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. The […]
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 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. This web session is very […]
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 […]
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. By 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, […]
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. The online training will also provide […]
The purpose of this web session is twofold: First, you will gain an in-depth understanding of the algorithm including its underlying theoretical motivation and its statistical properties. Second, 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 […]
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 […]
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 […]
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. Overall, these methods complement the traditional actuarial […]
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. The course is designed to […]
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 […]
