Vienna:20240627T130000
DTSTAMP:20260408T221034
CREATED:20240321T123518Z
LAST-MODIFIED:20240321T123518Z
UID:10000422-1719478800-1719493200@avoe.at
SUMMARY:EAA Web Session 'Valuation of Hybrid Financial and Actuarial Risks'
DESCRIPTION:How to valuate future cash flows is a fundamental problem in both finance and actuarial science. (Pricing of financial products\, premium and technical provisions of insurance contracts). However\, traditional ways of valuing actuarial or financial liabilities are quite different. In Finance\, the pricing is based on risk neutral expectations of discounted cash flows\, originally justified by hedging portfolios. In Insurance\, premium calculation principles use a real world best estimate value plus a risk premium\, given for instance by a standard deviation approach and justified by pooling effect of independent contracts. This dichotomy of paradigm is debatable and could encourage us to find a unifying tool. This also becomes a real challenge when it comes to pricing for instance hybrid life insurance or pension products mixing actuarial and financial risks. Different techniques have been recently developed in the actuarial literature in order to address this fundamental valuation problem in a harmonious manner\, in order to remain simultaneously market consistent and actuarial consistent. Another issue when pricing insurance risks is the presence of diversifiable and systematic risks requiring also different risk measurement. Finally\, when the valuation has to be dynamic (for instance technical provisions)\, the time consistency of the method is an additional difficulty.The objective of this web session is to present various recent researches developed in the actuarial literature\, in order to valuate complex cash flows mixing financial and actuarial risks. After an introduction presenting the main challenges\, we develop several approaches recently proposed. All the techniques will be applied to a typical participating life product and numerical illustrations will be given. \nAnmeldeschluss: 2024-06-26
URL:https://avoe.at/event/eaa-web-session-valuation-of-hybrid-financial-and-actuarial-risks/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20240617T080000
DTEND;TZID=Europe/Vienna:20240617T170000
DTSTAMP:20260408T221034
CREATED:20240107T165511Z
LAST-MODIFIED:20240107T165511Z
UID:10000395-1718611200-1718643600@avoe.at
SUMMARY:EAA Web Session 'Climate Day 5.0'
DESCRIPTION:The debate on climate change has rapidly evolved in recent years. It is no longer on whether the evidence of human impact on climate change is real\, but on whether key mitigating strategies being adopted are sufficient. \n  \nFor insurance industry\, climate change manifests itself through a variety of risks on the asset and liability sides of the balance sheet. In our Climate Day 5.0\, we are going to zoom into the following topics: \n  \nHow can we capture the tail dependency between heat and mortality? \nHow climate change impact upon an asset portfolio can be captured in one KPI? \nHow can ESG risks be reflected in the strategy of an insurance company? \nWhat is the impact of climate change on low-income people and what insurers should be doing? \nAnmeldeschluss: 2024-06-13
URL:https://avoe.at/event/eaa-web-session-climate-day-5-0/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
END:VCALENDAR