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BEGIN:VEVENT
DTSTART;TZID=UTC:20220524T090000
DTEND;TZID=UTC:20220524T123000
DTSTAMP:20260519T152038
CREATED:20220221T120249Z
LAST-MODIFIED:20220221T120249Z
UID:10000248-1653382800-1653395400@avoe.at
SUMMARY:EAA Web Session: Actuarial Modeling for Cyber Risk (2 days)
DESCRIPTION:After an introduction to the specificities on cyber-risk\, this session gives first steps towards a better understanding of cyber risk\, by providing mathematical models and actuarial analysis. For a better quantification of cyber risk\, we propose innovative models\, both for the severity component (size of the claims) and the frequency component (accumulation risk and clustering features) of the risk. \nAfter completing this course\, you will be able to \n\n• Identify the specificities of cyber risk\n• Identify the factors that may jeopardize the mutualisation of cyber risk\n• Identify extreme events and convey a risk segmentation\n• Construct accumulation scenarii on a cyber portfolio\n• Quantify the impact of protection measures on the risk of saturation in the insurer response capacity.\n\nRegistration deadline: 13 May 2022
URL:https://avoe.at/event/eaa-web-session-actuarial-modeling-for-cyber-risk-2-days/2022-05-24/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220520T090000
DTEND;TZID=Europe/Vienna:20220520T162000
DTSTAMP:20260519T152038
CREATED:20211217T150334Z
LAST-MODIFIED:20211217T151019Z
UID:10000047-1653037200-1653063600@avoe.at
SUMMARY:EAA Web Session: Understanding IFRS 17
DESCRIPTION:The goal of the two-day web session is to provide participants with a comprehensive introduction to the new measurement\, presentation and disclosure guidance for insurance contracts. It will cover life\, health and non-life business\, including the special guidance on direct participating contracts and shorter term non-life contracts and give useful examples.\n\nIn the web session\, we will first shed a light on the context of accounting for insurance contracts within the IFRS 17 framework. We will present and discuss the general concepts behind the new model and refer to the application of valuation models like the Variable Fee Approach (VFA) and the Premium Allocation Approach (PAA). The web session will proceed with a discussion of topics specific to individual lines of business (highlighting topics still under discussion) and summarize potential approaches and solutions. We will close with an overview of methodical hot topics relevant for technical implementation seen in various European markets\, share emerging market views and discuss these with the participants.\n\n\nOverall\, the goal is to enable participants to understand the standard and help transferring the requirements into your specific situation. It is thus intended to prepare participants for model development\, implementation\, testing\, reviewing and consulting with management\, accounting and auditors. \nRegistration deadline: 17 Mai 2022
URL:https://avoe.at/event/eaa-web-session-understanding-ifrs-17-2/2022-05-20/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220519T090000
DTEND;TZID=Europe/Vienna:20220519T162000
DTSTAMP:20260519T152038
CREATED:20211217T150334Z
LAST-MODIFIED:20211217T151019Z
UID:10000046-1652950800-1652977200@avoe.at
SUMMARY:EAA Web Session: Understanding IFRS 17
DESCRIPTION:The goal of the two-day web session is to provide participants with a comprehensive introduction to the new measurement\, presentation and disclosure guidance for insurance contracts. It will cover life\, health and non-life business\, including the special guidance on direct participating contracts and shorter term non-life contracts and give useful examples.\n\nIn the web session\, we will first shed a light on the context of accounting for insurance contracts within the IFRS 17 framework. We will present and discuss the general concepts behind the new model and refer to the application of valuation models like the Variable Fee Approach (VFA) and the Premium Allocation Approach (PAA). The web session will proceed with a discussion of topics specific to individual lines of business (highlighting topics still under discussion) and summarize potential approaches and solutions. We will close with an overview of methodical hot topics relevant for technical implementation seen in various European markets\, share emerging market views and discuss these with the participants.\n\n\nOverall\, the goal is to enable participants to understand the standard and help transferring the requirements into your specific situation. It is thus intended to prepare participants for model development\, implementation\, testing\, reviewing and consulting with management\, accounting and auditors. \nRegistration deadline: 17 Mai 2022
URL:https://avoe.at/event/eaa-web-session-understanding-ifrs-17-2/2022-05-19/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20220518T083000
DTEND;TZID=UTC:20220518T124500
DTSTAMP:20260519T152038
CREATED:20220221T120722Z
LAST-MODIFIED:20220221T120722Z
UID:10000249-1652862600-1652877900@avoe.at
SUMMARY:EAA Web Session "IFRS 17: A Deep Dive Into Revenue from Insurance Contracts"
DESCRIPTION:IFRS 17 will become effective on 01.01.2023 and it represents a step change for all entities that are required to apply its guidance. \nThe changes will not be limited to the measurement of contracts – including their presentation in the balance sheet – but also substantially change how insurers present their period performance in the statement of comprehensive income. \nThis web session takes a closer look on the „top line“ item in the profit and loss account: insurance contract revenue. Depending on the nature of the business\, insurance revenue may be very similar to the starting point for net income calculation according to current accounting regimes – or it may substantially differ. In either case\, companies need to prepare for substantial changes to internal and external processes: Calculation of revenue\, explanations to (and by!) internal and external stakeholders\, and amended key performance indicators (KPIs). \nRegistration deadline: 16 May 2022
URL:https://avoe.at/event/eaa-web-session-ifrs-17-a-deep-dive-into-revenue-from-insurance-contracts-2/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20220517T090000
DTEND;TZID=UTC:20220517T123000
DTSTAMP:20260519T152038
CREATED:20220221T120249Z
LAST-MODIFIED:20220221T120249Z
UID:10000247-1652778000-1652790600@avoe.at
SUMMARY:EAA Web Session: Actuarial Modeling for Cyber Risk (2 days)
DESCRIPTION:After an introduction to the specificities on cyber-risk\, this session gives first steps towards a better understanding of cyber risk\, by providing mathematical models and actuarial analysis. For a better quantification of cyber risk\, we propose innovative models\, both for the severity component (size of the claims) and the frequency component (accumulation risk and clustering features) of the risk. \nAfter completing this course\, you will be able to \n\n• Identify the specificities of cyber risk\n• Identify the factors that may jeopardize the mutualisation of cyber risk\n• Identify extreme events and convey a risk segmentation\n• Construct accumulation scenarii on a cyber portfolio\n• Quantify the impact of protection measures on the risk of saturation in the insurer response capacity.\n\nRegistration deadline: 13 May 2022
URL:https://avoe.at/event/eaa-web-session-actuarial-modeling-for-cyber-risk-2-days/2022-05-17/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220512T093000
DTEND;TZID=Europe/Vienna:20220512T170000
DTSTAMP:20260519T152038
CREATED:20211126T104946Z
LAST-MODIFIED:20211126T104946Z
UID:10000040-1652347800-1652374800@avoe.at
SUMMARY:EAA e-Conference on Data Science &Data Ethics
DESCRIPTION:On 12 May 2022\, the third EAA e-Conference on „Data Science & Data Ethics“ will take place live and virtually. The programme will combine keynote speeches with food for thought from well-known experts and selected talks from professionals through a Call for Papers. \nThe Data Science & Data Ethics e-Conference is open to all actuaries and other interested experts.
URL:https://avoe.at/event/eaa-e-conference-on-data-science-data-ethics-2/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220511T100000
DTEND;TZID=Europe/Vienna:20220511T120000
DTSTAMP:20260519T152038
CREATED:20220131T132614Z
LAST-MODIFIED:20220131T132614Z
UID:10000039-1652263200-1652270400@avoe.at
SUMMARY:EAA Web Session: IFRS 17: Investment Components and Other Non-Service Payments
DESCRIPTION:The needed identification of cash flows not related to services introduces new considerations in the accounting process. Those will be discussed and approaches to achieve an adequate reflection in presentation. That does not only apply to contracts with savings elements\, as in life insurance. As well non-life insurance contracts and reinsurance contracts often contain investment components and premium refunds. As well examples from those areas are presented and discussed. \nRegistration deadline: 9 May 2022
URL:https://avoe.at/event/eaa-web-session-ifrs-17-investment-components-and-other-non-service-payments/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220506T090000
DTEND;TZID=Europe/Vienna:20220506T123000
DTSTAMP:20260519T152038
CREATED:20220104T140210Z
LAST-MODIFIED:20220104T140210Z
UID:10000245-1651827600-1651840200@avoe.at
SUMMARY:EAA Web Session "Advanced Concepts of Clustering in Insurance"
DESCRIPTION:The course shows how different algorithms can be used to obtain a segmentation of insurance data. The methods covered range from centroid-based (k-means\, k-prototypes) to probabilistic (Gaussian Mixture Models) and density-based (DBSCAN) approaches. We demonstrate how the clustering results can be visualized and evaluated. Moreover\, it will be shown how the clustering results can be used to identify outliers in the data set. We also cover techniques that reduce the dimension of the data so that the segments can be computed either on aggregated information or using only a subset of the available information. The course puts an emphasis on the practical application and therefore showcases all concepts on an insurance data set.\nRegistration deadline: 4 May 2022
URL:https://avoe.at/event/eaa-web-session-advanced-concepts-of-clustering-in-insurance-3/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220505T090000
DTEND;TZID=Europe/Vienna:20220505T123000
DTSTAMP:20260519T152038
CREATED:20211217T150915Z
LAST-MODIFIED:20211217T150915Z
UID:10000053-1651741200-1651753800@avoe.at
SUMMARY:EAA Web Session: Understanding the Performance of an Insurance Company: An Introduction
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.\n\nThe aim of this workshop is to:\n\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\n– Compute performance indicators used in different regulatory frameworks\n(Local GAAP\, Solvency 2)\n– Understand the impact of pricing & portfolio management\, risk mitigation (reinsurance) and ALM on the performance\n\nWe will cover life as well as non-life insurance. Health insurance will not be specifically covered. \nRegistration deadline: 28 April 2022
URL:https://avoe.at/event/eaa-web-session-understanding-the-performance-of-an-insurance-company-an-introduction/2022-05-05/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220504T090000
DTEND;TZID=Europe/Vienna:20220504T123000
DTSTAMP:20260519T152038
CREATED:20211217T150915Z
LAST-MODIFIED:20211217T150915Z
UID:10000052-1651654800-1651667400@avoe.at
SUMMARY:EAA Web Session: Understanding the Performance of an Insurance Company: An Introduction
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.\n\nThe aim of this workshop is to:\n\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\n– Compute performance indicators used in different regulatory frameworks\n(Local GAAP\, Solvency 2)\n– Understand the impact of pricing & portfolio management\, risk mitigation (reinsurance) and ALM on the performance\n\nWe will cover life as well as non-life insurance. Health insurance will not be specifically covered. \nRegistration deadline: 28 April 2022
URL:https://avoe.at/event/eaa-web-session-understanding-the-performance-of-an-insurance-company-an-introduction/2022-05-04/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220503T090000
DTEND;TZID=Europe/Vienna:20220503T123000
DTSTAMP:20260519T152038
CREATED:20211217T150915Z
LAST-MODIFIED:20211217T150915Z
UID:10000051-1651568400-1651581000@avoe.at
SUMMARY:EAA Web Session: Understanding the Performance of an Insurance Company: An Introduction
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.\n\nThe aim of this workshop is to:\n\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\n– Compute performance indicators used in different regulatory frameworks\n(Local GAAP\, Solvency 2)\n– Understand the impact of pricing & portfolio management\, risk mitigation (reinsurance) and ALM on the performance\n\nWe will cover life as well as non-life insurance. Health insurance will not be specifically covered. \nRegistration deadline: 28 April 2022
URL:https://avoe.at/event/eaa-web-session-understanding-the-performance-of-an-insurance-company-an-introduction/2022-05-03/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220502T090000
DTEND;TZID=Europe/Vienna:20220502T123000
DTSTAMP:20260519T152038
CREATED:20211217T150915Z
LAST-MODIFIED:20211217T150915Z
UID:10000050-1651482000-1651494600@avoe.at
SUMMARY:EAA Web Session: Understanding the Performance of an Insurance Company: An Introduction
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.\n\nThe aim of this workshop is to:\n\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\n– Compute performance indicators used in different regulatory frameworks\n(Local GAAP\, Solvency 2)\n– Understand the impact of pricing & portfolio management\, risk mitigation (reinsurance) and ALM on the performance\n\nWe will cover life as well as non-life insurance. Health insurance will not be specifically covered. \nRegistration deadline: 28 April 2022
URL:https://avoe.at/event/eaa-web-session-understanding-the-performance-of-an-insurance-company-an-introduction/2022-05-02/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220407T090000
DTEND;TZID=Europe/Vienna:20220407T170000
DTSTAMP:20260519T152038
CREATED:20211217T150000Z
LAST-MODIFIED:20211217T150000Z
UID:10000044-1649322000-1649350800@avoe.at
SUMMARY:EAA Web Session: Mathematical Modelling for Actuaries
DESCRIPTION:Actuaries are very experienced in modelling financial risks either stemming from population dynamics or from random events. Probability theory and statistics is their daily bread. But there are many other phenomena out in the world without having a direct financial impact but should be understood by actuaries as well. This web session is about models which typically are not covered in full by actuarial exams\, but which could bring better insights to risks actuaries have to price. We will show very general approaches to set up models with applications from many different areas\, whether it is medicine\, construction\, meteorology\, biology or others. Of course\, this web session can only be seen as an introduction into modelling and cannot cover all interesting models\, but it should enable participants to find more in literature or develop their own ideas. \n\nRegistration deadline: 4 April 2022
URL:https://avoe.at/event/eaa-web-session-mathematical-modelling-for-actuaries-2/2022-04-07/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220406T090000
DTEND;TZID=Europe/Vienna:20220406T170000
DTSTAMP:20260519T152038
CREATED:20211217T150000Z
LAST-MODIFIED:20211217T150000Z
UID:10000043-1649235600-1649264400@avoe.at
SUMMARY:EAA Web Session: Mathematical Modelling for Actuaries
DESCRIPTION:Actuaries are very experienced in modelling financial risks either stemming from population dynamics or from random events. Probability theory and statistics is their daily bread. But there are many other phenomena out in the world without having a direct financial impact but should be understood by actuaries as well. This web session is about models which typically are not covered in full by actuarial exams\, but which could bring better insights to risks actuaries have to price. We will show very general approaches to set up models with applications from many different areas\, whether it is medicine\, construction\, meteorology\, biology or others. Of course\, this web session can only be seen as an introduction into modelling and cannot cover all interesting models\, but it should enable participants to find more in literature or develop their own ideas. \n\nRegistration deadline: 4 April 2022
URL:https://avoe.at/event/eaa-web-session-mathematical-modelling-for-actuaries-2/2022-04-06/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220405T090000
DTEND;TZID=Europe/Vienna:20220405T121500
DTSTAMP:20260519T152038
CREATED:20211102T102455Z
LAST-MODIFIED:20211102T102509Z
UID:10000240-1649149200-1649160900@avoe.at
SUMMARY:EAA Web Session: Reinsurance under IFRS17 for Life & Health
DESCRIPTION:2022 is the first year of full application of the new IFRS17 standard. Insurers are now fully engaged in implementation. The focus of the preparations has been on Insurance Contracts Issued whilst the treatment of Reinsurance Held has not received much attention. In this web session we provide insights into the treatment of reinsurance of long-term contracts in the fields of Life\, Disability and Health insurance. Using examples we will give participants a hands-on experience of how IFRS 17 changes the presentation of reinsurance in the financial statements. \nRegistration deadline: 1 April 2022
URL:https://avoe.at/event/eaa-web-session-reinsurance-under-ifrs17-for-life-health/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220331T093000
DTEND;TZID=Europe/Vienna:20220331T130000
DTSTAMP:20260519T152038
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000232-1648719000-1648731600@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
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 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\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\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-31/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220330T093000
DTEND;TZID=Europe/Vienna:20220330T130000
DTSTAMP:20260519T152038
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000231-1648632600-1648645200@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
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 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\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\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-30/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220329T093000
DTEND;TZID=Europe/Vienna:20220329T130000
DTSTAMP:20260519T152038
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000230-1648546200-1648558800@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
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 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\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\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-29/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220328T093000
DTEND;TZID=Europe/Vienna:20220328T130000
DTSTAMP:20260519T152038
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000229-1648459800-1648472400@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
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 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\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\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-28/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220323T090000
DTEND;TZID=Europe/Vienna:20220323T173000
DTSTAMP:20260519T152038
CREATED:20211005T181815Z
LAST-MODIFIED:20211005T181815Z
UID:10000236-1648026000-1648056600@avoe.at
SUMMARY:EAA Web Session: CERA\, Module D: ERM – Economic Capital
DESCRIPTION:The present training is concerned with the question of economic capital in corporate management.\n\nKey aspects are economic valuation and performance\, economic steering\, key performance indicators\, and 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.\n\nRegistration deadline: 21 March 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-d-erm-economic-capital/2022-03-23/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220321T090000
DTEND;TZID=Europe/Vienna:20220321T170000
DTSTAMP:20260519T152038
CREATED:20211027T150926Z
LAST-MODIFIED:20211027T150946Z
UID:10000239-1647853200-1647882000@avoe.at
SUMMARY:EAA Web Session: CERA\, Module C: Processes in ERM
DESCRIPTION:This module deals with the challenges of implementing ERM Processes. It includes requirements on ERM Processes and the discussion of best practices. It will be presented how to define an organisation’s risk strategy\, risk appetite\, risk tolerances and limits. We discuss how business strategy influences risk strategy and show their necessary interaction. We demonstrate the close relationship between ERM and Value and Risk Based Management and show how financial and other risks influence the selection of strategy. We show how ERM can be appropriately imbedded in an entity’s strategic planning and discuss the Own Risk and Solvency Assessment. We present the application of an internal risk control process. In the context of ERM reports to different stakeholders are required (management\, supervisory body\, regulators\, public disclosure). We give an overview of the different reports and the main contents. Further we show examples of communication processes in the context of ERM. During the web session we present case studies to discuss the main subjects. \nRegistration deadline: 17 March 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-c-processes-in-erm/2022-03-21/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220315T080000
DTEND;TZID=Europe/Vienna:20220315T170000
DTSTAMP:20260519T152038
CREATED:20211217T151819Z
LAST-MODIFIED:20211217T151819Z
UID:10000062-1647331200-1647363600@avoe.at
SUMMARY:EAA Web Session: An Introduction to Economic Scenario Generators and their Validation
DESCRIPTION:The Economic Scenario Generators are at the core of stochastic models used by insurance companies. The applications of stochastic models are very diverse and include such applications as economic capital under Solvency II\, ALM projections\, dynamic hedging etc. All these applications impose different requirements upon the generation and the validation of economic scenarios.\n\nIn the web session\, we begin by discussing the principles of risk-neutral modelling\, where we are going to focus on equity modelling and interest rate modelling. We proceed by discussing real-world capital market modelling. Finally\, we talk about ESG validation aspects relevant for Solvency 2 work and other applications.\n\nThis course has been developed for professionals who are interested in Economic Scenario Generators because they deal with one or more applications of those and who are familiar with the basic concepts of financial maths. In-depth knowledge of capital market models is clearly NOT a pre-requisite\, as the content does not aim at ESG experts. \nRegistration deadline: 10 March 2022
URL:https://avoe.at/event/eaa-web-session-an-introduction-to-economic-scenario-generators-and-their-validation-2/2022-03-15/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220314T080000
DTEND;TZID=Europe/Vienna:20220314T170000
DTSTAMP:20260519T152038
CREATED:20211217T151819Z
LAST-MODIFIED:20211217T151819Z
UID:10000061-1647244800-1647277200@avoe.at
SUMMARY:EAA Web Session: An Introduction to Economic Scenario Generators and their Validation
DESCRIPTION:The Economic Scenario Generators are at the core of stochastic models used by insurance companies. The applications of stochastic models are very diverse and include such applications as economic capital under Solvency II\, ALM projections\, dynamic hedging etc. All these applications impose different requirements upon the generation and the validation of economic scenarios.\n\nIn the web session\, we begin by discussing the principles of risk-neutral modelling\, where we are going to focus on equity modelling and interest rate modelling. We proceed by discussing real-world capital market modelling. Finally\, we talk about ESG validation aspects relevant for Solvency 2 work and other applications.\n\nThis course has been developed for professionals who are interested in Economic Scenario Generators because they deal with one or more applications of those and who are familiar with the basic concepts of financial maths. In-depth knowledge of capital market models is clearly NOT a pre-requisite\, as the content does not aim at ESG experts. \nRegistration deadline: 10 March 2022
URL:https://avoe.at/event/eaa-web-session-an-introduction-to-economic-scenario-generators-and-their-validation-2/2022-03-14/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220310T090000
DTEND;TZID=Europe/Vienna:20220310T163000
DTSTAMP:20260519T152038
CREATED:20211110T123154Z
LAST-MODIFIED:20211110T123206Z
UID:10000243-1646902800-1646929800@avoe.at
SUMMARY:EAA Web Session: ML Explainability in Actuarial Data Science: A Primer
DESCRIPTION:Explainability is the cornerstone of practicability of ML and AI techniques – without thorough insights into the inner workings of the more advanced decision making and prediction methods\, usage become hampered by the worst kind of information asymmetry: Unpredictable model outputs not fit for productive use. Ultimately\, AI and ML methods will be well-suited for use in actuarial contexts\, but to this end\, more and better tools to understand these tools need to be procured and utilized. \nRegistration deadline: 8 March 2022
URL:https://avoe.at/event/eaa-web-session-ml-explainability-in-actuarial-data-science-a-primer/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220304T100000
DTEND;TZID=Europe/Vienna:20220304T120000
DTSTAMP:20260519T152038
CREATED:20210925T100449Z
LAST-MODIFIED:20210925T100449Z
UID:10000234-1646388000-1646395200@avoe.at
SUMMARY:EAA Web Session: Operational Risk for Actuaries
DESCRIPTION:Operational risk is the risk of loss\, arising from inadequate or failed internal processes\, people and systems or from external events. That is the definition of operational risk for regulatory purposes. Operational risk management is usually part of ERM and actuaries are typically not involved in these processes. That is often because of poor data related to rare events and some lack of methodologies. The goal of this web session is to provide actuaries with tools and ideas how to better involve in operational risk management and how to use existing actuarial toolboxes to improve valuation of operational risk. \n\nRegistration deadline: 1 March 2022
URL:https://avoe.at/event/eaa-web-session-operational-risk-for-actuaries-2/2022-03-04/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220303T100000
DTEND;TZID=Europe/Vienna:20220303T120000
DTSTAMP:20260519T152038
CREATED:20210925T100449Z
LAST-MODIFIED:20210925T100449Z
UID:10000233-1646301600-1646308800@avoe.at
SUMMARY:EAA Web Session: Operational Risk for Actuaries
DESCRIPTION:Operational risk is the risk of loss\, arising from inadequate or failed internal processes\, people and systems or from external events. That is the definition of operational risk for regulatory purposes. Operational risk management is usually part of ERM and actuaries are typically not involved in these processes. That is often because of poor data related to rare events and some lack of methodologies. The goal of this web session is to provide actuaries with tools and ideas how to better involve in operational risk management and how to use existing actuarial toolboxes to improve valuation of operational risk. \n\nRegistration deadline: 1 March 2022
URL:https://avoe.at/event/eaa-web-session-operational-risk-for-actuaries-2/2022-03-03/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220223T090000
DTEND;TZID=Europe/Vienna:20220223T170000
DTSTAMP:20260519T152038
CREATED:20210912T091905Z
LAST-MODIFIED:20210912T220433Z
UID:10000228-1645606800-1645635600@avoe.at
SUMMARY:EAA Web Session: CERA\, Module A: Quantitative Methods of ERM
DESCRIPTION:The 3-day web session assists actuaries in broadening their knowledge about modern quantitative financial and actuarial modelling; these topics form an essential part of the CERA syllabus. At the beginning of the online training we give a brief overview of the EAA-route to the CERA designation. The core part of the web session begins with an introduction to the modern theory of risk measures. Next\, a number of statistical techniques are discussed\, that are highly relevant for the analysis of actuarial and financial data and for the model-building process in risk management. Among others\, we will consider extreme value theory\, dependence modelling\, copulas\, and various aspects of integrated risk management. The training continues with an introduction to the modelling and the management of interest rate and credit risk. In particular\, participants will learn how to price simple interest options or Credit Default Swaps\, how to compute risk\nmeasures for a bond portfolio\, and how to account for counterparty risk.\n\nThe web session consists of lectures and exercise sessions. In fact\, exercise sessions\, where various exercises and supplementary examples are discussed\, form an integral part of the seminar: they help the participants to understand the qualitative and quantitative techniques introduced in the lectures\, and they are a key element in the preparation for the CERA exam.\n\nRegistration deadline: 17 February 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-a-quantitative-methods-of-erm-2/2022-02-23/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220221T090000
DTEND;TZID=Europe/Vienna:20220221T170000
DTSTAMP:20260519T152038
CREATED:20210912T091905Z
LAST-MODIFIED:20210912T220433Z
UID:10000227-1645434000-1645462800@avoe.at
SUMMARY:EAA Web Session: CERA\, Module A: Quantitative Methods of ERM
DESCRIPTION:The 3-day web session assists actuaries in broadening their knowledge about modern quantitative financial and actuarial modelling; these topics form an essential part of the CERA syllabus. At the beginning of the online training we give a brief overview of the EAA-route to the CERA designation. The core part of the web session begins with an introduction to the modern theory of risk measures. Next\, a number of statistical techniques are discussed\, that are highly relevant for the analysis of actuarial and financial data and for the model-building process in risk management. Among others\, we will consider extreme value theory\, dependence modelling\, copulas\, and various aspects of integrated risk management. The training continues with an introduction to the modelling and the management of interest rate and credit risk. In particular\, participants will learn how to price simple interest options or Credit Default Swaps\, how to compute risk\nmeasures for a bond portfolio\, and how to account for counterparty risk.\n\nThe web session consists of lectures and exercise sessions. In fact\, exercise sessions\, where various exercises and supplementary examples are discussed\, form an integral part of the seminar: they help the participants to understand the qualitative and quantitative techniques introduced in the lectures\, and they are a key element in the preparation for the CERA exam.\n\nRegistration deadline: 17 February 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-a-quantitative-methods-of-erm-2/2022-02-21/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220215T100000
DTEND;TZID=Europe/Vienna:20220215T120000
DTSTAMP:20260519T152038
CREATED:20211109T114048Z
LAST-MODIFIED:20211109T114048Z
UID:10000242-1644919200-1644926400@avoe.at
SUMMARY:EAA Web Session: Setting Up Discount Rates Under IFRS17: Getting the Job Done
DESCRIPTION:The IFRS 17 regulatory framework requires insurers to define the discount curve with respect to the liquidity characteristics of their liabilities. During this web session\, we will review the regulatory requirements and the two main approaches recommended. We will then detail the steps involved in the construction of the IFRS 17 discount curve and highlight the various possible choices. \nThis web session will first provide a presentation of the challenges related to the definition of the risk-free rate curve. This will be followed by a presentation of the approaches to assess the illiquidity of liabilities based on the link between the illiquidity of assets and liabilities. The presentation will then provide an overview of methodologies to quantify the illiquidity premium of an asset portfolio. \nOur research and development work on this topic\, coupled with our benchmark vision of market practices\, will allow us to present a wide range of available approaches and to describe their advantages and disadvantages from an operational insurance implementation perspective. \nRegistration deadline: 11 February 2022
URL:https://avoe.at/event/eaa-web-session-setting-up-discount-rates-under-ifrs17-getting-the-job-done/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220118T100000
DTEND;TZID=Europe/Vienna:20220118T120000
DTSTAMP:20260519T152038
CREATED:20211105T062200Z
LAST-MODIFIED:20211105T062200Z
UID:10000241-1642500000-1642507200@avoe.at
SUMMARY:EAA Web Session: IFRS 17 – Derivation of the Adjustment & its Confidence Level
DESCRIPTION:Under IFRS 17\, the Risk Adjustment is intended to measure the compensation that the entity requires for bearing the uncertainty associated with the amount and timing of the cash flows that arises from non-financial risk. The IFRS 17 Risk Adjustment creates challenges for both life and P&C (re)insurers such as how to estimate it and how to determine the confidence level needed for disclosure purposes. \nThis web session will first provide a presentation of the challenges related to the derivation of the Risk Adjustment and the fulfilment of the key IFRS 17 requirements related to its calculation.  This will be followed by a discussion about the need for a proper confidence level disclosure methodology. The presentation will then provide an overview of methodological solutions and will include applications for both life and P&C companies. \nRegistration deadline: 16 January 2022
URL:https://avoe.at/event/eaa-web-session-ifrs-17-derivation-of-the-adjustment-its-confidence-level/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
END:VCALENDAR