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EAA Early Bird Newsletter: Enrol Early for a Smarter Learning Experience

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­ Enrol Early, Learn Smarter:
Access Attractive Early Bird Benefits
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­ As the year draws to a close and autumn is in full swing, it's a great moment to invest in your professional development. We're pleased to present our upcoming events, giving you the chance to boost your expertise and skills with attractive early bird discounts. 

To explore all our trainings, please visit our website: Take advantage of this season to plan your growth and dive into the details below!
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­ Web Session 'Storytelling for Actuaries'
25 November 2024
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­ In today's data-driven world, actuaries play a crucial role in explaining complex numbers and statistics to allow for informed decisions. However, amidst the sea of data, the power of storytelling often gets overlooked. In this immersive 4-hour course, we invite actuaries to explore the art of storytelling and discover how it can enhance their professional communication and impact. ­
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Your early-bird registration fee is
€ 420.00 (net) / € 499.80 (incl. VAT, if applicable) until 14 October 2024. After this date, the fee will be € 550.00 (net) / € 654.50 (incl. VAT, if applicable).
More details
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­ Web Session 'The UBI Motor Insurance Telematics Pipeline Blueprint'
26 November 2024
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­ The nature and requirements of motor telematics remain somewhat elusive to the industry as many skills and concepts are not part of the classical syllabus of the profession; while time series data has a fixed place in the profession, dealing with (physical) sensor data has not, much less when extracting risk measure features from it.

This web session will allow actuaries to gain an introductory understanding of the relevant concepts that are required to enable usage-based insurance in the motor line of business from the technical and pricing point of view.
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Your early-bird registration fee is
€ 180.00 (net) / € 214.20 (incl. VAT, if applicable) until 15 October 2024. After this date, the fee will be € 250.00 (net) / € 297.50 (incl. VAT, if applicable).
More details
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­ Web Session 'Calculation of Life Insurance Products by Means of Markov Chains'
27 November 2024
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­ 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 chains is gaining in importance and has been used for some time in the mathematical cores of new portfolio administration systems.

This web session will provide an insight into the calculation of common life insurance products using the Markov approach. For this purpose, first an overview of the best-selling life insurance products in some European countries and their classic calculation will be given. In the following, the principle of Markov chains is explained and a model for calculating actuarial values is derived.
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Your early-bird registration fee is
€ 120.00 (net) / € 142.80 (incl. VAT, if applicable) until 16 October 2024. After this date, the fee will be € 170.00 (net) / € 202.30 (incl. VAT, if applicable).
More details
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­ Web Session 'Mathematical Modelling for Actuaries'
28/29 November 2024
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­ 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. ­
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­Your early-bird registration fee is
€ 720.00 (net) / € 856.80 (incl. VAT, if applicable) until 17 October 2024. After this date, the fee will be € 935.00 (net) / € 1,112.65 (incl. VAT, if applicable).
More details
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­ Web Session 'CERA 0: A Refresher Course in Financial Mathematics and Risk Measurement'
2/3 December 2024
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­ 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. ­
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­Your early-bird registration fee is
€ 540.00 (net) / € 642.60 (incl. VAT, if applicable) until 21 October 2024. After this date, the fee will be € 600.00 (net) / € 714.00 (incl. VAT, if applicable).
More details
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­ Web Session 'Life Biometric Assumptions: Bringing Together New & Classic Methods'
5 December 2024
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­ The purpose of this web session is to give the participant a comprehensive understanding of how biometric assumptions are developed for use in life insurance products using available data sources and both classic and modern analytics techniques. Participants will come away with knowledge of both what is possible as well as how the various elements can be used together. This will prepare the participants to evaluate their current practices and make an informed decision regarding what other data or data analytics techniques are worth exploring to effectively enhance their operations.  ­
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­Your early-bird registration fee is
€ 180.00 (net) / € 214.20 (incl. VAT, if applicable) until 24 October 2024. After this date, the fee will be € 250.00 (net) / € 297.50 (incl. VAT, if applicable).
More details
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­ Web Session 'Inflation Risk Management'
10 December 2024
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­ The purpose of this web session is to explore how inflation and its uncertain evolution impacts insurers and pension funds and how actuaries can manage the risks involved. It will draw on recent work within the Actuarial Association of Europe and other bodies on inflation risk management. This session may be most suited to managers and specialists working areas such as risk management, financial controlling, reserving and product development. ­
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­Your early-bird registration fee is
€ 120.00 (net) / € 142.80 (incl. VAT, if applicable) until 29 October 2024. After this date, the fee will be € 170.00 (net) / € 202.30 (incl. VAT, if applicable).
More details
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­ Web Session 'SCR Interest under Solvency II'
11 December 2024
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­ The purpose is to explain how the current SCR interest has been calibrated based on Principal Component Analysis and the need for changes in a low interest environment. We will then describe the new relative shifted approach and preliminary impact assessments. We will also address the question on the SCR interest up in an inflationary environment and possible solutions. ­
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­Your early-bird registration fee is
€ 120.00 (net) / € 142.80 (incl. VAT, if applicable) until 30 October 2024. After this date, the fee will be € 170.00 (net) / € 202.30 (incl. VAT, if applicable).
More details
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­ Web Session 'Stochastic Projection Models in Life Insurance'
12 December 2024
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­ This web session provides an overview of three conceptually different approaches for stochastic life insurance projection models currently observable in the market. It compares their key ideas, explains their strengths & challenges, and introduces the underlying mathematical / actuarial methodologies. Concerning the application of the comparably little-known Liability-2-Step approach, the session will present the operational experience of an Austrian insurance company. Although the comparison of the modelling approaches will mainly be conducted from the viewpoint of Solvency II reporting, the session will also discuss their applicability as basis for the integration of external financial reporting with internal planning and performance management. ­
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­Your early-bird registration fee is
€ 180.00 (net) / € 214.20 (incl. VAT, if applicable) until 31 October 2024. After this date, the fee will be € 250.00 (net) / € 297.50 (incl. VAT, if applicable).
More details
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­ Web Session 'ESG Investing from a (Retail) Investor Point of View'
13 December 2024
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­ The aim of this web session is to provide the audience an overview of ESG and sustainability developments first, and then to explore in more detail developments for investment both from a corporate and retail point of view. Topics will also be how to use ESG in valuation and portfolio construction, sustainability reporting, ratings, and labels. ­
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­Your early-bird registration fee is
€ 120.00 (net) / € 142.80 (incl. VAT, if applicable) until 1 November 2024. After this date, the fee will be € 170.00 (net) / € 202.30 (incl. VAT, if applicable).
More details
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­ actuarial-academy.com ­
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