18 - 20 Apr 2024 in Vienna
Actuarial Data Science - Basic
Organised by the EAA - European Actuarial Academy GmbH in cooperation with the Aktuarvereinigung Österreichs (AVÖ).
This is part one of four courses (seminar and exam) to obtain the additional title Certified Actuarial Data Scientist by the AVÖ.
Participants who do not hold an AVÖ membership have also the opportunity to obtain a newly established EAA Certificate in Actuarial Data Science by taking part in all four modules and the corresponding exams. It is planned to offer all four modules in 2024 and 2025.
All courses are open to interested actuaries to deepen their knowledge and skills in the field of Actuarial Data Science (without exams).
IntroductionDue to technological progress in connection with Data Science and Digitalization, summarized under the buzzword Big Data, a plethora of opportunities and challenges for the industry is arising.
Technological developments have now also reached the insurance industry and thus have a direct impact on the working world of actuaries.
Under the heading Actuarial Data Science, the procedures and methods of data mining are embedded in the actuarial context. These range from mathematics-driven statistical methods for derivation of insights from data to computation-driven methods sometimes summarized as machine learning. As a result of almost unlimited computing capacity through cloud computing and wide availability of training data, tried and tested methods of machine learning, such as artificial neural networks, are experiencing a renaissance in theory and practice.
This seminar is the first part of a four-part series, where we cover a wide variety of topics ranging from fundamentals of digitalization in the insurance industry to data management and deep learning. The series had been very successfully established at the German Actuarial Association (DAV) and is based on the learning objectives of the DAV for Actuarial Data Science Basic, which is part of the actuarial training in Germany.
Purpose and Nature
We intend to give an introduction to the concepts of Actuarial Data Science and its applications. We start at the very beginning, so no prior knowledge is required.
In this three-day seminar, we cover a wide range of topics. This includes a basic introduction to the concepts and terms of artificial intelligence, modern data management concepts (with a special look at insurance companies), aspects of data protection and the mathematical and statistical concepts of data mining. On our way, we touch different use cases in the actuarial environment. To this end, we provide a brief insight into the widely used language R and development tools in the data science context (RStudio, Anaconda). The seminar rounds off with principles for the ethical handling of artificial intelligence in the insurance environment.
Prof Dr Fabian Transchelholds the endowed chair of e+s Rück for Data Science at Harz University of Applied Sciences, Wernigerode, Germany. He's an avid proponent of Machine Learning and Artificial Intelligence in the insurance sector and has been instrumental in innovating motor insurance through telematics technologies, these days also teaching Actuarial Data Science for DAA and EAA.
Prof Dr Jonas Offtermattis a professor of programming and mathematics at DHBW Stuttgart. He has been working as a programming actuary since 2015 and has been teaching at DAA since 2019. With previous leadership roles in the insurance industry, he posseses extensive experience of IT-mangement and software development.
Wolfgang Abelejoined Deloitte 2018 as Senior Manager in the actuarial Non-Life team. He has more than 18 years of experience in the consulting and insurance industry, having worked for HDI Versicherung AG, MSG Consulting und Allianz. Before he joined Deloitte Wolfgang was head of the unit Reserving & Reinsurance.Throughout his carreer, he was involved in a large number of actuarial projects, in pricing, reserving (IFRS, local GAAP, Solvency II), internal modelling and risk management. His focus was on predictive modelling, analytics, and process optimization. He has extensive knowledge in the programming language R and gives seminars on actuarial data science for the Deutsche Aktuarakademie (DAA).
Dr Marc Busseis heading the department for software solutions within the microscopy division of ZEISS. Previously, he has been working for seven years in the reinsurance sector as an actuary with focus on data science related topics. Marc is a certified actuary (DAV) and holds a PhD in theoretical physics.
Dr René Külheimis a mathematician and actuary (DAV) at PTA GmbH, where he heads the artificial intelligence department. In addition to data science-based project work in the financial sector, he is responsible for cloud-based software products with AI components.
Venue & Accommodation
The seminar will take place at the
JUFA Hotel Wien CityMautner-Markhof-Gasse 501110 Vienna, AustriaHotel website
We have arranged special prices for accommodation. The special rate is € 140.00 per night, including breakfast and VAT. It is valid for bookings by 19 March 2024 out of our allotment 'EAA Seminar'. Our allotment includes a limited number of rooms. Kindly book your accommodation directly with the hotel by writing an email to email@example.com and indicating your participation at the EAA Seminar. Please take note of the hotel's cancellation policy.