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X-WR-CALDESC:Veranstaltungen für AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
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BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220304T100000
DTEND;TZID=Europe/Vienna:20220304T120000
DTSTAMP:20260519T154543
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:20260519T154543
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:20260519T154543
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:20260519T154543
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:20260519T154543
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:20260519T154543
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
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211217T090000
DTEND;TZID=Europe/Vienna:20211217T120000
DTSTAMP:20260519T154543
CREATED:20211217T152305Z
LAST-MODIFIED:20211217T152305Z
UID:10000069-1639731600-1639742400@avoe.at
SUMMARY:EAA Web Session: Practical Machine Learning Applications in Finance and Insurance
DESCRIPTION:The objective of this web session is that participants should become familiar with machine learning techniques used to solve practical problems in finance\, banking and insurance. To achieve this we begin from the scratch and introduce machine learning workflows and techniques step by step: To start with\, we give an overview of this interesting field with the primary focus on several techniques such as neural networks\, among others. The key for an efficient application is the way of training machine learning algorithms and thus we focus our attention on this optimization as well. We strengthen our learned knowledge by focusing on several case studies: We consider an example within the Solvency II context such as implementing an internal model to calculate the Solvency Capital Requirement (SCR)\, but also applications to financial market such as option pricing by Monte Carlo methods or trading strategies. During our complete web session we learn how the introduced algorithms can be implemented so that the participants are able to build up their own use cases in Python at the end. \nRegistration deadline: 14 March. 2022
URL:https://avoe.at/event/eaa-web-session-practical-machine-learning-applications-in-finance-and-insurance-2/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211129T170000
DTEND;TZID=Europe/Vienna:20211129T170000
DTSTAMP:20260519T154543
CREATED:20211117T070447Z
LAST-MODIFIED:20211117T070447Z
UID:10000244-1638205200-1638205200@avoe.at
SUMMARY:Meeting AVÖ-Arbeitskreis Data Science
DESCRIPTION:Arbeitskreisleiter: Dr. Jonas Hirz\, Boston Consulting
URL:https://avoe.at/event/meeting-avoe-arbeitskreis-data-science/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Aktuarvereinigung Österreichs (AVÖ)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20211129T130000
DTEND;TZID=Europe/Paris:20211129T173000
DTSTAMP:20260519T154543
CREATED:20210727T113811Z
LAST-MODIFIED:20210902T125053Z
UID:10000026-1638190800-1638207000@avoe.at
SUMMARY:ÖFdV Online-Vortrag: Solvency-II-Review – Ein Überblick über die Maßnahmen
DESCRIPTION:Die Einführung von Solvency II im Januar 2016 führte zu einem risikobasierteren Eigenmittelregime für die europäischen Versicherungsunternehmen. Gemäß den gesetzlichen Vorgaben hat die Europäische Kommission diese Vorschriften zu validieren und gegebenenfalls Anpassungen vorzuschlagen. Auf Ersuchen der Kommission hat die europäische Versicherungsaufsicht (EIOPA) einzelne Themengebiete analysiert und Ende 2020 Änderungsvorschläge mit Ergänzungen 2021 übermittelt. Die Kommission ist nun aufgefordert\, diese zu prüfen und Vorschläge zur Anpassung des Solvency-II-Rahmenwerks zu erarbeiten. Diese sind dann an das Europaparlament und an den Europäischen Rat zu berichten. Nach dem Zeitplan der Kommission soll dies Anfang 4. Quartal erfolgen. \nIn diesem Online-Vortrag erörtern  Siegbert Baldauf (DAV\, CERA Global Association) und Peter Baumann (FMA\, Finanzmarktaufsicht) die Maßnahmen\, die die EU-Kommission im Rahmen des Solvency-II-Reviews konkret zur Umsetzung empfiehlt. \nDetails und Anmeldung
URL:https://avoe.at/event/solvency-ii-review-ein-ueberblick-ueber-die-massnahmen/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Österreichische Förderungsgesellschaft der Versicherungsmathematik (ÖFdV)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211119T083000
DTEND;TZID=Europe/Vienna:20211119T130000
DTSTAMP:20260519T154543
CREATED:20210806T073250Z
LAST-MODIFIED:20210831T101753Z
UID:10000032-1637310600-1637326800@avoe.at
SUMMARY:ÖFdV-Online-Seminar: Bewertung von Sozialkapital – Schwerpunkt Pensionsrückstellungen in Unternehmen (2 Seminare)
DESCRIPTION:Vortragender: DI Sven Jörgen\, Geschäftsführer Valida Consulting GesmbH \nIm ersten Abschnitt des zweiteiligen Online-Seminars stellt Sven Jörgen die Mathematik der Pensionsversicherung dar mit Schwerpunkten Rechnungsgrundlagen und Finanzierungsverfahren. Im zweiten Abschnitt geht er auf die Personalrückstellungen mit Schwerpunkt Pensionsverpflichtungen von Unternehmen in Österreich ein. Besonderes Augenmerk gilt dabei den umfassenden Neuerungen der AFRAC-Stellungnahme 27 zu den Personalrückstellungen nach UGB sowie der AFRAC-Stellungnahme 20 zur Behandlung der „Abfertigung alt“ nach IAS 19. Die Rechnungsgrundlagen für die Pensionsversicherung AVÖ 2018-P\, veröffentlicht im August 2018\, werden aus Anwenderperspektive präsentiert. \nGliederung des Seminars: \n\nElementare Versicherungsmathematik für Leibrenten\nArten und bewertungsrelevante Inhalte von Pensionsplänen – Überblick\nRechnungsgrundlagen für die Pensionsversicherung\nVersicherungsmathematische Finanzierungsverfahren\nVorschriften zur Bewertung von direkten\, rückgedeckten und ausgelagerten Verpflichtungen\n\nDetails und Anmeldung
URL:https://avoe.at/event/bewertung-von-sozialkapital/2021-11-19/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Österreichische Förderungsgesellschaft der Versicherungsmathematik (ÖFdV)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211118T130000
DTEND;TZID=Europe/Vienna:20211118T173000
DTSTAMP:20260519T154543
CREATED:20210806T073250Z
LAST-MODIFIED:20210831T101753Z
UID:10000031-1637240400-1637256600@avoe.at
SUMMARY:ÖFdV-Online-Seminar: Bewertung von Sozialkapital – Schwerpunkt Pensionsrückstellungen in Unternehmen (2 Seminare)
DESCRIPTION:Vortragender: DI Sven Jörgen\, Geschäftsführer Valida Consulting GesmbH \nIm ersten Abschnitt des zweiteiligen Online-Seminars stellt Sven Jörgen die Mathematik der Pensionsversicherung dar mit Schwerpunkten Rechnungsgrundlagen und Finanzierungsverfahren. Im zweiten Abschnitt geht er auf die Personalrückstellungen mit Schwerpunkt Pensionsverpflichtungen von Unternehmen in Österreich ein. Besonderes Augenmerk gilt dabei den umfassenden Neuerungen der AFRAC-Stellungnahme 27 zu den Personalrückstellungen nach UGB sowie der AFRAC-Stellungnahme 20 zur Behandlung der „Abfertigung alt“ nach IAS 19. Die Rechnungsgrundlagen für die Pensionsversicherung AVÖ 2018-P\, veröffentlicht im August 2018\, werden aus Anwenderperspektive präsentiert. \nGliederung des Seminars: \n\nElementare Versicherungsmathematik für Leibrenten\nArten und bewertungsrelevante Inhalte von Pensionsplänen – Überblick\nRechnungsgrundlagen für die Pensionsversicherung\nVersicherungsmathematische Finanzierungsverfahren\nVorschriften zur Bewertung von direkten\, rückgedeckten und ausgelagerten Verpflichtungen\n\nDetails und Anmeldung
URL:https://avoe.at/event/bewertung-von-sozialkapital/2021-11-18/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Österreichische Förderungsgesellschaft der Versicherungsmathematik (ÖFdV)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20210322T090000
DTEND;TZID=Europe/Vienna:20210322T170000
DTSTAMP:20260519T154543
CREATED:20211027T150926Z
LAST-MODIFIED:20211027T150946Z
UID:10000238-1616403600-1616432400@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/2021-03-22/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
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