08/10/2025

Early Bird Alert: Save on Upcoming EAA Trainings!

 

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Benefit from Exclusive Early Bird Rates

Time-Limited Discounts Available

Stay ahead and secure your spot at a reduced rate! Every four weeks, we provide an overview of upcoming early-bird deadlines, helping you plan your professional development in advance.

 

Make sure to check the deadlines below – these special rates are only available for a limited time!

Web Session

Quantifying the Prospective Impact of Air Pollution on Mortality

20 November 2025, 9:30-12:45 CET

As climate change accelerates in the 21st century, the need to consider its effects is growing, particularly with regard to emerging risks and their impact on the insurance sector on a global scale. As a result, financial and insurance institutions must integrate environmental factors into their risk management frameworks. 

 

The consequences of climate change extend beyond financial aspects related to transition risks, also influencing physical risks, including the quality of life of policyholders. Among these physical risks, air pollution is receiving increasing attention due to its significant impact on public health, especially in the context of personal insurance. 

 

The latest estimates from the European Environment Agency (EEA) indicate that in 2022, 96% of the EU's urban population was exposed to PM₂.₅ concentrations above the World Health Organization (WHO)’s recommended level. Additionally, at least 328,000 deaths in the EU27 in 2021 were attributable to exposure to air pollution. 

 

In response to these challenges, regulatory bodies such as the European Insurance and Occupational Pensions Authority (EIOPA) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) are developing methodological frameworks to quantify the impacts of climate factors on the insurance sector. These frameworks also aim to assess how air pollution affects financial stability, particularly through the lens of increasing claims experience. 

 

In this context, understanding the links between air pollution, mortality rates, and insurance risk modeling is crucial for developing long-term, forward-looking strategies that address the impacts of climate change, including the impacts of air pollution in personal insurance.

 

The early-bird discount is valid for bookings made by tomorrow, 9 October 2025 !

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Web Session

FIDA for Actuaries: Challenge or Opportunity?

21 November 2025, 10:00-12:00 CET

Open insurance is once again the talk of the town: Despite a lot of resistance from the industry, its relevance will certainly increase over time. Driven by the market – but also driven by regulation. This web session will provide insights into the new Financial Data Access regulation (FIDA) that is currently one of the hot topics discussed between the political trilogue parties at EU level.


During this web session we will discuss, based on the current status of the regulatory developments:

 

  • What is FIDA? How does it fit into the overall European economic strategy?
  • What is the timeline for introduction of FIDA?
  • Which types of insurance, products and data are affected by FIDA?
  • How does the data exchange process work in practice?
  • What are technical and data requirements to be implemented when preparing for FIDA implementation?
  • Explore session: Focus on product development, pricing, underwriting and other areas of potential FIDA use cases. How can insurers – and in particular, actuaries – make use of new data availabilities made possible by FIDA?
     

Early-bird discount is available for bookings made by 10 October 2025!

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Web Session

Solvency II Review: Framework Approaches Finalisation

24 November 2025, 9:00-12:15 CET

The amended Solvency II Directive and a new Insurance Recovery and Resolution Directive (IRRD) entered into force on 28 January 2025. After transposition to national law, they will become applicable from 30 January 2027.


The Solvency II framework needs to be accompanied by Delegated Regulation, Regulatory or Implementing Technical Standards (RTS or ITS) or Guidelines. The respective empowerments are contained in the Directive. Drafts of several RTS and ITS have already been provided by EIOPA and put up for consultation since 2024. On 17 July 2025 the EU Commission published the draft version of the amendments to the Delegated Regulation.


Altogether, these documents now allow a reliable assessment of the impact on undertakings’ business. The three pillars of the Solvency II-system will be affected: quantification, governance, reporting and disclosure.


Basically, the IRRD shall be fully consistent with Solvency II. It requires the establishment of a separate authority to manage the resolution of insurance undertakings if a continuation of the business is assessed as non-viable. Although maximum harmonisation of the framework is not required, guidance is needed to ensure a harmonised application across countries. A first batch of drafts of RTS and Guidelines has already been published at the end of April 2025, specifying amongst others the content of pre-emptive recovery plans and resolution plans. 

 

These and more general topics affecting the task of actuaries will be discussed. This web session will deal with the following topics:

 

  • The amended SII-Directive
  • SII: Proposed Delegated Regulation, Technical Standards and Guidelines
  • The IRRD
  • IRRD: Proposed Technical Standards and Guidelines

 

Early-bird discount is available for bookings made by 13 October 2025.

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Web Session

Communication for Actuaries

25-28 November 2025, 9:30-13:00 CET

The work that actuaries perform plays an important role in society and in a wide variety of areas as the profession is also developing in non-traditional fields. The most common challenge in your work often refers to communicating your findings, results, ideas and arguments to various stakeholders (e.g. non-actuaries) who don’t have that technical knowledge and who look at the business from different angles.


As actuary, you speak your own technical language and feel safe in the universe of numbers and formulas, maybe less so in the universe of words, paragraphs and interactions. The course Communication for Actuaries will help you to improve your communication skills so you can achieve an effective communication with any stakeholder. Consequently, this will increase your confidence and allow you to make the desired impact with your work and to achieve your objectives.

 

Early-bird discount is available for bookings made by 14 October 2025.

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Web Session

CERA, Module 0: A Refresher Course in Financial Mathematics and Risk Measurement

1/2 December 2025, 9:00-15:45 CET

The web session A Refresher Course in Financial Mathematics gives an introduction to modern financial mathematics and derivative pricing. It is designed to prepare actuaries without adequate training in these fields for the quantitative parts of the CERA education. The web session is moreover an ideal learning opportunity for actuaries who want to become acquainted with or refresh their knowledge in these highly relevant fields. 

 

The online course begins with a repetition of basic concepts in probability theory including characteristics of random variables such as moments and quantiles. In order to prepare the analysis of dynamic financial models we introduce the idea of conditional expectations and we discuss stochastic processes in discrete time. The online session continues with an introduction to financial mathematics. We study risk neutral valuation and the hedging of derivatives in actuarial-academy.com discrete-time models. The last part of the web session is devoted to an introduction to financial mathematics in continuous time. Topics covered include stochastic processes in continuous time such as Brownian motion and the Ito formula, the Black Scholes model and the Greeks very basic term structure models and the pricing and hedging of simple stock and bond options. The web session consists of lectures interspersed by short exercise sessions where participants can apply the probabilistic techniques hands-on.

 

Early-bird discount is available for bookings made by 20 October 2025.

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Web Session

GenAI Beyond the Basics: Advanced Concepts for Actuaries

10 December 2025, 10:00-12:00 CET

Generative AI (GenAI) tools, such as ChatGPT, are rapidly reshaping the way actuaries approach problem-solving, analysis, and communication. Beyond their familiar web-based interfaces, these tools offer powerful functionalities through programmatic integration, which allows users to directly access and interact with the underlying Large Language Models (LLMs) via APIs (Application Programming Interfaces). Unlike standard web-based interactions, API access enables actuaries to seamlessly integrate GenAI into their existing workflows and scale usage efficiently to handle larger volumes. In this two-hour web session, participants will experience live demonstrations of advanced GenAI concepts through a Jupyter notebook that presents each concept and applies it to actuarial use cases; the notebook will be shared with attendees to encourage experimentation and support adoption in their own actuarial workflows. 

 

After introducing the basics of using LLMs through APIs, we will explore the following advanced GenAI concepts: 

 

  • Structured Outputs: Generating responses in structured formats like JSON to support easier and more reliable downstream processing.
  • Function Calling: Enabling LLMs to execute predefined functions, such as calculations or database queries, to perform specific operations.
  • Fine-Tuning: Customizing pretrained LLMs with domain-specific data to improve accuracy and relevance in generating responses.
  • Retrieval-Augmented Generation (RAG): Combining LLMs with external data sources to produce contextually enriched outputs.

 

For each concept, the session will cover its purpose, underlying principles, and functionality, illustrated through a dedicated actuarial use case and complemented by further applications and resources. It will conclude with a forward-looking outlook on emerging developments, followed by an open Q&A and discussion.

 

Early-bird discount is available for bookings made by 29 October 2025.

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