Magyar Aktuárius Társaság Hungarian Actuarial Society International Actuarial Association Groupe Consultatif Actuariel Europeen

EAA Web Session “Non-Life Pricing Using Statistical Techniques with R Applications” in March 2021

Non-Life insurance is facing many challenges ranging from fierce competition on the market or evolution in the distribution channel used by the consumers to evolution of the regulatory environment. Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several dimensions:

Technical: Is our pricing adequate to cover the underlying cost of risk of my policyholders and the other costs we are facing? Which are the key variables driving the risk? Are they adequately taken into account in our pricing? What’s the impact of the claims history of my policyholder on its expected risk? In which segment are we profitable and in which are we not profitable?
Competition: At what price will we attract the segments that we target and price out those that we do not want? Is the positioning of our competitors influencing our pricing practice and our profitability? What’s my position with respect to my competitors in term of pricing? What are the segments in which I am well positioned and the segments where I am not well positioned?
Elasticity: What price (evolution) are our existing customers prepared to accept? Does the sensitivity to price evolution depend on the profile of my customer?
Segmentation: Is our segmentation granular enough for our purposes?
Join our web session “Non-Life Pricing Using Statistical Techniques with R Applications” on 4/5/8/9 March 2021 | 9:00-12:30 CET! The aim of this web session is to present some advanced actuarial/statistical techniques used in non-life pricing or underwriting. The web session focuses on selected practical problems faced by pricing actuaries and product managers.

Your early-bird registration fee is € 640.00 plus 19% VAT for bookings by 18 January 2021. After this date, the fee will be € 790.00 plus 19% VAT.

Please find all additional information in this print version and on our website. An overview on other upcoming events can be downloaded as well.

If you have any questions please do not hesitate to contact us.

“CERA, Module A: Quantitative Methods of ERM” on 24-26 February 2021.

Do you want to deepen your knowledge in Enterprise Risk Management or gain the international ERM-credential CERA?

If yes, please register to take part in the EAA Web Session: “CERA, Module A: Quantitative Methods of ERM” on 24-26 February 2021.
The fee for this CERA module is € 790.00 plus 19% VAT.

This 3-day web session assists actuaries in broadening their knowledge about modern quantitative financial and actuarial modelling; these topics form an essential part of the CERA syllabus.
At the beginning of the online training we give a brief overview of the EAA-route to the CERA designation.
The core part of the web session begins with an introduction to the modern theory of risk measures. Next, a number of statistical techniques are discussed, that are highly relevant for the analysis of actuarial and financial data and for the model-building process in risk management. Among others, we will consider extreme value theory, dependence modelling, copulas, and various aspects of integrated risk management. The training continues with an introduction to the modelling and the management of interest rate and credit risk. In particular, participants will learn how to price simple interest options or Credit Default Swaps, how to compute risk measures for a bond portfolio, and how to account for counterparty risk.

Please find all additional information and a registration form on our website. An overview on other upcoming events can be downloaded as well.

Új álláshirdetés – aktuárius

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Őszi Iskola – Program és meghívó

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