Category: EDUCATION - actuview - the international streaming platform for actuaries

AFDP 2024: Introduction to Spreadsheet Design

Wed, 10 Sep 2025 10:50:18 +0000

Introduction to the fundamentals of spreadsheet design: moving from theoretical actuarial concepts to hands-on spreadsheet calculation.

AFDP 2024: Property & Casualty I

Wed, 10 Sep 2025 10:34:38 +0000

In this session, participants will receive an introduction to the fundamentals of Property and Casualty (P&C) insurance. The module begins with an overview of the global insurance industry, highlighting the significance and market dynamics of P&C insurance. Key components such as underwriting, pricing, claims, and reserving will be explained, emphasizing their importance in effective insurance management. Basic definitions and methodologies for pricing and reserving will be introduced. The session concludes with an exploration of the unique challenges and growth opportunities in developing countries, illustrated with relevant case studies.

AFDP 2024: Pensions Benefits and Social Security

Wed, 10 Sep 2025 10:31:26 +0000

The first session of “Pensions” course will be dedicated for the classical Pay-As-You-Go (PAYG) pension systems. PAYG systems work following an intergenerational solidarity, where the contributions paid by the current generation of workers are used to pay the benefits of the current generation of retirees. Such a system is very sensitive to demographic changes, such as longevity and population aging, and is still very popular in developing countries, but constitutes a small share of the multi pillar systems adopted in many Industrialized countries. The first part of the pensions' course will be dedicated to learning further about the financing mechanism of PAYG system, their strengths and weaknesses, and to presenting sustainability analysis cases, in which we consider Algeria as an example. The other types of pension systems, such as the fully funded, the notional account, and the universal systems will be developed in the second session of the course, i.e. Pensions II.

AFDP 2024: Industry and Academia Collaborations

Wed, 10 Sep 2025 09:19:34 +0000

Best practices and successful models for building and nurturing these crucial relationships.

We will explore strategies for increasing student opportunities through industry partnerships, competitions, and other events.

Participants will gain insights into:

Establishing and maintaining effective industry partnerships
Designing impactful co-op and internship programs
Organizing and leveraging competitions and events to enhance student learning and engagement

We will examine case studies from established programs to illustrate the benefits and challenges of these initiatives. The session aims to provide actionable strategies and resources that actuarial science instructors in emerging countries can apply to their programs to foster industry collaboration and enhance student opportunities.

Demystifying Actuarial Science for Laymen

Fri, 08 Aug 2025 09:37:58 +0000

Actuarial Science might sound mysterious, but it doesn’t have to be! In this video, we break down complex actuarial concepts into simple ideas by animations — no formulas, no jargon. Whether you're curious or confused, this video will leave you feeling smarter. Because understanding how insurance works isn’t just for actuaries — it’s for everyone. You'll learn about three key concepts that drive many insurance products: Payback Period, Non-Guaranteed Bonus, and the Law of Large Numbers. We’ll explore how insurance works like a long-term exchange — you pay premiums and receive benefits in return. How soon that happens may depend on the type of policy: participating or non-participating. Ever wonder how insurers decide whether to give you a non-guaranteed bonus? Or how do they maintain financial stability even during years of poor investment returns? We’ll explain bonus smoothing — a clever mechanism that helps maintain the bonus during economic ups and downs. And finally, we reveal the mathematical magic behind the scenes: how actuaries use the law of large numbers to predict risks and set fair prices.

Recap of the first Actuarial Career Meetup May 2025

Tue, 05 Aug 2025 14:56:27 +0000

In May 2025, DAV, DGVFM and actupool initiated the first Actuarial Career Meetup.

The event is tailored to inspire students and graduates from relevant fields of study to explore the diverse career opportunities of the actuarial profession and to provide them with concrete career pathways.

With three Meetup Partner Companies and 19 Network Partners, the Actuarial Career Meetup combined practical insights into the field of actuarial work with the benefits of a digital career event.

Les voix de l’actuariat - Nouvelles technologies, nouvelles solutions : l’actuariat au cœur des transformations

Fri, 25 Jul 2025 12:10:03 +0000

Ce nouvel épisode des Voix de l'Actuariat, la collection de podcasts proposée par l'Institut des actuaires, est consacré aux technologies qui bousculent le métier d'actuaire : automatisation, intelligence artificielle, plateformes de données… Plus rapides, plus puissants, les outils d’aujourd’hui ne se contentent plus d’assister : ils transforment en profondeur la façon de modéliser, d’anticiper et de conseiller. Python est devenu un standard, les calculs s’exécutent en temps réel, et les actuaires sont désormais au cœur de la stratégie des entreprises. Mais cette révolution pose aussi des questions : quelles compétences faut-il développer ? Quels freins faut-il lever ? Et jusqu’où pousser l’automatisation sans perdre l’essence du métier ? Pour nous éclairer sur ces sujets, Grégoire Tournon a invité Keren Bauget, manager, et Jeffrey Calvez, senior consultant, tous deux collaborateurs du cabinet Deloitte (https://www.deloitte.com/fr/fr.html) au sein de l’équipe actuarielle. Ils vont partager leur expérience et leur vision d’un métier en pleine transformation.

The Evolving Role of Actuaries in Africa

Fri, 06 Jun 2025 08:21:48 +0000

This joint session by the Nigerian Actuarial Society (NAS), the Actuarial Society of Kenya (TASK), and the Actuarial Society of Ghana (ASG) will explore actuarial practice across the three countries with highlights on the following topics:

How actuaries can influence policy and regulation
Expanding beyond traditional actuarial fields (banking, healthcare, climate finance)
Addressing the actuarial skills gap in Africa

A Nigerian PerspectiveAcross Africa, the actuarial profession is undergoing a period of transformation—marked by expanded frontiers, increased relevance in public policy, and a growing need for local capacity. In Nigeria, the largest economy on the continent, the profession stands at a critical juncture. The evolving socio-economic landscape, combined with regulatory reforms and emerging risks, has created a unique opportunity for actuaries to redefine their role—not just as technicians but as strategic partners in national development.This session explores how actuaries in Nigeria are influencing policy and regulation, expanding into non-traditional fields, and addressing the deep-rooted skills gap that continues to constrain the profession. It also highlights the efforts of the Nigerian Actuarial Society (NAS) in positioning the profession for greater relevance within the African context. A Kenyan PerspectiveThe actuarial profession in Kenya is undergoing a significant transformation, marked by a growing presence in public policy, regulatory engagements, and emerging sectors such as climate risk and climate finance. Actuaries are leading efforts by working directly with regulatory bodies, such as the Insurance Regulatory Authority to support innovation in microinsurance and the development of inclusive insurance solutions.To address the actuarial skills gap, structured apprenticeship programs, academic curriculum enhancements, and promotion of international certification pathways are underway. These developments reflect efforts to strengthen the profession’s capacity to influence national development and manage complex risks in an evolving socio-economic landscape.A Ghanaian PerspectiveAs Africa’s economies evolve, so too must the actuarial profession. This presentation explores how actuaries in Ghana — and across the continent — can redefine their role to meet the continent’s emerging needs in policy, finance, and capacity development.

Plenary Session 2: Education in Africa

Fri, 06 Jun 2025 08:02:35 +0000

Join us for an insightful panel discussion on the current landscape of actuarial education across Africa. Our expert panelists will explore different education systems and approaches, the key challenges faced, and collaborative initiatives driving progress. The session will also highlight multi-national efforts supporting actuarial education and reflect on future opportunities for growth and innovation across the continent.

The Evolving Landscape of Risk: Innovation, Ethics, and Global Insight

Fri, 06 Jun 2025 07:45:10 +0000

In an era defined by accelerating technological change and intensifying global risks, the actuarial profession stands at a critical inflection point. This dynamic session explores the evolving role of actuaries as strategic thinkers, ethical leaders, and global collaborators in the face of complex challenges such as artificial intelligence and climate risk.The session will include an introduction to the Casualty Actuarial Society (CAS), global leaders in general insurance risk. CAS President, David Cummings, FCAS, will delve into the transformative impact of Artificial Intelligence on the general insurance actuarial practice —highlighting both the expanding technical possibilities and the ethical considerations that actuaries must navigate in this space.Building on this foundation, the session will also include opportunities for dialogue regarding actuarial professionalism standards and AI usage

La technique actuarielle au service du développement économique

Wed, 04 Jun 2025 16:24:05 +0000

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Shaping Actuarial Futures in Africa: Collaboration Across National Boundaries

Tue, 03 Jun 2025 13:52:08 +0000

This session addresses the importance of unity and collaboration in advancing the actuarial profession across Africa, acknowledging that national borders were not defined by Africans. It will explore initiatives that transcend national boundaries to facilitate the sharing of resources, knowledge, and strategies for collective progress. The discussion will also highlight the innovation, resilience, and adaptability required to navigate diverse national contexts, including varying regulations, educational standards, and economic conditions, to ensure the profession thrives despite these challenges. Learn more from:

Information zum neuen Spezialwissen Rechnungslegung

Mon, 26 May 2025 05:31:12 +0000

Das Fach Spezialwissen Rechnungslegung wird seit 2024 neu angeboten. Wir sprechen über die Beweggründe, die zur Einführung des Faches geführt haben, die Zielgruppe und stellen seine Inhalte vor. Darüber hinaus gehen wir darauf ein, dass einzelne Module oder das gesamte Spezialwissen auch zur Weiterbildung genutzt werden können.

Actuarial Exam Strategies: Effectiveness, Efficiency and Adherence

Mon, 05 May 2025 09:19:30 +0000

In this presentation, we will discuss key strategies for achieving success in actuarial exams, focusing on effectiveness, efficiency, and commitment. We will cover the importance of developing a deep conceptual understanding, using streamlined study methods, and adhering to a structured study plan.Additionally, we will emphasize the significance of building a professional brand and highlight available free ACTEX resources. This comprehensive approach is designed to help aspiring actuaries overcome exam challenges and enhance their career prospects.

Understanding Loss Reserving: An Actuarial and Regulatory Perspective

Tue, 29 Apr 2025 11:40:41 +0000

Webinar on loss reserving methods and how regulators evaluate actuarial work product.

Critical Point – A Milliman Podcast: Growing the actuarial profession in the developing world: Where the UNDP-GAIN initiative stands after one year

Thu, 10 Apr 2025 15:15:26 +0000

Actuaries are vital to the insurance industry and national economies, but the profession is still emerging in many developing countries. To help change this, Milliman and the United Nations Development Programme have launched GAIN, the Global Actuarial Initiative, which will send Milliman volunteers to meet with regulators, insurers, educators, and students in 27 countries.

In this special episode of Critical Point, five Milliman volunteers reflect on the accomplishments of GAIN’s first year, what surprised them on country visits that took them as far as Uzbekistan and Tanzania, and the work ahead.

Discussion on “How to Find the Right Mentality to Think Outside the Box”

Fri, 28 Mar 2025 13:43:56 +0000

Join Aurélien Couloumy, Laurent Sabatié, and Sarah Schadek-Keane in an engaging panel discussion, moderated by Alexandra Kettenhoven, on “How to Find the Right Mentality to Think Outside the Box.”Responding to audience questions, the panelists provide valuable insights, sharing their perspectives, experiences, and practical advice.

Discussion on “How to Improve Your Personal Skills”

Fri, 28 Mar 2025 13:29:28 +0000

Join Ines Manai and Norbert Haller in a thought-provoking discussion, moderated by Anna Diermann, on “How to Improve Your Personal Skills.”Responding to audience questions, they offer tailored advice on various topics related to personal and professional growth. Through sharing their insights, experiences, and practical strategies, they provide valuable guidance on enhancing essential skills.

International Careers

Fri, 28 Mar 2025 13:09:31 +0000

Sarah Schadek-Keane shares valuable advice for actuaries considering an international career. Among other things, she breaks down the essential factors to evaluate when choosing a new place to live and work, highlighting practical and lifestyle considerations. As she explains:“When considering an international career as an actuary, it's essential to take into account all relevant factors for each country, such as inflation, salary, and living conditions. Often, the ability to afford a comfortable lifestyle – such as dining out, housing, and leisure – becomes a key motivator. Additionally, stable political systems, climate, schooling, and infrastructure all play crucial roles in making the right choice.” Watch the full video to discover what truly matters when planning an international actuarial career!

Non-linear Careers

Fri, 28 Mar 2025 13:02:17 +0000

Laurent Sabatié shares his insights on the advantages of pursuing a non-linear career path and how actuaries can leverage their skills to forge unique and fulfilling careers. Drawing from his own journey, he highlights the freedom and growth that come from taking unconventional routes. As he explains:“The main advantage of a non-linear career is being the master of your own destiny, even when the path is unclear. As actuaries, we are well-positioned to take risks, despite our natural reluctance. Creating something from scratch and experiencing every stage is invaluable and something you can’t find in a traditional career. Embrace your journey, stay curious, and don't be afraid to take that leap.” Watch the full video to learn how embracing a non-linear career path can lead to greater fulfillment and success!

Actuary & Entrepreneur

Fri, 28 Mar 2025 12:51:23 +0000

In his captivating talk about being Actuary & Entrepreneur, Aurélien Couloumy offers valuable advice for young actuaries exploring entrepreneurial ventures within the actuarial field. Drawing from his own experiences, he shares practical tips for those looking to innovate and make their mark. He emphasizes the importance of collaboration and curiosity, stating:“As a young actuary, find the right people to embark on your journey with, and define your project by asking the right questions. Don’t hesitate to seek feedback on your ideas, stay humble in your approach, and be prepared to embrace both failure and success along the way.” Watch the full video to discover how to turn your actuarial ambitions into entrepreneurial success!

Lessons Learned: Are Soft Skills Hard Work?

Fri, 28 Mar 2025 12:43:51 +0000

In his engaging presentation, Norbert Haller shares valuable lessons learned throughout his career journey. Discussing the challenges and importance of soft skills, he offers insights from his personal experiences and growth. He concludes with an encouraging message: “At the beginning of your career, there are so many things to take in. Don’t be afraid – be yourself. Take the time to reflect. There’s so much to learn, and it will be exciting and interesting. Stay happy and look forward to your own development.” Watch the full video to gain practical advice and inspiration for your own career path!

Personal Skill Sets

Fri, 28 Mar 2025 11:57:03 +0000

In her inspiring presentation, Ines Manai discusses personal skill sets and, among other things, how boundaries help us navigate personal and professional spaces. She explains that boundaries are not fixed – they are shaped by our values, experiences, and priorities.In the workplace, these boundaries are constantly tested – whether through communication, workload, or striving for work-life balance. Rather than limiting us, boundaries reveal our fears and needs.By recognizing and strengthening them, we gain greater confidence, balance, and well-being. This approach turns boundaries into powerful tools for personal growth and professional development. Watch the full video to learn how to view boundaries not as limitations, but as valuable guides for your growth!

Long-Term Care Population Research Model - Demonstration Video

Tue, 18 Mar 2025 11:55:45 +0000

A demonstration video will show you how to use the SOA Research Institute’s Long-term Care Population Research Model. This Excel-based tool examines the utilization and expenditures of long-term care services for different populations and estimates the impacts of various benefit menus. Visit Long-Term Care Population Research Model | SOA to access the model, review its methodology and find a user’s guide.

The European Actuary No. 41 | Harnessing the power of AI for actuaries - FULL INTERVIEW

Tue, 04 Mar 2025 12:53:57 +0000

The headline interview with Ronald Richman on Artificial Intelligence and its relevance for actuaries for the The European Actuary No. 41. Find the magazine here.