Organised by the EAA - European Actuarial Academy GmbH in cooperation with the Institute of Actuaries in Belgium.

Dealing with cash-flows is one of the major topics for actuaries in insurance companies. However, working with cash flows needs a certain IT infrastructure. The power of IT keeps on increasing, complex calculations with millions of different paths can be done in a reasonable time nowadays. Complex and massive data and how to get results from this information will become major topics for almost all areas of economy. Especially in the fields of insurance and financial industry, the role of the actuary is key.

This seminar combines two perspectives: A theoretical part will deepen your know-how in (cash-flow) modelling, while a second, very practical part, will deal with IT solutions for insurance companies, including best practices for ensuring the right data are available for your (Solvency II related) calculations.

This seminar has been designed for participants who are interested in Cash-Flow Modeling or work in this area. In-depth knowledge of actuarial modelling is not a pre-requisite, as there will be an introduction to this area.

Attendees are encouraged to bring a laptop computer with Microsoft Excel installed. 

Peter van den Berg
Serves as an Insurance consultant at the Banking and Insurance team part of Strategy and Transformation at IBM Global Business Services Europe. He has been a consultant in the Insurance industry for more than 15 years. The last five years Peter focused on modeling an Enterprise Data Warehouse based on IBM`s Information Insurance Warehouse (IIW) data models to load and record source data that serves as a basis to support the Solvency II requirements.

Cédric De Roover
Serves on Business Analytics & Optimization at IBM Global Business Services Europe. He has been dealing for about 8 years in delivering complex reporting solutions for multi-national clients who were fundamentally transforming their business and needed to leverage data and information into insight and foresight. He focused the last three years on Solvency II Reporting Solutions (Pillar III). Cédric holds a Ph.D. in applied sciences and an MBA from the Louvain School of Management.

Coralie Francqui
Serves on the financial services of IBM Global Business Services Europe. She has been dealing for about 6 years in the integration of financial software, the improvement of reporting solutions and the automation of the end-to-end reporting chain, for insurance companies. The last four years, she has focused on the Solvency II reporting aspects.

Andrew Blackburn (FIA)
Acts as the Advisory function lead within IBM Risk Analytics focused on the Algo Financial Modeler software suite. Andrew has worked with Actuarial software for over 10 years and has helped a range of clients around the world implement Actuarial models for Liability projections, ALM analysis, Regulatory reporting and Risk Management.

Dr Michael Leitschkis
Michael Leitschkis studied Mathematics in Cologne and Philadelphia. He now works for Milliman in an international risk management role. Before that he worked at Generali Deutschland Group as Head of Actuarial Modelling for almost five years. He started his career at B&W Deloitte in Cologne. Michael Leitschkis is member of the German Actuarial Association (DAV) and CERA. He has delivered a number of talks and lectures on various topics of risk modeling and risk management.