Organised by the EAA - European Actuarial Academy GmbH in cooperation with the Lietuvos Aktuarų Draugija. The seminar will be held in person, giving participants the opportunity to learn on site alongside other actuarial professionals, exchange ideas directly, and receive immediate support from the lecturers. The venue is the 4-star hotel Courtyard Vilnius City Centre […]
Climate Risk scenarios are commonly used in the insurance industry for stress testing, but interpreting and communicating results is often challenging, given strong limitations and complex assumptions. This session will provide practical guidance on stress testing application in the ORSA context, focusing on financial risks, and provide context and foundations necessary in order to communicate […]
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 […]
Artificial Intelligence is rapidly moving from experimentation to infrastructure in actuarial work. AI systems are beginning to influence decisions that were historically driven by statistical models, expert judgment, and regulatory constraints. This session focuses on understanding what is happening under the hood of modern Generative AI systems, particularly large language models and AI agents. What […]
Deep learning (DL) pertains to the field of artificial intelligence and is great at extracting and mastering the often highly non linear patterns of a given process, whatever this process might be. The only main requirement is the availability of a large amount of data that describes the behaviour of the process under different conditions […]
In the modern economy, where many businesses integrally depend on functioning IT systems and digital services, cyber insurance has emerged as one of the fastest-growing insurance lines. Likewise, the challenges for actuaries in adequately assessing, modelling, pricing, and managing this complex and ever-evolving risk are manifold. In this session, we will delve into key aspects […]
This web session provides a structured and practical walkthrough of the Own Risk Assessment (ORA) under IORP II. We begin with a concise overview of the European pension landscape and supervisory expectations, followed by a clear comparison between ORA and ORSA. The core of the session focuses on the practical building blocks of a robust […]
The goal of this two-day training is to introduce the participants to the R open-source ecosystemand to give them a good understanding of this 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 […]
With the introduction of new accounting frameworks, the corresponding alignment of planning and performance management and with the increasing need for sophisticated asset liability management, the stochastic assessment of risk and value in connection with participating life insurance portfolios has become the industry standard over the last decade. The underlying basis for such an assessment […]
Excel-based tariff calculators remain a cornerstone of actuarial work in life insurance, and in early 2026 we showed in our first EAA web session 'From Excel Tariff Calculators to LLM-Powered Python Code', how Large Language Models (LLMs) can help to port them into structured Python code. The feedback was encouraging, and the field has moved […]
The goal of this two half-day training is to introduce the participants to the Python open- source ecosystem and to get a good understanding of the language. However, the ecosystem is way too vast to be covered in merely two half-days, the participants will be asked to go through the basics of the language themselves, […]
Actuaries have long relied on time-tested statistical models to forecast risk. Methods such as ARIMA, GLMs, and the Lee–Carter model remain valuable tools, and in many settings they still perform well. However, the environment in which actuaries will work is changing. This web session will explore why we are moving beyond these traditional boundaries and […]
