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.

The web session is developed for all kind of actuaries, risk managers or other interested persons in mathematical modelling. Participants should ideally have some basic general knowledge of mathematical ideas and notation.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure to join the web session with a stable internet connection.

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 interactive, participants are required to participate in several break-out sessions.

The language of the web session will be English.

Christoph Krischanitz
Christoph is a Senior Actuarial Consultant in Austria. He has more than twenty-five years of experience in actuarial consulting in all relevant fields of insurance and pension businesses. He was always very passionate about modelling and among many non-standard models he also developed an internal model for a non-life insurance company. Beside his professional career he served six years as President of the Actuarial Association of Austria and also six years in the Board of the AAE as Chairman of the Investment and Financial Risk Committee (nowadays Risk Management Committee). He started his career as Research Assistant for Mathematics at the University of Vienna and still holds a lectureship at the Technical University of Vienna for Actuarial Modelling in Non-Life.